AssureNET GL Accounting Compliance Software
Accounting Compliance Software
Trintech’s AssureNET GL automates the review, approval, and status tracking of account reconciliations, manages the accounting close process, and gives management needed visibility to ensure compliance. AssureNET GL automates the balance sheet reconciliation and tracking function, standardizing reconciliation formats via templating. Trintech clients migrate from spreadsheet-based reconciliation programs to AssureNET GL to reduce operational costs and improve internal controls.
Benefits of AssureNET GL Accounting Compliance Software
- Reduced cost and effort involved in compliance administration
- Reduced audit fees
- Complete visibility into the status of the control across the entire company, including detailed analysis by department, location or region
- Proactive identification of current and potential compliance issues
In today’s challenging economic environment, return on investment is more important than ever when making software investments. The good news is that Trintech’s balance sheet and account reconciliation solutions deliver significant and quantifiable return on investment across your financial operations. While every business is different, we have seen compelling return on investment gains when customers implement our AssureNET GL solution including:
- A major branded foods company leveraged AssureNET’s paperless, on-line environment to drive cost savings and provide the visibility and transparency needed in today’s complex and compliance-focused climate.
- A large REIT saved time on complicated reconciliations with AssureNET GL and decreased the time to perform their financial close each month.
- With AssureNET GL, a leader in hospitality and destination resorts found hard cost savings of time and expense as well as the unquantifiable metrics that are equally important, such as the quality of reviews and overall employee satisfaction.
AssureNET GL accounting compliance software automates and controls key accounting activities, including:
- General Ledger balance sheet reconciliation processes
- Trending / Variance / Balance Flux analysis
- Closing process task and activities
AssureNET GL integrates with the Unity Platform via the Financial Close application to provide a management view of account reconciliation status across your organization.
AssureNET GL, which is configurable to your business rules, is a truly self-documenting solution that streamlines business workflow while enforcing an internal control structure. AssureNET GL offers complete segregation of duties and tracks all system activity as users perform daily responsibilities, and it facilitates the creation of documents and reports needed to comply with auditing requirements such as the Sarbanes-Oxley Act.
Summary reconciliation data can be reported via the Close Status across account groups, reporting entities, completion and overdue status, sum of reconciling items and the values of account items reconciled or not reconciled, and unexplained differences.
AssureNET GL clients include some of the most recognizable names in their industries, including Accenture, Reuters, AMC Theatres, Regis Corporation, Hess Corporation and JohnsonDiversey. These are just some of organizations that have evaluated and selected AssureNET GL for general ledger reconciliation, review, and certification. In competitive evaluations, involving other vendor’s products, Trintech’s AssureNET GL is readily recognized as a superior and sophisticated offering.
For an introductory demonstration of AssureNET GL, please register for one of our weekly webinars.
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