Trending over the past several years is a shift to Cloud-based services. Oracle Account Reconciliation Cloud Service (ARCS) is a purpose-built solution that has been added to Oracle’s portfolio of Cloud services. ARCS facilitates the management of the global reconciliation process and provides real-time visibility into the performance of reconciliations and ensuring that all reconciliations prepared are properly qualified. It also helps to streamline and optimize performance by automating certain reconciliation tasks and supporting risk-based reconciliation cycles.​

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