Like many Public Sector organizations, The Washington Sports and Convention Authority, also known as Events DC, was using spreadsheets for account reconciliation. With AST as its implementation partner, Events DC deployed Oracle Account Reconciliation Cloud Service (ARCS) to successfully transform its reconciliation process and streamline financial close. Events DC was able to reduce reconciliation time while improving accuracy, efficiency, and auditability.
Learn more about this incredible transformation in the recording of a live webinar, hosted by Oracle and AST: A Case Study of Streamlining the Account Reconciliation Process in Public Sector.
The presentation discusses:
- The account reconciliation process adopted by Events DC and how it has transformed into an exception-based process;
- How ARCS has improved productivity, accuracy, and risk management at Events DC;
- Key configurations that improve the transparency, efficiency, and auditability of the process;
- Lessons learned from implementation;
- And more!
Click here to access and view the full webinar, and here to learn more about how AST can significantly reduce the amount of time required to deploy ARCS, allowing you to take advantage of faster time to close with the automation of account reconciliation!