Case Study: Denny Oil reduces bank reconciliation time with FACTOR

Denny Oil - Customer Case Study

Denny Oil, a Texas petroleum distributor based in Nacogdoches, needed a better way to manage bank reconciliation. The company wanted to reduce the time spent reconciling bank statements, improve productivity, and increase accuracy while lowering operating costs.

Using FACTOR’s Bank Reconciliation module, Denny Oil automated its month-end reconciliation process and received immediate alerts for inconsistencies between company and bank records. FACTOR helped reduce reconciliation time from 3 days to 15 minutes, eliminated worry about unauthorized account activity, and increased confidence in the accuracy of its data.

Denny Oil

Patricia Jones

Controller