Stay in Control of Your Financial Close
Month-end close shouldn’t mean chasing data or reacting to last-minute issues.
Trintech Adra brings reconciliations, transaction matching, and close task management into one place – giving your team the visibility to stay on track and close with confidence.
The result: a faster close and more time spent on analysis instead of admin.
Adra by Trintech
Adra by Trintech ensures you can automate the financial close process directly from your existing systems. Intelligent insights allow you to close faster and with greater confidence. From multi-way transaction matching and workflow management to balance sheet reconciliations, Adra offers a solution to your greatest financial close challenges.
Automated multi-way transaction matching with Adra Matcher lets your accounting team focus on handling only the exceptions.
Match transactions with bank statements, credit card statements, point of sale, merchant, third-party delivery services, and other external sources in a fraction of the time that manual processes take. Adra Matcher can read your data in its raw form, eliminating time spent cleaning up the information in your spreadsheets. With automated multi-way matching capability (3-way, 4-way, etc.), users can quickly set up match scenarios and deploy intelligent rules to automatically review one-to-one, one-to-many, many-to-one, and many-to-many matches. With our sophisticated matching engine, you’ll end up with fewer transactions to investigate so your finance teams can focus on researching and documenting the exceptions to fix unresolved matches more quickly.
“We have saved 50-70% on time spent on reconciliations each month. Thanks to Adra, we are finished with our reconciliations by the 10th of each month. I find it hard to imagine that there are still companies that do not reconcile automatically. We could never manage it!”
– Head of Funds Management, Marginalen Bank
Matched transactions seamlessly integrate into balance sheet reconciliations through Adra Balancer.
Take the repetition out of your balance sheet reconciliation process for a financial close that’s fast, accurate, and easy to manage. Streamlining repetitive tasks doesn’t just save time, it gives you time to concentrate on your most important accounts. Automatically reconcile accounts based on customizable variance thresholds and centralize data into one platform to increase visibility into your workflows and provide the data your finance teams need to improve them.
“Before Adra, we used Excel and it took approximately 40 hours per month to reconcile our accounts. Now it takes 20-25 hours – Reducing our reconciliation time by 50%!”
– Binswager Glass
Adra Task Manager provides centralized checklists and documents for visibility and control of the entire financial close process.
From checklists and task libraries to status updates, Adra Task Manager is your one-stop shop to manage month-end processes. Checklists ensure everyone on the accounting and finance team understands their role, increasing morale and avoiding needless confusion without the need for time-consuming calls or meetings. Built-in separation of duties and stronger internal controls mean you can assign work with confidence, reassigning as needed to avoid gaps and bottlenecks.
“In the past, we used to have staff meetings on a daily basis to track the close progress. Now it is just clicking on the dashboard t see the percentage of completion so that you can start following up with your teams and asking about potential delays. It is such a positive experience.”
– Senior Managing Director & Head of BPO Operations, Auxis
Tailored reports and dashboards highlight successes as well as opportunities for improvement in Adra Analytics
Narrow in on the details you need or zoom out to view the bigger picture of your month-end and its impact on your company’s financials. Track every activity throughout one period or over several periods. View close tasks, reconciliations, and information pertaining to your close in the tool of your choice with pre-configured and customizable reports in tools such as Power BI, Excel, or Tableau.
“Being able to generate strategic insights with agility was a key focus for us when we decided to implement the Adra Suite. It’s all about intelligence – ‘How can I turn data into intelligence?’ The value of the Adra Suite has been critical to our organization.”
– CFO, Dallas Cowboys
Adra Journal Entry drives efficiency with journal entry creation, posting and reporting
Save time by removing the tedium of manually managing hundreds of journals each month with Adra Journal Entry. Standardize and centralize journal entries for a close that’s faster with fewer risk of errors. With seamless two-way communication between Adra and any ERP, you can post or export journals without disrupting your current workflow. Achieve a shorter close, deeper insights into your data, and a smoother audit process by storing everything in a single source of truth.
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"Trintech’s Adra Suite provides visibility into bottlenecks, helping us improve our processes, and ensures that all of our tasks are completed so that nothing is falling through the cracks. Additionally, the solution integrates with our ERP to auto feed data into our Trintech instance and is readily available to our auditors, eliminating the need for our team to spend time manually compiling data for them."
"We use the Trintech’s Adra Suite as soon as we start our closing process. We have day-to-day updates of balances, and that gives a more uniform reconciliation because we also have controllers to look at the assignments. Once they have approved a task, you can focus on the next one. It creates calm and gives a good flow."
"I loved the fact that I can see the whole picture, and that I can filter to see who has what as well as the real-time statuses of accounts. Reconciliations are completed much more quickly than ever before; we recently completed all of our previous month’s reconciliations in six days, which was previously unheard of for us."
Adra Integrations: Powerful Together
While Adra’s solutions are system, source, and file-agnostic, their ability to operate in tandem with your preferred ERP is truly powerful. Adra integrates with many different ERPs globally and with our flexible integration points, there is no need to reformat the data from your ERP.
Too often, while compensating for the gap in the ERP’s capabilities, a large amount of data and tasks are taken outside of the system and managed manually. Maximize your NetSuite investment with Trintech’s pre-built NetSuite Connector for Adra.
With the breadth of solutions solved by Dynamics, there is an opportunity for improvement in financial close visibility, control, and efficiency. Maximize your Microsoft investment, with the first and only financial close solution embedded in Microsoft 365.
Thousands of Customers Trust Trintech Worldwide
Adra by Trintech delivers proven ROI by empowering you to make data-driven decisions to facilitate business growth and reduce risk. Read the success stories below to learn how our customers reached their business objectives and improved their month-end close.
Real Results. Real Impact.
The Dallas Cowboys Score an Automated Financial Close Touchdown
Highlights
- Reconciled more efficiently and accurately
- Improved team moral and productivity
- Gained full control and visibility
Having Adra in place has taken a load off my team’s plate that used to be spent tracking what journal entries and reconciliations have been completed.
Read Case StudyBrunch with Benefits: How Ruby Slipper Café Trimmed Days Off Close with Trintech
Highlights
- 3–4 Days Faster Close: Cut financial close timeline from day 10–11 to day 5–7
- 100% In-House Reconciliations: Eliminated third-party costs by automating A/R, gift card, and corporate card reconciliations.
- Streamlined Workflows: Shifted tasks from CFO to staff level, freeing leadership for strategic work.
Prior to Trintech, we kept everything in Excel, and it took us 11 business days to close the books. Having Trintech enabled us to trim our close down by 3-4 days.
Read Case StudyRE/MAX Achieves Greater Standardization and Visibility Across Its Financial Close Process
Highlights
- 700 Accounts Loaded into Adra Monthly: Processes are now standardized and management has full insight into all accounts, providing confidence in the integrity of the numbers
- 450 Accounts Reconciled Quarterly (vs. Monthly): Faster month-end close by redistributing effort across the fiscal year
- Auto-Reconciliation Rule for Accounts <$1000: Low-value accounts are auto-reconciled, and decision fatigue is reduced with regards to new accounts
The true benefit we have seen since implementing Trintech is really around consistency in how everyone is reconciling accounts and gaining that real-time visibility into the status of those accounts. Trintech helps ensure that our work is accurate and in turn reduces the risk that we previously had with a highly manual process.
Read the Case Study