AI Financial Close and Consolidation Software
Automate, standardize, and control the entire FP&A consolidation and close process. From multi-entity eliminations to management reporting, Trintech connects people, policy, and data in one unified platform to deliver confidence in every number.
- 62% reduction in write-offs
- 60% reduction in time to support external auditors
- 55% shorter close cycles
AI Financial Close and Consolidation Use Cases
- Matching & Exception Analysis: Trintech enables automated matching across source systems and consolidation inputs to identify breaks before they impact consolidated results. Exceptions are flagged early, allowing finance teams to resolve issues upstream and prevent downstream consolidation rework.
- Variance & Flux Analysis: Built-in variance and flux analysis helps teams explain consolidated results across entities, currencies, and reporting hierarchies. Trintech provides transparency into adjustments and movements, so changes are understood, defensible, and repeatable period over period.
- Close Progress & Bottleneck Tracking: Trintech gives real-time visibility into financial close and consolidation activities across entities and regions. Teams can quickly identify late submissions, dependency issues, and process bottlenecks that threaten consolidation timelines and address them before deadlines slip.
- Multi-Standard (GAAP, IFRS, etc.) Financial Adjustments: Trintech supports parallel books and rule-based adjustments to manage GAAP, IFRS, and local reporting requirements without duplicative effort. Teams can maintain a single source of truth while producing compliant financials across multiple standards.
- Intercompany Eliminations: Trintech automates intercompany matching and elimination processes to remove internal activity from consolidated results. This reduces manual effort, speeds up consolidation, and improves confidence in group-level financial statements.
Real Customers. Real Results.
Ferraro Foods Streamlines Reconciliations and Close Using Planful
Read Case StudySince implementing, Proshop has:
- Achieved a 4.5 day financial close
- 55% reduction in close cycle times
- 8 hours per day saved matching daily transactions
Reconciliation takes a lot of time, but it’s mostly a redundant effort. I’d say 80% of the work is just matching across thousands of transactions. So don’t do it; let Trintech take care of it. Trintech turns hours into an hour, or less. Across our team of four, Trintech saves each about two hours per day. We’re saving a day’s worth of effort every day.”
H&R Block Effectively Reconciles Over a Million Transactions Monthly
Read Case StudyBy partnering with Trintech and Workday, H&R Block has achieved:
- Accurate, automated reconciliation of over 1 million transactions monthly
- Integration with Workday allows journals to route directly back into ERP
- Streamlined management of SOX tasks for auditors
We regularly have 200,000+ transactions every month, but during our busy season we’ll ramp up to over a million credit card transactions a month. Leveraging automation has been a huge help in managing this volume.”
Bayer’s Strategic Migration to SAP S/4HANA
Read Case StudySince implementing, Bayer has:
- Standardized Global Financial Processes
- Reduced Risk in Financial Close
- Accelerated ERP Integration
- Optimized Record-to-Report (R2R) Performance
- Improved Scalability for Future Growth
One additional requirement we had was the ability to provide transparent and traceable input from non-accounting functions. We use ServiceNow for our non-accounting functions, so finding a solution that could integrate into that system was a game changer.”
See Financial Close & Consolidation Automation in Action
AI Financial Close and Consolidation: Intelligence in Every Close
Continuous consolidation support
Keep entity data up-to-date automatically — no waiting for month-end rollups.
AI-driven exception handling
Identify anomalies and reconciliation gaps before they cause close delays.
Predictive insights
Forecast close timing, workload distribution, and bottlenecks using machine learning.
Embedded compliance
Generate complete audit trails and control documentation automatically.
Featured Content— AI Financial Close and Consolidation
FAQs
How does Trintech improve consolidation accuracy?
With Trintech, automated elimination and standardization of intercompany entries reduce post-close adjustments and ensure consistency across entities.
What ERP systems does Trintech integrate with?
Trintech offers purpose-built connectors to most major ERP platforms such as Workday, SAP (ECC and S/4HANA), Oracle, Microsoft Dynamics, NetSuite, Sage, and Visma, providing bi-directional data flow for reconciliation, journal, and financial close data Additionally, Trintech offers a suite of universal application connectors than can be connected to any desired ERP or third-party system with a standard RESTful API.
How does Trintech help with audit readiness?
Trintech solutions maintain detailed audit trails and centralized documentation. Auditors can access what they need to gain full visibility into reconciliations, history, approvals, and supporting evidence. This cuts down on audit time while ensuring everything is tracked and compliant.
Can AI help with continuous accounting?
Yes. AI enables continuous accounting by performing reconciliations and transaction reviews in real-time, improving visibility throughout the accounting period.
Can Trintech scale with our organization’s growth?
Yes. Trintech solutions are cloud-based and built to scale with increasing entities, transaction volumes, and users. From middle enterprises to global corporations, Trintech supports multi-entity, multi-currency operations with reliable performance and governance.
