Case Study: Welders Supply & Gases streamlines bank reconciliation with Cashbook

Welders Supply & Gases cuts month-end reconciliation to less than half a day with Cashbook

Welders Supply & Gases, a welding supply store in Louisville, KY, faced a significant challenge reconciling its bank statements due to the high volume and complexity of transactions generated by its specialist TIMS ERP software. This manual process was extremely time-consuming for their accounting department. They implemented a solution from vendor Cashbook to automate this task.

Cashbook provided a bank reconciliation solution specifically developed for TIMS users. Using custom matching rules, their software automatically matches over 90% of bank transactions and 75% of General Ledger entries. This reduced the monthly reconciliation process from two days to less than half a day, delivering a fantastic return on investment and freeing up staff for more important projects.

Welders Supply & Gases