Treasury software.

• Position: Chesapeake System Solutions Inc. - Column

Chesapeake System Solutions Inc.®, a provider of integrated software solutions designed to simplify the complexities of financial and treasury man- agement operations, has brought out a powerful all-in-one application that helps organizations comply with the Sarbanes-Oxley Act of 2002 and other corporate financial governance standards.

T-Recs® Enterprise, which stands for Total Reconciliation Solution, integrates all the functionality required to automate either a review-and-approval system or a matching process and can reconcile cash and non-cash accounts.

T-Recs Enterprise, which operates in a platform-independent environment, can handle daily transaction volumes ranging from the thousands to the tens of millions. The application offers "unparalleled scalability and configurability, allowing firms to implement exception management and resolution procedures that align with their corporate structures rather than transition to strict, software-prescribed roles," Chesapeake said in announcement.

T-Recs Enterprise can generate reconciliations automatically based on fiscal calendar(s) and alert company-identified roles when reconciliations are ready to be reviewed, approved or are...