W.M. Barr cleans up their financial close process
W.M. Barr, established in 1946, is a CPG manufacturer and antimicrobial solution provider headquartered in Memphis, TN.
Before even considering an automated solution, W.M. Barr’s accounting processes — including accounts payable (AP) workflows, payments and approvals — were completely manual. Frustrated with traditional accounting methods, W.M. Barr began searching for ways to automate their Office of Finance.
W.M. Barr purchased ReconNET™ by Trintech and began to automate their journal entries, reconciliation process and analysis. W.M. Barr now uses ReconNET for almost all AP analysis and data reporting. ReconNET helped W.M. Barr discover $3 million of freight savings.