Trintech for Retail & eCommerce
For retailers, large volumes of transactions make it nearly impossible for finance and accounting teams to manage manually. Combine this with changing payment trends and higher expectations for business insights, and it’s clear that your finance office needs an AI-powered upgrade.
Effectively Manage High-Volume Reconciliations Using AI-Powered Solutions
Leading retailers know that they must adapt and modernize their financial close process to effectively close the books and keep up with the fast-paced, evolving world. Inefficient processes and inconsistencies can cause errors in data that lead to major losses, especially when dealing with a high volume of transactions, inventory, vendors, and employee payroll.
With Trintech, you can customize your reconciliation and close process to meet the unique accounting requirements of your business, including the ability to run automated, high-volume multi-way matching and balance sheet reconciliations daily. Trintech’s reporting capabilities can also ensure compliance with reporting standards and regulations, giving you confidence in your numbers.
Real Results from our Retail Customers…
Retail Financial Close Automation Use Cases
Retail Point of Sale (POS)
Reconcile all POS sales, tenders, returns, and taxes to the general ledger daily, so store-level performance and positions are accurate every day.
Credit Card Authorization & Batch Settlement
Match card authorizations to settlement batches, processor reports, and bank deposits, and confirm all fees or chargebacks are fully understood.
E-Commerce Payment Gateway Reconciliation (Stripe, PayPal, Klarna)
Reconcile e-commerce orders to gateway transactions, payouts, and bank deposits to ensure online sales, refunds, and fees are accurately recorded across digital channels.
Store-Level Daily Sales Close Automation
Standardize and automate store closing processes by reconciling daily sales reports and tenders to expected deposits and journal entries, providing near real-time P&L visibility.
Promotional Allowances, Accruals, & Discounts Journal Entry Automation
Automatically calculate and post journal entries for promotions, markdowns, vendor allowances, and related accruals so margin impact is accurately reflected, and promotional activity is audit ready.
Reimagine Your Close with Retail Accounting Automation Software
Automated Reconciliation for High-Volume Transactions
Discrepancies between the transactions recorded in the POS, merchant files, bank statements, and ledgers can create confusion and slow down the close. Gift cards, eCommerce, third party services, and more add even more complexity in retail. For high-volume transactions, AI transaction matching improves efficiency while reducing time spent reconciling.
Focus On Exceptions, Not Matching
Trintech’s AI reconciles thousands or even millions of transactions within defined thresholds, variances and tolerances set by users, so your team can focus on complicated exceptions, not mundane matching. Run your reconciliations daily, so you’re caught up before month end and reduce write-offs that take away from the bottom line.
Full Audit Trail to Ensure Compliance for eCommerce
E-commerce retailers that sell through third-party platforms need to meticulously track transactions to properly reconcile different sales taxes, 1099-Ks, returns, and chargebacks and to record revenue overall. Trintech delivers comprehensive workflow management that offers highly visible workflows and a complete audit trail.
Timely and Accurate Reporting
Trintech enables greater confidence in reporting financial status with features like intuitive dashboards, configurable templates, and automated data consolidation. This provides better visibility into cash flow, inventory management, and other key financial data, ensuring accurate numbers that are always up to date.
“A major focus area for us is line-item matching, especially because we have a high volume of e-commerce accounts to reconcile. By increasing automation in this area, we can significantly reduce manual workloads for accountants across the globe and allow them to focus on higher-value activities.”
Global Process Owner of Record to Report
“Reporting is a big plus for us. We’ve created numerous customer reports with the data now available and can share them quickly with our stores, district managers, and loss-prevention personnel. Management enjoys and has grown to depend on the information.”
Director Retail Sales and Cash Audit
Real Results. Real Impact.
How Abercrombie & Fitch Scaled to 150M+ Transactions a Year Without Adding Headcount
Highlights
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Automates 150M+ transactions annually
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Streamlined 200+ accounts and 800 transaction types (Apple Pay, Klarna, PayPal, etc.)
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Maintained growth with same headcount since 2005
With Trintech, I can tell you exactly which transaction wasn’t settled and why. This allows us to troubleshoot and mitigate our losses time and time again.
Read Case StudyRaceTrac Fuels Reconciliation Efficiency and Visibility with Trintech & Workday
Highlights
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100% of accounts reconciled daily with real-time visibility across 585+ locations in 11 states
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Eliminated manual, paper-based reconciliations, surfacing issues before month-end close
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Faster, simpler audits with direct auditor access and full historical data—even through ERP migration
Leaders now have a clear, holistic view of reconciling items, significantly improving our understanding of potential P&L impacts.
Read Case StudyRetail Reconciliation Reinvented: Marks & Spencer’s Journey to Scalable, Store-Level Automation
Highlights
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20,000+ transactions reconciled weekly across 1,500+ global stores
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Store-level reconciliation accelerates exception resolution and prevents lost interest
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Significant cost savings from automated, scalable reconciliation and faster reporting
We are more in control of the information and payments from the bank. Timely reporting enables checking of banks credits, which means late credits are acted upon and we don’t lose out on interest. These factors have translated into significant cost-savings for M&S.
Read Case StudyHear From Our Retail Customers
From 2 Days to 6 Hours: How Five Below Reduced Credit Card Reconciliation Time by Up to 75%
How Northern Tool Got Their "Cleanest Books In Years" with Trintech
Adidas: Scaling Global Finance with Trintech Automation
Kroger Creates Efficiencies & Finds a Strong Partnership with Trintech
Trintech and Your ERP
Trintech offers certified, direct ERP connectors for providers such as Workday, SAP, Oracle and Microsoft Dynamics, so ERP integration is faster, easier and more secure.
Featured Content — Retail Accounting Automation
Frequently Asked Questions
What challenges does Trintech solve for retail finance teams?
Retailers face high transaction volumes across multiple channels — stores, e-commerce, and third-party delivery platforms. Trintech eliminates manual reconciliation bottlenecks by automating over 90% of daily, monthly, and periodic reconciliations, ensuring accuracy, speed, and audit readiness. This reduces fraud risk, improves cash visibility, and frees finance teams to focus on strategic decisions.
How does Trintech’s retail transaction matching software handle millions of transactions?
Trintech’s AI matching engine supports 1:1, 1:many, and many:many matching across POS, gateways, processors, and banks, achieving 99%+ auto-match rates.
How does Trintech support retail eCommerce accounting solutions?
Trintech automates reconciliation of Stripe, PayPal, Klarna, and other gateways by matching orders, payouts, refunds, fees, and chargebacks to bank and ERP data.
Can Trintech support global, multi-entity retail organizations?
Trintech’s platforms are designed for multi-entity and multi-currency environments, consolidating reconciliations across geographies into one auditable view. This enables standardized close processes worldwide while supporting regional tax rules, POS integrations, and localized compliance requirements.
How does retail accounting automation software reduce exceptions and write-offs?
By reconciling transactions daily and prioritizing only high-risk exceptions, Trintech helps retailers resolve issues early and significantly reduce write-offs.