Epicor Eclipse Consulting to Tackle Bank Reconciliation

In the distribution industry, where any number of products or services can be called upon on a regular basis, it’s critical to keep tabs on the dollars coming in and going out. Many businesses work with their banks to request lending for capital or other expenses. Any savvy business owner knows bank reconciliation is a part of doing business that must regularly occur. 

If you’ve been using Epicor Eclipse for any amount of time, you’ve learned the bank reconciliation function within the software. It is essentially a process of clearing checks. Beyond that, transactions such as transfers, miscellaneous charges, and the ability to make manual adjustments are not options currently available. Zerion often hears from customers keeping very detailed spreadsheets on their own to track the nuanced inputs and outputs of a fast-paced business. This method can become cumbersome when you must continuously update the numbers so you’re not off-base when you attempt to reconcile. Without a tool, it can feel like you’re fighting an uphill battle.  

Several years ago, while searching for a plug-and-play tool to complement Epicor Eclipse, Zerion became a reseller of EzyRecon. This product works with Eclipse and allows you to compare your bank statement to your general ledger. EzyRecon tracks changes that have been made in your accounts, can intuitively tell you where you might be off, and will reconcile new records after changes have been made. After the initial setup, it can take only minutes – not days – to reconcile. 

Michelle Allard, Accounting Manager at C&L Supply Inc. and a Zerion customer, dreaded the reconciliation process every month before she was introduced to EzyRecon. “One day, I was on the phone with Tony at Zerion and I said ‘There just has to be a better way. I’m the accounting manager and I put off doing our monthly reconciliation as long as possible; that’s not good! Our transactions may not be simple, but they are by no means atypical for a business in the wholesale distributorship industry.’” After installing the EzyRecon bank reconciliation software, Michelle recounts how a frustrating task that once took her days – sometimes weeks – now took only minutes. “There were actually a few times that I contacted EzyRecon just to thank them for how easy they made this task.”

If there’s one niche Zerion knows best, it’s how to find solutions to make Epicor Eclipse work better for our customers. This is why we are a trusted resource for Eclipse consulting.  We know that bank reconciliation often involves more than just clearing checks, so for those applications where you need to go a little more in-depth, we recommend looking at this plug-in solution to Eclipse’s bank reconciliation processes. If you’d like to set up a demo to learn more, feel free to reach out to me at tony.king@zeriongroup.com.