Case Study: Parlem Telecom automates finance and bank reconciliation with Embat

Parlem Telecom automates 100% of bank reconciliation with Embat

Parlem Telecom, a Catalan telecommunications provider, faced significant challenges in automating its finance team and optimizing its accounting and bank reconciliation processes. Managing a high volume of transactions across multiple banks and financial products created a heavy operational burden. They required a solution that could integrate seamlessly with their Oracle NetSuite ERP, leading them to partner with the vendor Embat.

Embat implemented its platform to automate accounting and bank reconciliation, integrating it directly with Oracle NetSuite. The results were highly successful, including 100% automated bank reconciliation and 85% of accounting entries being automated. This eliminated errors, accelerated the month-end close, and allowed Parlem to efficiently manage over 18 banks and 55 financial products, greatly improving operational efficiency and cash flow visibility.

Parlem Telecom