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Adra by Trintech description
Adra by Trintech is a cloud-based software suite designed to automate and streamline the financial close and reconciliation processes for businesses. It offers modules for balance sheet reconciliation, transaction matching, task management, and reporting, aiming to increase efficiency and accuracy while reducing the risk of errors. Adra is used by a wide range of companies, particularly in industries with complex financial transactions. Its focus on automation allows finance teams to focus on strategic analysis and decision-making rather than manual tasks.
Who is Adra by Trintech best for
Adra by Trintech automates financial close and reconciliation processes, a favorite among users for its streamlined task management and user-friendly interface. However, some users have noted difficulties with saving changes and a lack of integration between certain features. Perfect for mid-sized companies in finance or retail seeking to improve efficiency and accuracy in their financial operations.
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Best for medium-sized businesses.
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Ideal for finance and retail companies.
Adra by Trintech features
Supported Adra automates the matching of transactions from diverse sources, including bank statements, credit card statements, point of sale, merchant, third-party delivery services, etc., enabling faster processing compared to manual methods. It reads raw data, eliminating cleanup time and uses intelligent rules to review one-to-one, one-to-many, many-to-one, and many-to-many matches. |
Supported Adra automates the reconciliation of balance sheet accounts, bank accounts, credit cards, and other financial data. It efficiently identifies and resolves discrepancies, improving accuracy in financial reporting. |
Supported Adra automates journal entry creation, approval, and posting processes. Its integration with existing financial systems improves accuracy and reduces error risk. |
Supported Adra automates and streamlines closing tasks, reducing manual effort. It offers real-time visibility into the closing process for better tracking and management, allowing for quicker completion. |
Supported Adra assists organizations in meeting compliance requirements related to financial reporting and other regulatory obligations. It provides tools to track and manage compliance tasks, reducing risk. |
Supported Adra integrates with various financial systems, including ERPs, enabling smooth data exchange. It automates data transfer and reduces manual data entry. |
Supported Adra automates balance sheet reconciliations, reducing manual effort and identifying discrepancies quickly. This ensures accuracy and compliance in balance sheet reporting. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
Adra by Trintech reviews
We've summarised 262 Adra by Trintech reviews (Adra by Trintech G2 reviews) and summarised the main points below.
- Streamlines and automates account reconciliations, saving time.
- Task Manager provides a clear overview of tasks and deadlines.
- User-friendly interface, easy to learn and navigate.
- Efficiently manages balance sheet reconciliations for multiple entities.
- Facilitates documentation and collaboration during month-end and year-end closing processes.
- Saving changes can be difficult, sometimes requiring logging off and redoing work.
- Task Manager and Balancer are not integrated, leading to synchronization issues.
- Manual administration of group accounts is time-consuming, especially for companies with many entities.
- Limited import functionality; loading accounts with the same group requires manual adjustments.
- Lack of dual currency support for bank account balances.
Adra by Trintech alternatives
BlackLine Financial Close ManagementAutomates and streamlines the monthly financial close process.Read more
Adra by Trintech FAQ
Adra by Trintech is a cloud-based software suite that automates and streamlines financial close and reconciliation processes. It offers modules for transaction matching, balance sheet reconciliation, task management, and reporting, helping finance teams improve accuracy, efficiency, and focus on strategic analysis.
What is Adra by Trintech and what does Adra by Trintech do?
Adra by Trintech is a cloud-based software suite that automates and streamlines financial close and reconciliation processes. It offers modules for transaction matching, balance sheet reconciliation, task management, and reporting, helping finance teams improve accuracy, efficiency, and focus on strategic analysis.
Adra by Trintech integrates with other software through its open API. This allows for seamless data flow between Adra and other business systems, enhancing automation and efficiency in financial processes. Specifically, Adra Analytics facilitates reporting and dashboard integration.
How does Adra by Trintech integrate with other tools?
Adra by Trintech integrates with other software through its open API. This allows for seamless data flow between Adra and other business systems, enhancing automation and efficiency in financial processes. Specifically, Adra Analytics facilitates reporting and dashboard integration.
Top alternatives to Adra by Trintech include FloQast, Xelix, and Xero. FloQast focuses on streamlining the financial close process, while Xelix specializes in AI-powered accounts payable controls. Xero offers broader online accounting functionalities for small to medium-sized businesses.
What the main competitors of Adra by Trintech?
Top alternatives to Adra by Trintech include FloQast, Xelix, and Xero. FloQast focuses on streamlining the financial close process, while Xelix specializes in AI-powered accounts payable controls. Xero offers broader online accounting functionalities for small to medium-sized businesses.
Yes, Adra by Trintech is a legitimate software solution for automating financial close and reconciliation processes. It's known for its user-friendly interface and efficient reconciliation features, though some users mention difficulties with saving changes and software integrations.
Is Adra by Trintech legit?
Yes, Adra by Trintech is a legitimate software solution for automating financial close and reconciliation processes. It's known for its user-friendly interface and efficient reconciliation features, though some users mention difficulties with saving changes and software integrations.
I cannot find pricing details for Adra by Trintech. Contact Trintech directly for product pricing and to determine if Adra is worth the investment for your organization.
How much does Adra by Trintech cost?
I cannot find pricing details for Adra by Trintech. Contact Trintech directly for product pricing and to determine if Adra is worth the investment for your organization.
Customer reviews for Adra by Trintech are generally positive about their customer support. Users mention helpful, knowledgeable support staff and quick response times. However, some have experienced occasional slowdowns or difficulty finding online help.
Is Adra by Trintech customer service good?
Customer reviews for Adra by Trintech are generally positive about their customer support. Users mention helpful, knowledgeable support staff and quick response times. However, some have experienced occasional slowdowns or difficulty finding online help.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.