Customers apply to the Bank to provide information about the current loan debt under their contracts, and the Bank also needs to submit information to the court to recover overdue debts from customers. This requires 100% accuracy of the information sent by the Bank as soon as possible.
Requests are received frequently, and you have to allocate time for individual employees to perform reconciliation.
There is a lot of manual work, there are delays in providing data and errors when reconciling / correcting data in the Automated Banking System (ABS).