The Solution
BCM automates the manual and repetitive tasks of entering bank statements and matching receipts and payments. BCM is a tool to process electronic bank statements into JD Edwards. After uploading the bank statements into JD Edwards, the automatic matching process will create the corresponding receipts and payments. It also generates G/L entries. Once the match has been completed, the statements can be processed. This will update your financial modules and create entries into the general ledger tables. By using this tool, the efficiency will increase and there will be fewer errors.
