AI Close Task Management
Orchestrate a faster, more reliable financial close cycle with a centralized close process automation solution that delivers real-time visibility in the month-end close.
- 75% shorter time to close and a smoother close
- 30% reduction in time spent preparing and completing the close
- 60% reduction in time to support external auditors
Close Task Management for Accountants & Finance Leaders
- Month-End Checklist: Streamline and centralize month-end close checklists, ensuring every task is assigned, tracked, and completed on time using close task tracking software for a faster, more accurate close.
- Operational Workflow Optimization: Orchestrate complex financial workflows across teams, automating handoffs and standardizing processes to reduce key personnel dependencies and improve efficiency, accuracy, and auditability.
- Close Readiness for Mergers & Acquisitions (M&A): Prepare for and manage the increased financial complexity of M&A activity by standardizing close tasks, maintaining compliance, and ensuring timely access to critical documentation.
- Standardize Shared Services Center (SSC) Activities & Calendars: Centralize and standardize SSC calendars, tasks, and workflows so global teams operate consistently and efficiently across entities and locations.
- Environmental, Social, and Governance (ESG) Task List: Deploy a structured workflow for managing ESG reporting tasks, ensuring data completeness, accountability, and timely preparation for evolving regulatory requirements.
Real Customers. Real Results.
The Cowboys Score an Automated Financial Close Touchdown
Read Case StudySince implementing Adra, The Dallas Cowboys have:
- 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.”
SelectQuote Gains Complete Visibility and Control into Their Reconciliation and Financial Close with Adra® by Trintech
Read Case StudySince implementing, Select Quote has:
- Streamlined workflows
- Reduced manual work
- Reconciled risk
With Adra, our Controller now has a good understanding of where we are in the close cycle or if a particular task is holding us up which has provided a lot of clarity.”
Coty Achieves Global Process Standardization and Significant FTE Savings with Trintech
Read Case Study- Process Standardization: Tasks categorized based on month-end and non-month-end for streamlined reporting and task status tracking.
- Global Calendar Alignment: Standardized task checklist timelines across the organization to improve organizational reporting.
- Cost Savings: Streamlined process for reduced manual effort that resulted in approximately 15 FTEs saved.
Streamline Your Close with Trintech Close Task Management Software
Centralized Task Lists & Checklists
Standardize all close activities in one central checklist so everyone knows what needs to be done, when, and by whom. A single source of truth replaces scattered spreadsheets and manual to-do lists, ensuring each team member understands their role without the need for time-consuming status calls or emails.
Real-Time Status Tracking & Dashboards
Get instant visibility into the progress of the financial close through real-time close task dashboards that provide continuous, real-time feedback and status updates for every task. This allows controllers and CFOs can quickly spot bottlenecks or delays that need immediate attention.
Automatic Alerts & Notifications
Stay on top of deadlines with proactive alerts that trigger notifications to the appropriate stakeholder as soon as a task is completed, or if a task is approaching or past its due date. Taking this one step further, AI can predict delays, highlights dependencies, and flags high-risk tasks. These alerts ensure nothing falls through the cracks and issues can be resolved before they impact the close timeline.
Task Dependencies & Workflow Automation
Ensure tasks are done in the proper order every time by defining dependencies between tasks, so that certain activities cannot start until their prerequisite tasks are completed. This workflow eliminates manual hand-offs and prevents steps from being skipped or done out of order.
Centralized Documentation & Audit Trail
Attach workpapers, policies, and procedure documents directly to each task and store them in organized folders, creating a clear audit trail and streamlining compliance and audits. This eliminates version control issues and scattered files.
Approvals and Controls (Built-In Compliance)
Strengthen internal controls with built-in approval workflows and role-based task assignments. Separation of duties is embedded into the task management process – assign tasks to preparers and require a secondary review or approval before closure, or require electronic sign-offs and certifications by managers to ensure that every critical step is reviewed and completed with proper oversight.
The partnership with Trintech really has been important in helping us figuring out how to adjust our processes and approaches to better work in this virtual environment.”
It has been great to standardize the reconciliation process within our companies and have a strict Quality Assurance process in place. In 3 years with Trintech, we have improved our QA pass rate from less than 10% to over 96%.”
Managers now have visibility into how our close is progressing and can get ahead of bottlenecks before they become larger roadblocks. They’re also able to set due dates, which helps our teams stay on track.”
Featured Content— AI Close Task Management
FAQs
What is Close Task Management?
Close Task Management software organizes and automates financial close activities, ensuring tasks are completed on time, with accountability and transparency. Close task management software provides a standardized process that is documented and repeatable, resulting in a more efficient close with fewer surprises, smoother onboarding, and more balanced distribution of work.
Can workflows be customized?
Yes. Workflows are fully configurable to match your organization’s structure, approval hierarchy, and reporting requirements.
Can multiple entities use the same platform?
Yes. The system supports multi-entity environments, centralizing task management across regions and subsidiaries.
Does Trintech’s close task management integrate with reconciliation and journal systems?
Yes. Trintech’s close task management connects seamlessly with reconciliation and journal entry modules, providing a unified close management experience.
How does Trintech’s close task tracking software reduce close cycle time?
Trintech’s close task tracking software reduces close cycle time by automating task dependencies and notifications, it standardizes and accelerates workflows, reducing manual follow-up and overall close duration.
What reporting capabilities are available?
Trintech’s close task management offers role-based dashboards and progress reports provide real-time insights into close status, ad hoc exceptions, and bottlenecks.
How does Trintech’s close task tracking software help auditors?
Trintech’s platform provides complete documentation, sign-offs, and time-stamped records, with supporting evidence housed in a central repository, ensuring audit readiness and transparency.
