Evention
- 3 profiles
- 2 categories
All Products & Services
Evention LLC, based in Chicago, IL, is a leading edge software company focused on automating back-office processes. Evention takes pride in reinventing legacy manual processes with modern automation. Evention has automated gratuity payroll, cash management, group billing, and credit card reconciliation in various verticals, including retail, hospitality, grocery, casino, convenience store, theatre, and others.
Evention works with some of the worlds most recognized brands. From hospitality to retail, their solutions have been automating and simplifying accounting processes for nearly 20 years. Their cloud-based solutions continue to evolve and grow to meet the continually changing needs of their clients and of the world. The Evention ecosystem of solutions creates solutions on both a macro and micro level, making real-time information sharing more possible than ever.
Evention's Total Recon Cash Reconciliation is an automated solution designed to streamline and enhance the accuracy of cash management processes for businesses, particularly in the hospitality and retail sectors. By integrating with existing systems, Total Recon provides transaction-level visibility, enabling organizations to quickly identify and resolve discrepancies, thereby safeguarding revenue and improving operational efficiency. Key Features and Functionality: - Automated Cash Reconciliation: Eliminates the need for manual cash recounts by automatically matching cash transactions to tenders posted in the point-of-sale (POS) or property management systems (PMS), and recording balanced results in the general ledger. - Transaction-Level Visibility: Offers detailed insights into cash activities at both the cashier and register levels, allowing for swift identification and resolution of discrepancies. - Integration with Existing Systems: Seamlessly connects with over 60 devices and applications, including POS, PMS, payment processors, payroll systems, and cash equipment, ensuring a unified and efficient reconciliation process. - Standardized Processes and Audit Logs: Enforces consistent cash handling procedures across all locations, maintaining dual controls and comprehensive audit logs to enhance security and compliance. - Web-Based Reporting: Provides accessible, flexible reports with customizable date ranges, offering deeper insights into cash operations and facilitating cost optimization. Primary Value and Solutions Provided: Total Recon Cash Reconciliation addresses the challenges associated with manual cash management by automating the reconciliation process, thereby reducing human error and the risk of theft or fraud. It saves valuable time for finance teams by streamlining operations, allowing them to focus on strategic financial decisions rather than repetitive tasks. The solution also ensures compliance and enhances accountability through detailed reporting and standardized procedures, ultimately leading to a more efficient and secure cash management system.
Evention Reviews
About
What is Evention?
Evention works with some of the world’s most recognized brands. From hospitality to retail, our solutions have been automating and simplifying accounting processes for nearly 20 years. Our cloud-based solutions continue to evolve and grow to meet the continually changing needs of our clients and of the world. The Evention ecosystem of solutions creates solutions on both a macro and micro level, making real-time information sharing more possible than ever. Tips + Gratuities eliminates long hours of inputting and verifying data from multiple sources by seamlessly integrating your hotel systems, and automatically calculating and allocating service charges and gratuities.