Adra Financial Close

Adra Balancer: Period end Reconciliation

Adra Balancer streamlines and digitizes the financial close Balance Sheet reconciliation process. 

Key highlights:

Automate and Streamline:

• Adra Balancer connects to several ERP systems for enhanced integration with the general ledger. Low-risk accounts are automatically reconciled based on predefined business rules. If no errors are found within a defined deviation, accounts need no further review. Preparers can focus on priority accounts, and the relevant reconciliation policies and procedures are easy to find. 

Easy Document Upload and Storage:

• All supporting documents, including invoices, purchase orders, bank statements and information on outstanding items, can be uploaded to the cloud. No more lost or overwritten documentation. No more binders.

Fully Archived Audit Trail:

• Auditors love Adra Balancer because it produces audit-ready balance sheet reconciliations. They have access to the financial close process and all of the important documentation.

Adra Matcher: Transaction Matching

Adra Matcher begins the process of optimizing your financial close by replacing the time-consuming, repetitive task of transaction matching with automation. 

Key highlights:

Powerful Matching Engine:

• It all starts with our data-matching software that was built from ground-up, specifically for the challenges of the office of finance. We enable users to quickly build and deploy intelligent rules to review  one-to-one, one-to-many, many-to-one and many-to-many matches. 

Easily load native data:

• Our software can read your data in its raw form, eliminating time spent time cleaning up the information in your spreadsheets. Ultimately, this helps to prevent data from accidentally being lost during extraction and import or during formatting.

Exception Management:

• With our sophisticated matching engine, you’ll end up with fewer transactions to investigate. Your team can focus their energy on researching and documenting the exceptions and fix unresolved matches more quickly.

Adra Task Manager: streamlining the financial close and other processes

Adra Task Manager is purpose-built for finance teams and for recurring processes. It’s designed to make it easy to create, build and manage world-class processes.  

Key highlights

Templates and Library:

• With Adra Task Manager you can build task lists with clear and concise instructions that create ownership and accountability. Create folders for accounts receivable, accounts payable, accruals, cash and other major accounts. You’ll be able to keep documents organized and eliminate clutter. The solution’s setup includes documenting policies and procedures to ensure consistent behavior. 

Built-In Dashboards:

• To communicate information clearly and efficiently, Adra Task Manager presents data in a visual context. Its dashboards provide real-time feedback, allowing managers to check progress anytime, anywhere and identify any issues that need immediate attention.

Notifications and Alerts:

• Adra Task Manager provides transparency into the close process making it easier for users and managers to collaborate. Additionally, notifications and alerts keep everyone on task, and comments are archived to streamline communications.

Workflow and Audit Trails:

• The solution’s approval workflow and built-in segregation of duties provides governance and control, and an audit trail is automatically created to allow for consistent tracking of every event within a task.

SaaS software

Adra by Trintech is a Financial Close solution provider who has developed software specifically for the Cloud.

Key highlights:

• Runs on a highly secure cloud platform; which has the most extensive standards compliance of any cloud vendor
• Fully encrypted in transit (using the Transport Layer Security TLS/SSL Protocol) and at rest (using AES256 encryption).
• Modern technology: 100% browser based client using HTML5 & CSS3
• Designed for ease of use and implementation

360 Customer Success

The 360 Customer Success program is our promise to you. We will make sure the implementation is a success, that all users are on-board and have adopted the solution. We will continuously assist you in your efforts to improve your finance process.