Adra Suite: Financial Close Automation

Brand : Trintech

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Adra by Trintech is a comprehensive financial close automation software designed to streamline and enhance the month-end close process for mid-sized organizations. It empowers finance and accounting teams by automating repetitive tasks such as transaction matching, balance sheet reconciliations, and financial close task management. By integrating seamlessly with popular ERP systems like NetSuite, Microsoft Dynamics, and Planful, Adra ensures smooth data flows and eliminates the need for manual data reformatting, allowing teams to close faster and with greater accuracy. Its real-time insights and analytics further help organizations monitor progress, identify inefficiencies, and improve overall financial close operations.

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The platform delivers significant operational efficiencies, reducing the time spent on time-consuming tasks like bank reconciliations and multi-way transaction matching. By providing an audit trail and enhancing compliance, Adra helps mitigate risks associated with financial closing. Its automation capabilities not only increase productivity but also provide finance teams with more time to focus on strategic decision-making. Trusted by thousands of customers, Adra has proven to deliver a strong return on investment by reducing the overall time and costs associated with the financial close process.

Adra Suite: Financial Close Automation Features

Multi-Way Transaction Matching

Automates the matching of transactions across different systems and records, ensuring consistency and accuracy in financial data.

Balance Sheet Reconciliation

Streamlines the process of reconciling balance sheets, ensuring that accounts match and discrepancies are flagged and addressed quickly.

Financial Close Task Management

Helps manage the entire financial close process, from planning to execution, with automated task tracking and deadlines to ensure timely completion.

Real-Time Insights and Analytics

Provides powerful insights into the financial close process, enabling finance teams to make informed decisions and close faster with greater confidence.

Integration with ERP

Seamlessly integrates with various financial systems and ERPs (e.g., NetSuite, Microsoft Dynamics), ensuring data flows smoothly without the need for manual entry or reformatting.

Audit Trail

Maintains a detailed audit trail of all reconciliations and processes for compliance and transparency

Customizable Workflow

Allows for the customization of workflows to suit the organization’s unique financial close needs and processes.

Scalability

Adra's platform is designed to grow with your business, handling more complex reconciliations and financial close tasks as your company expands.

Automated Reporting

Generates financial close reports automatically, reducing manual effort and ensuring timely delivery to stakeholders.

Flexible Data Management

Works with various file formats and data sources, offering flexibility in managing and processing financial data.

Adra Suite: Financial Close Automation Specifications

  • Operating System :
  • Device :
  • Deployment :
  • Suitable For :
  • Business Specific :
  • Business Size :
  • Customer Support :
  • Training :
  • Language :
  •  Windows  Android 
  •  Desktop  Mobile 
  •  Web-Based, Perpetual 
  • All Industries 
  • All Businesses 
  • Small Business Medium Business Enterprises 
  • Phone Email 
  • Webinars Documentation Videos 
  • English 

Adra Suite: Financial Close Automation Reviews

85%

Have recommended this product

Overall Score

4.3/5
Based on 1 Reviews

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Pros

Adra's simplicity is one of its standout features. I found it remarkably easy to learn, to the point where I almost didn't require the introductory class. The platform's ability to automate basic reconciliation tasks has been invaluable, saving me time and effort in my day-to-day operations.Taarush - April 25, 2024

Cons

While Adra excels in simplifying reconciliation tasks, its functionality may be somewhat limited beyond this specific use case. As someone who primarily utilizes Adra for reconciliation purposes, I haven't explored its full potential for other applications.Taarush - April 25, 2024

Adra Suite: Financial Close Automation Company Details

Brand Name Trintech
Information Founded at Trinity College in Dublin, Trintech is an award-winning cloud-based software company that automates reconciliation and financial close processes. We fulfill the needs of Finance Professionals because we’re Finance Professionals, too. And, we’ve built the most complete software solution portfolio for Finance & Accounting teams in the industry. Whether you’re a Fortune 100 company or a growing business, Trintech has you covered.

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