Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Trintech's Adra Suite of Solutions collaborates to automate and enhance workflows, boost precision, and mitigate risks, thereby optimizing the intricate processes involved in financial closings. This suite integrates effortlessly with various financial systems, including ERPs, enabling you to complete closings more swiftly and confidently. The Adra® Matcher feature allows for automated, multi-way transaction matching, directing your attention to resolving exceptions. Once matched, transactions are effortlessly incorporated into balance sheet reconciliations via Adra® Balancer. With Adra® Task Manager, centralized checklists and documents ensure comprehensive visibility and control throughout the financial closing process. Adra® Analytics also provides customized reports and dashboards that illuminate areas for potential enhancement. Moreover, Adra is designed to accommodate all versions of ERPs and GL systems, such as Sage Intacct®, NetSuite®, SAP ECC6®, and SAP S/4HANA®, ensuring ease across an organization's entire IT environment. This comprehensive solution not only simplifies financial processes but also empowers organizations to make informed decisions based on real-time data insights.

Description

To initiate a reconciliation, one should start by examining the closing balance of the General Ledger in comparison to the sub-ledger or other pertinent documents, which may include bank statements or third-party records. Any discrepancies identified between these sources must be thoroughly investigated, measured, and resolved whenever feasible by making the necessary adjusting entries in either the general ledger or sub-ledger. It is also essential to document any anomalies as reconciling items to maintain transparency throughout the process. Ultimately, the balances should align perfectly and be substantiated with all accompanying documentation linked to the reconciliation. The review process is crucial for confirming the completeness of the reconciliation, and incorporating an additional approval layer can enhance confidence in its accuracy. Moreover, establishing a robust framework along with a standardized process can significantly streamline and enhance the efficiency of the reconciliation process at the end of each month. This not only fosters consistency but also aids in identifying potential issues much earlier in the cycle.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Adra Analytics Yes 
Adra Balancer Yes 
Adra Task Manager Yes 
NetSuite Yes 
SAP HANA Yes 
Sage Intacct Yes 
Trintech Yes 

Integrations

Adra Analytics No 
Adra Balancer No 
Adra Task Manager No 
NetSuite No 
SAP HANA No 
Sage Intacct No 
Trintech No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Trintech

Country

United States

Website

www.trintech.com/adra/suite/

Vendor Details

Company Name

RecWise

Founded

2017

Country

Australia

Website

www.recwise.com

Product Features

Accounting

Accounts Payable No 
Accounts Receivable No 
Bank Reconciliation No 
Billing & Invoicing No 
CPA Firms No 
Cash Management No 
Cryptocurrency Support No 
Expense Tracking No 
Fixed Asset Management No 
Fund Accounting No 
General Ledger No 
Government No 
Multi-Currency No 
Nonprofits No 
Payroll Management No 
Project Accounting No 
Purchase Orders No 
Tax Management No 

Financial Risk Management

Compliance Management No 
Credit Risk Management No 
For Hedge Funds No 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management No 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks No 
Stress Tests No 
Value At Risk Calculation No 

Product Features

Audit

Alerts / Notifications No 
Audit Planning No 
Compliance Management Yes 
Dashboard Yes 
Exceptions Management Yes 
Forms Management No 
Issue Management No 
Mobile Access No 
Multi-Year Planning No 
Risk Assessment Yes 
Workflow Management Yes 

Alternatives

Alternatives

ReconXpert Reviews

ReconXpert

Sydel Corporation