PangaeaSolutions Inc.

Accelerated Solutions TM

ACCELERATED ELECTRONICBANKING RECONCILIATION

EBSAUTOMATION

B U S I N E S S B E N E F I T S

• Significantimprovementsinefficiency

• Humanfocusshifttodata

analyticsfromnon-valueadded

routineprocessingactivities

• Improvedresponsetimesto

transactionexceptions

• Improvedoverallcontrol,including

theabilitytorespondwithin

thelegislatedtimeperiod

• Improvedliquidityforecastingasa

resultofup-to-dateaccountstatus

• Improvedsupportforthecashiering

process,includingtheability

rtorefundknowingtheoriginal

paymenthasclearedthebank

What is EBS Automation?

flexible solutions for your business needs

I M P R O V I N G Y O U R B A N K I N G R E C O N C I L I AT I O N

EBSAutomationimprovesupontheout-of-box

functionalityofElectronicBankStatement,afunction

withinSAP’sfinancialmoduleformanagingbankand

checkreconciliation.Yourcompanywilldiscoverthe

benefitsofnearreal-timebankreconciliation,leadingto

processingtimesavingsandimprovedresponsetimes.

EBSAutomationwilltransformyourcompany’sbankand

checkreconciliationprocess:

• Enablesautomatedbankfiledownload,

eliminatinglog-oncredentialfraud

• Maintainsdataintegrityandsecurityvia

automatedbankfilemanagement

• Offersautomatedbankclearingandjournalizing

viapredefinedclearingprocedures

• Limitsend-userinvolvementasaresult

ofexception-basedprocessing

• Providesacompletetransactionaudittrail

• Improvesliquidityforecastingandensures

financialreportingreadiness

• Offersscalablelevelsofautomation;

• Allowsfor“hands-off”processingthroughfullautomation

• Enablesprocessconsistencyandrepeatability,

aswellasthesegregationofduties

throughoutthebankingprocesschain

What is EBS Automation?

flexible solutions for your business needs

I M P R O V I N G Y O U R B A N K I N G R E C O N C I L I AT I O N

P R E PA R AT I O N

PriortoimplementingEBSAutomation,weconductathorough

analysisaspartofthepreparationstage.Duringthisphase,we

samplebankforms,analyzebankdata,andconducton-site

workshops.

B LU E P R I N T

Aspartoftheblueprintingstage,wegatherallbusiness

requirements,formulateabusinessprocessdesign,conduct

bankfileanalysis,andconfigurefilestoensureuniformityto

systemrequirements.

R E A L I Z AT I O N

Duringtherealizationphase,weperformcustomdevelopment

andconfiguration.

D E P LOYM E N T

Weoffertimelydeployment,estimatedatsixtoeightweeks,

dependentonthelevelofuserinvolvement.

P R O D U C T S U P P O R T

Dependingonyourbusinessneeds,weprovidesustainment

andproductsupport.However,thetruebenefitofadoptingEBS

Automationisthatuserscanbetrainedandgivenallthetools

theyneedtomaintainthesystem‘in-house’.

BAS I C D E P LOYM E N T

Thisofferingencompasses

consultancyservicesassociated

withrequirementsgathering,

analysis,designanddeploymentof

EBSfunctionality.Thisincludesbank

fileinterpretationandassociated

journalprocessing.

T E C H N I C A L A R C H I T E C T U R E

Thisofferingincludesautomatedfile

management,providinghands-off

fileintegrityandcontrolbasedonfile

processingstatusthroughthe

entirelifecycle.

E N H A N C E D I N T E R P R E TAT I O N

Thisofferingenhancesthebasic

deploymentwithanEBSbolt-on

accelerator,providingsophisticated

interpretationalgorithms,whichenable

awiderangeoffinancialpostingsto

meetdiversebusinessscenariosand

exceptions.Thisserviceoffering

automatesbankfileprocessing,

limitinguserinvolvementto

exceptionprocessing.

F U L L AU T O M AT I O N

Thisprovidesforacomplete

hands-offexperience,barring

exceptionprocessingthrough

theentireaccountreconciliation

lifecycle.Fullautomation

combinesthefeaturesof

EnhancedInterpretation

andTechnicalArchitecture

offerings,withautomated

bankfiledownload.

Product Options

Our Implementation Process

O U R C L I E N T S

C I T Y O F B U R N A B Y

TheCityofBurnabyservestheresidentsand

businessesinthecommunityofBurnaby,BC.

WithinonlytwomonthsofimplementingEBS

Automation,theCitywitnessedadramatic

reductioninresourcesrequiredtomanagetheir

bankreconciliation.

C I T Y O F N A N A I M O

AsEBSAutomationishighlyconfigurable,the

CityofNanaimo,locatedonVancouverIsland,

BC,hadfullvisabilityoftheiraccountstatuses

immediatelyuponimplementation.

M O D U L A R M I N I N G

ModularMiningisaUS-subsidiaryofKomatsu

Group,specializinginmine-management

softwaresolutions.WeworkedwithModular

MiningtoprovideafullSAPupgrade,which

includedtheimplementationofEBSAutomation

inninecountriesthroughoutfivecontinents.

CAPITAL REGIONAL D ISTRICT (CRD)

CRDistheregionalgovernmentforthe13

municipalitiesandelectoralareaslocatedon

thesoutherntipofVancouverIsland.Prior

toEBSAutomation,CRDfacedchallenges

keepinguptodatewiththeirreconciliation

process.However,sincetheimplementation

ofEBSAutomation,theyhavebeenableto

stayontrackandmaintainefficient,timely

processing.

Unit105-185ForesterStreetNorthVancouverBritishColumbia,CanadaV7H0A6

+1.604.988.8849www.ps-i.ca

PangaeaSolutions Inc.

Accelerated Solutions TM