- Efficiency and Effectiveness: Accuracy and timeliness of information is very vital to effective decision-making process. CLIREC provides a means of achieving both efficiency in and effectiveness of account reconciliation process.
- Investigations: In as much as reconcilable accounts are involved, CLIREC assist management in digging deep into previous reconciliation exercise.
- Data and Reports Integrity: CLIREC assists in ensuring the integrity and completeness of data used in reconciliation exercises as well as the confidentiality of results of reconciliation. this is because reconciliation reports produced by the system are based on the reconciliation process and the results are taken out of the hands of the user.
- Manpower Development: As is becoming of any computerized process, the use of CLIREC ensures low personnel requirement for account reconciliation exercise as the process now becomes less manual intensive and as much as twelve times faster than manual situations.