Posts By: Bailly C.

Explore the latest industry leading trends, topics, and best practices from the experts at Trintech

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July 1, 2013
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The Perfect Reconciliation Audit in 4 Easy Steps – Accounting Best Practices

With a perfect reconciliation audit you have the tools and safety net to stay compliant with even the strictest accounting regulation. The International Financial Reporting Standards are converging on the toughest regulatory act: the American Sarbanes-Oxley (SOX) Act of 2002. SOX, requires a company to have internal control mechanisms in place to catch any potential...

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February 25, 2013
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Wonderful (but Dangerous): Excel Spreadsheet Reconciliations

We all love Excel, especially in Financial Departments. Spreadsheets may seem flexible in tracking your accounts data and completing your month-end close process. – But do you really know the damage and cost Excel can cause in the month-end close process, to you and your team?

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December 10, 2012
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Getting What You Paid for – Reconciling Supplier Invoices

One of the main stresses a financial team will face comes from reconciling supplier invoices with purchase orders, delivery notes and actual inventory. Huge volumes of invoices pour in every month and each vendor or supplier usually wants paying immediately! Supplier reconciliation is, however, a rather important process which ensures your business gets what it...

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