OneSumX CECL introduces firms preparing for CECL with a solution that collates, standardizes, and enriches data with the additional measures mandated by the new accounting model’s standards.
The solution has the technical and functional scalability to move firms from a tactical to more strategic approach to manage CECL compliance. Firms receive an integrated and fully auditable system that helps reduce month-end costs. The solution also automates classification through flexible business rules and provides an end-to-end view of the CECL process.
The solution has the technical and functional scalability to move firms from a tactical to more strategic approach to manage CECL compliance. Firms receive an integrated and fully auditable system that helps reduce month-end costs. The solution also automates classification through flexible business rules and provides an end-to-end view of the CECL process.