Solutions Summit 2014

T-Recs Product Updateand Feedback

Kelly Darren, Jonathan Haynes, Shannon Parker, Gayla Steiner, Kaki Wynn

Chesapeake System Solutions, Inc. • Proprietary and Confidential

New versions

• Version 7.0 – Released July 2, 2014

• Version 7.1 – Targeted for late September release

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Reconciliation (7.0)

• Workflow parameters moved to Web client• Flexibility to associated different configurations with different accounts within

the same workflow

• Time tracking

• Account description entered on recon

• Reference field values as of the recon date are retained

• Comment tracking and suppression

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Reconciliation (7.0)

• Override for completing reconciliations

• Ability to purge workflow generated reconciliations

• New template: Balance to Detail Comparison

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Journal Entry Initiation (7.0)

• Not tied to reconciling items

• Automated import of GL accounts into active/inactive groups

• JE Structures

• Approval workflows, including conditions for auto approval

• Recurring templates

• Import of batches entered on spreadsheets

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Process Manager (7.0)

• “Snapshot” feature

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Miscellaneous (7.0)

• SmartMatch: Add a note to multiple transactions at one time

• Executive Dashboard:• Saved filters• New aging options

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Reconciliations (7.1)

• Automatic Account Assignment• Rules based• Current and/or future reconciliations

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Process Manager (7.1)

• Mobile device support

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Archive (7.1)

• Version 7.0 features supported by archive

Chesapeake System Solutions, Inc. • Proprietary and Confidential

Future Development

• SAP integration and certification• Move of admin client features• Recon “snapshot”• Recon re-certification changes• Variance Analysis dashboard• Spreadsheet import • Merge of JE features for workflow approvals• Mass update capabilities on transactions