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Example of Productivity Solutions.Case 1 Problem:Company ABC had an extremely active trust account handling approximately 700 deposits and about 1,300 checks every month. The deposits were done by many different staff members and there were a fair amount of errors. Reconciling the account every month took the accounting department many hours. Case 1 Solution:TAP Solutions arranged with the bank to receive the account's activity electronically. We wrote an application that would take the data from the account's check writing system, merge that data with the bank's information, and produce an exception report. The process marked all the checks and deposits that matched, and printed a report of the problems. The problem report contained some algorithms that tried to make suggestions for resolving the issues. Then the accounting department manually handled the problems and marked the entries to be cleared. When everything was balanced, the data was fed back into the check processing system, and the reconciliation was complete.
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