English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 14 July 2021, 16:00 HKT/SGT

Source: Trintech, Inc.
Mid-Market Organizations Gain Robust Multi-Way Matching Capabilities with Adra(R) by Trintech
Trintech Announces Robust Transaction Matching Feature in a Solution Built and Priced Specifically for Mid-Market Businesses

DALLAS, TX / ACCESSWIRE, July 14, 2021 - (ACN Newswire) - Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced a new automated multi-way transaction matching feature in its Adra Suite to help mid-market organizations save time and reduce risk in the transaction matching process. With this new automated multi-way matching feature, customers can set up match scenarios and deploy intelligent rules to automatically review one-to-one, one-to-many, many-to-one, and many-to-many matches.

"As companies continue to grow, expand and adapt, specifically companies in the eCommerce and restaurant industries, they begin to realize that a manual multi-way matching process cannot effectively scale to handle reconciling new sources and higher volumes of data," said Darren Heffernan, President, Mid-Market at Trintech. "With our robust matching engine that is not typically found in a solution designed and priced for the mid-market, matching can happen daily, so transactions don't accumulate at month-end when you need time for higher-value tasks like analysis and reporting."

With Adra, matching transactions with bank statements, credit card statements, point of sale, merchant, 3rd party delivery services, and other external sources happen in a fraction of the time that manual spreadsheet or paper-based processes take, allowing F&A teams more time to spend on unmatched transaction exceptions - improving the accuracy and reliability of your close.

"The time savings isn't just during the close process, we also see it from a day-to-day perspective," said Shelly Traylor, Sr. Treasury Analyst at Torchy's Tacos. "We are no longer spending time manually matching accounts because we now let Adra do the matching automatically so we can spend our valuable time focused on the exceptions."

Just some of the benefits finance & accounting departments will gain include:

- Focus only on exceptions to start your day
- Utilize automated multi-way matching (3-way, 4-way, etc.) that scales with business growth
- Save time by continuously processing transactions so they don't pile up
- Effortlessly import new data types and sources
- Record all activities in an audit-ready format
- Illuminate potential mismatches and generate exception reports that mitigate risk

For more information on how Adra by Trintech can save you time and reduce risk in your transaction matching process, please click here. https://www.trintech.com/adra/suite/adra-matcher/

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide - including the majority of the Fortune 100 - rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kristina Pereira Tully

SOURCE: Trintech, Inc.

Topic: Press release summary
Source: Trintech, Inc.

Sectors: Exchanges & Software, Retail & eCommerce, Daily Finance, Cloud & Enterprise, Human Resources, Funds & Equities, Banking & Insurance, Legal & Compliance
From the Asia Corporate News Network

Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Trintech, Inc. Releated News
Sept 19, 2022 23:00 HKT/SGT
Annual Trintech Connect Events Bring Together Global Customers and Partners to Advance Finance Transformation Initiatives
Sept 7, 2022 23:00 HKT/SGT
Trintech and SatoriFP&A Announce Strategic Partnership in APAC to Bring Finance & Accounting Processes Closer Together
Aug 16, 2022 23:00 HKT/SGT
Trintech Announces Latest Release of CadencyDirect to Drive Greater Efficiency and Control across the Financial Close Process for ServiceNow Customers
July 14, 2022 23:00 HKT/SGT
Adra and Cadency by Trintech are Certified by SAP for Integration with Cloud Solutions from SAP
Apr 21, 2022 06:00 HKT/SGT
Trintech Announces New Chief Human Resources Officer
More news >>
Copyright © 2022 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575