Additionally, the solution automates the verification and reconciliation of the companys principal disbursement account. TUI Northern Europe owns many of Europes best-known holiday brands, and provides its traveling customers in the United Kingdom, Ireland, Sweden, Norway, Denmark and Finland with world-class vacation experiences through its airlines, tour companies and travel agencies. The ReconNET solution replaces a heavily-customized third-party system that required time-consuming and labor-intensive reconciliation and research processes. ReconNET streamlines cash management processes, increases internal controls, and provides effective risk management and reporting across the companys UK, Ireland, and Nordic agencies.
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