It’s no secret that manual methods mean more time. With 45% of finance leaders reporting that manual processes slow them down, it’s clear that not only are these outdated methods creating blind spots in their operations, but they’re also making it harder for teams to scale efficiently. Growth targets are climbing up and higher, and like free solo climber Alex Honnold, there is NO safety net if you fall or fall behind (terrifying).
Top-performing teams understand that staying ahead means adopting strategic solutions that scale seamlessly, without burdening their teams or eroding profits. While some risk is inevitable, scaling too fast can cause use critical details to slip through the cracks, even if only briefly. How do the best teams cement those cracks and build a strong foundation? The best teams aren’t relying on spreadsheets. They’re using automation.
- Integrating disparate systems
- Real-time visibility to mitigate risk
- Auditable processes to ensure compliance
- On-demand pay solutions to improve employee retention and satisfaction
- Streamlining operations
And that’s just a few of the perks. While the potential of falling behind is terrifying, we’re here to help ease that fear. Our very own Shelley Taylor, Sr. Business Development Executive, describes the automation atmosphere and what she’s hearing directly from clients:
“Errors from manual work aren’t just a back-office problem. When payroll is off, employee morale takes a hit, and that shows up in the guest experience. When reconciliation misses something and guests are overcharged, trust erodes fast, and it’s hard to win back. These are the issues I hear about from clients every day. Evention doesn’t just flag errors. We give teams the visibility to fix problems early, prevent over charges, and make sure employees are paid accurately from the start."
Solutions like, T+G with DailyPay, which Evention now supports and enables same day pay out, yay, and Total Recon, these demonstrate how automation transforms not just efficiency, but employee experience too. Daily finance tasks no longer seem so daunting with the right tools by your side. Here's how the best of the best are doing it, and how your team can avoid the hidden risks of staying manual while scaling.
Automatically Reconcile Transactions to Eliminate Manual Bottlenecks
“99% auto-match accuracy and 75% error reduction…”
Top finance teams are moving beyond Excel, and for good reason. Whether you’re reconciling at the batch level, the detail level, or using partial automation, discrepancies often slip through, leading to costly write-offs. If you’re unsure of the level of automation you may need (and trust us, you need it) take our automation quiz to see what you’re ready for.
Manual reconciliation isn’t just time-consuming; it introduces costly data discrepancies, slows down operations, and limits a finance team’s ability to scale. That’s why automation is quickly becoming the go-to strategy. By reducing reconciliation time by up to 92%, automation empowers finance teams to grow efficiently while staying agile and compliant.
With Total Recon’s 99% auto-match accuracy and 75% error reduction, teams no longer need to spend hours manually checking figures. Instead, they can scale their operations with confidence.
Integrating Systems for Real-Time Financial Visibility
Multi-step reconciliation occurs when financial data from multiple systems, like POS, PMS, payroll, and payment processors, needs to be cross-referenced to ensure accuracy and integrity. The manual approach bogs down your back-office team with hours of work, creating unnecessary exposure to expensive errors.
That’s why leading businesses are turning to financial reconciliation tools that integrate all financial data into a single, unified platform. Instead of juggling disconnected systems, finance teams get a comprehensive, real-time view of performance across all platforms. Data securely integrates between systems, eliminating the need for multiple reports and reducing the risk of scattered financial information.. Talk about easy task management for hotel accounting. This enables smarter decisions, faster closes, and easier audits
Standardizing Reconciliation Processes Across Locations
Leading hospitality brands are implementing centralized financial reconciliation tools that consolidate financial data across properties for automation and single shared service center (SSC). This approach standardizes processes, eliminates silos, and gives finance teams and executives real-time visibility into every transaction, no matter how granular.
By unifying reconciliation workflows across locations, teams spend less time onboarding new staff, reduce human error, and ensure every transaction is accurately reconciled across the portfolio.
The result?
- Faster closes
- stronger compliance
- the ability to grow without growing headcount
Visibility. Automation. Control. The Finance Stack That Scales
Automation, integration, and standardization are essential for scaling financial operations. These strategies minimize errors, improve visibility, and optimize labor costs. Leading hotels and restaurants are already adopting these practices, so why wait? To scale effectively, you need the best reconciliation software that can keep up
Evention’s Total Recon addresses the critical need for automation with real-time financial visibility and seamless integration across systems. Without it, manual processes lead to costly errors and compliance risks that only grow as transactions increase.
As a SOC2-certified solution, Total Recon allows your team to focus on critical exceptions, eliminating bottlenecks and ensuring audit readiness, so you can scale with confidence and protect your bottom line.
Ready to go deeper? Start with our complete guide to restaurants finance management solutions or Automated Hotel Accounting Software for Smarter Revenue Control.
