Posts Categorized: Account Reconciliation

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January 31, 2018
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Customer Insights: Heartland Financial’s March ‘Matchness’

Have a matching project in your future? Make it a game! Take a look at how one Trintech customer turned the process of creating match rules into a friendly competition, and give it a try at your company next month!   Andrew (AJ) Cogan works for Heartland Financial, a bank holding company, in Dubuque, Iowa...

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January 12, 2018
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Taking Your Financial Close to World-Class

Despite the digital age we all live in, it is not uncommon for even enterprise-class organizations to rely on spreadsheets, emails and phone calls to manually manage tasks critical to the Close. Still, we all know that this approach is not a strategic, beneficial, growth-oriented, or long-term solution. Do you want your highly skilled people...

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December 22, 2017
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Top Record to Report Trends of 2018: Trend #2 – Bottlenecks Will Be Shattered

According to a study by The Hackett Group, manual activities are, somewhat predictably, the largest bottleneck and area of concern in the close process. What might be more surprising is that, for top performing companies, the management of intercompany reconciliations is just as big a concern. As you can see to the right, both top...

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October 17, 2017
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How to Automate Reconciliation to Create a Strong Financial Close Process Foundation

Reconciliations – they’re crucial to your financial close process, but extremely tedious when done manually by members of your office of finance. They can take hours and even days to process, and that doesn’t even account (pun intended!) for any potential errors that can crop up and cost you even more time – or potential...

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