We’re excited to introduce a new feature in Tigg that simplifies the process of generating balance confirmation letters.
A balance confirmation letter is a formal document typically used by businesses to verify the balance of accounts held by a customer or supplier at a specific date. This letter is usually sent out to external parties such as customers or suppliers as part of an audit or end-of-year financial processes.
Tigg’s balance confirmation letter generation feature allows users to create highly customized letters for customers and suppliers by using Custom Tags. These tags are placeholders that automatically populate with the relevant information based on the organization, customer, or supplier details, as well as transaction data within a specified date range.
With just a few clicks, you can now generate balance confirmation letters directly within Tigg. Here’s how it works:
This ensures that you can quickly confirm balances and maintain smooth communication with your business partners, improving trust and efficiency.
Try out this new feature today and streamline your financial management!
For detailed documentation, visit this help article.