- The global account reconciliation software market is projected to grow at a CAGR of more than 8.5 percent through 2025
- Xalles Holdings offers financial reconciliation and payment auditing solutions
- The company operates a Fintech Accelerator Program, positioning it as a direct provider to enterprise and government institutions
Now that cash is no longer king, reconciling financial transactions has become even trickier. Yet, in many organizations, reconciling payments and other accounting entries is still done the old-fashioned way – manually – which means spending excessive time on transactions that have no problems. According to a survey by Ernst & Young, the typical accounting department spends up to 59 percent of its time managing transaction-intensive processes, with an estimated 95 percent of this effort wasted on transactions that already match (http://ccw.fm/K6Zay). Manual reconciliation is an inefficient and cost-demanding process and presents a drain on resources, which can be stemmed by reconciliation software such as that provided by Xalles Holdings Inc. (OTC: XALL). The fintech holding company is targeting this global account-reconciliation software market, which is projected to grow at a CAGR of more than 8.5 percent through 2025.
Xalles Holdings is a business development company focused on the payment industry and financial technology. The company provides payment solutions, including financial-transaction reconciliation software, and consulting services to government and business organizations. Xalles also operates a Fintech Accelerator Program under which it acquires and operates fintech businesses. The company has created a financial, technological and…
NOTE TO INVESTORS: The latest news and updates relating to XALL are available in the company’s newsroom at http://ccw.fm/XALL
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)
CryptoCurrencyNewsWire is where News, content and information converge via Crypto.
For more information, please visit https://www.CryptoCurrencyWire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com