100% Transparent and Real-Time Tracking of Reconciliation Tasks for a US-Based Community Bank with Power BI Dashboard

Client Introduction

A leading US-based community bank that offers banking, mortgage and commercial lending, funding, treasury, and other prominent services.

Problem Statement

• Large backlog of unreconciled transactions
• Unstructured transactions data with lack of business insights
• Inadequate transaction monitoring, data collection, and reporting
• Lack of digital tooling to support automation
• No tracking system to facilitate transaction reconciliation

Solution Offered

Anaptyss leveraged its proprietary Digital Knowledge Operations™ (DKO™) approach to organize the unstructured dataset and perform advanced data modeling to deploy a customized Power BI dashboard for real-time transaction monitoring and reporting.

Key solution delivered:

• Structuring of the unorganized dataset and end-to-end data modeling
• Mapped the specific status of transactions to allow accurate reporting
• Microsoft Power BI dashboard for real-time insights
• Deployed cloud-based SharePoint database to feed the dashboard

Business Outcomes

• 100% transparent, accurate, and up-to-date reports
• Faster reporting with less effort and zero downtime
• Real-time tracking of reconciliation tasks
• In-depth KPI tracking with historical trends, targets, outcomes, etc.
• More accurate decision-making to support business goals
• 24×7 mobile access to the project dashboard