Ruter AS Reduces the Cost and Time to Close with Adra by Trintech
GAINING GREATER VISIBILITY AND CONTROL TO CLOSE WITH CONFIDENCE Ruter AS struggled with a very manual and inconsistent approach when it came to their financial close process with no way to track the status of reconciliations. Since implementing Adra, Ruter AS has gained real-time visibility across their financial close process…
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…
Genesco steps into an automated financial reconciliation process Genesco is a national-based, specialty footwear retailer with 1,480 locations throughout the U.S., Canada, and the UK. In early 2017, Genesco created Nashville Shoe Warehouse to sell merchandise online. Before Trintech, Genesco’s MarketPlace, an application used to facilitate online transactions, consisted of…
T-Recs: Archived Grouped Recon View
T-Recs customers migrating to 9.1 can now leverage automated data migration ensuring all data is migrated securely and accurately. The Archived Group Reconciliation view gives quick access to archived data enabling review to ensure accuracy and audit purposes.
How Automation Can Solve Your Reconciliation Challenges
According to The Hackett Group, accountants and financial personnel spend 65% of their time on manual, low-value processes. These processes include reconciliations, meaning accountants are likely to be focusing the bulk of their time on repetitive tasks as they complete the period-end close. The challenges that come from spreadsheets and…
Cadency Grouped Reconciliations for Match Accounts
With the recent release of Cadency 9.1, users now have the ability to group reconciliations within Cadency Reconciliation Certify for their Match Accounts. These updates will decrease the number of accounts needing manual reconciliation and similar accounts can be mapped to a singular group and reconciled once.
Certification Match Accounts Usability: XML Import & Increased Mappings
XML Import and Update of Match Accounts Touchless administrative capabilities are critical to the efficiency gains available in Cadency and now those capabilities are available for Cadency Match (high-volume transactions) accounts. Administrators are now able to automate the importing or updating of Match accounts through a new XML load. This greatly reduces…
Dynamic Account Maintenance Enhancements for Cadency
With Cadency 9.1, Cadency Match (transaction matching) and Reconciliation Certify (balance sheet reconciliations) further extend automation capabilities by leveraging leading technologies, such as Risk Intelligent RPA (RI RPA), to allow customers to reduce the number of accounts needing manual reconciliation, reduce the manual workload for end users and administrators and…
Cadency Match Usability – Balance Control
Balance Control Cadency Match's “balance control” feature allows users to quickly adjust period-end balances to accommodate manual changes needed based on their evolving business needs. With Cadency 9.1, “balance control” now leverages our new global sidebar navigation and standardized grid functionality seen throughout the application.
Cadency Match Usability – Supplemental Fields
Quickly Access, Search and Edit Data with Supplemental Fields With many organizations needing to share additional and timely information pertinent to their transaction matching process, supplemental fields within Cadency Match allow customers to add additional information that users need to verify reconciliations to ensure proper reporting and audits while reducing the need to…