The XLNET Advantage

Automating the Spreadsheet Compliance Lifecycle

XLNET helps organizations automate internal controls over critical spreadsheets by improving compliance, visibility, and confidence in all phases of the spreadsheet lifecycle, from discovery to inventory, risk assessment, remediation, control and workflow automation.

Making Compliance Easy for End-Users

With XLNET, finance and accounting end-users can continue to work in their native environment with the assurance that the right controls are in place to help sustain compliance on an ongoing basis. A secure, web-based repository ensures that all critical spreadsheets and supporting documentation are managed in a controlled environment, and that critical financial data is managed with the highest level of file integrity throughout its lifecycle.

Satisfying Auditor Guidance

XLNET supports all key controls recommended by leading tax and audit firms, including access control, version control, change control, analytics, back-up and archival, segregation of duties, roles and responsibilities, and more.

Better Visibility, Increased Confidence

With XLNET, internal auditors and executives will have better visibility into spreadsheet compliance efforts across the organization, and increased confidence in the financial data created by end-users. If you’re ready to make your organization’s critical spreadsheets a trusted source of information for financial reporting, contact a Trintech representative today for your personalized demonstration!

"In a recent survey of 685 senior financial executives, IDC found that 92% of public companies still rely on spreadsheets to support key financial processes. As such, senior executives and auditors should be wary of uncontrolled financial spreadsheets as they are error prone and lack important IT controls such as audit trails, version control, security, data integrity checking, access control, and overall analytics," said David Cox, Group Vice President, Banking Practices for IDC-Financial Insights Research. "The Trintech - Prodiance partnership represents an important step toward helping organizations tighten internal controls over critical financial spreadsheets to improve compliance while automating spreadsheet testing, review and approval processes."