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Adra by Trintech Reviews & Product Details - Page 24

Adra by Trintech Overview

What is Adra by Trintech?

Built for mid-sized organizations, Adra by Trintech is a cloud-based, reconciliation and financial close solution that automates key areas of the financial close process including account reconciliations (Adra Balancer), transaction matching and journal entries (Adra Matcher), financial task workflows and controls (Adra Task Manager), and reporting (Adra Analytics). Adra seamlessly integrates with many financial systems and ERPs, allowing companies to increase efficiencies, improve accuracy, reduce risk, and close faster with more confidence.

Adra by Trintech Details
Product Website
Languages Supported
Danish, German, English, Japanese, Norwegian, Swedish
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Product Description

Adra by Trintech delivers simple tools to automate and streamline work, improve accuracy, reduce risk and help you close faster with confidence. It’s time to move way beyond the capabilities of spreadsheets.


Seller Details
Seller
Trintech
Company Website
Year Founded
1987
HQ Location
Plano, TX
Twitter
@TrintechInc
1,788 Twitter followers
LinkedIn® Page
www.linkedin.com
589 employees on LinkedIn®
Description

Trintech gives people time back for what matters most. Our cloud-based platform and solutions enable thousands of clients worldwide to lead productivity transformation across their finance and accounting organizations — driving efficiencies, ensuring accuracy to mitigate risk, and empowering strategic decision-making. Make time count with Trintech.

As the leader in Financial Close Management, Trintech is headquartered in Plano, Texas with offices and strategic resellers across United States, Europe, Australia, South America, Africa, and Asia Pacific. With a strong partner ecosystem, Trintech collaborates with over 100 companies to create a network of interconnected businesses. To learn more about Trintech, visit www.trintech.com.


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Recent Adra by Trintech Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Good tool"
It's user friendly and quick to work with. Customer service is also quick to respond to issues.
Peter M.
PM
Peter M.Enterprise (> 1000 emp.)
4.5 out of 5
"Amazing view of reconciliations and excellent tracking of tasks and their dependencies."
Integration with ERP: Huge volume of journals are processed and captured Task Management: Easy linkage amongst tasks to show their dependencies ...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Intuitive"
Saves a lot of time, makes working with reconsiliation very smooth, it's even fun to use
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Adra by Trintech Media

Adra by Trintech Demo - Month-End Close Checklist with Adra Task Manager
Adra Task Manager is completely customizable to display current and upcoming tasks pertinent to each team member in a single, cloud-based view.
Adra by Trintech Demo - Automated Balance Sheet Reconciliations with Adra Balancer
Add reconciliations via row additions, import items, or Adra Matcher. Set thresholds to automatically flag variances of balances and require explanations for flagged accounts.
Adra by Trintech Demo - Robust Multi-Way, High-Volume Transaction Matching with Adra Matcher
Match transactions with bank statements, credit card statements, point of sale, merchant, 3rd party delivery services, and other external sources in a fraction of the time that manual processes take. Review multiple accounts, entities, and currencies with Adra Matcher.
Learn more about Adra Matcher for transaction matching.
Play Adra by Trintech Video
Learn more about Adra Matcher for transaction matching.
Learn more about Adra Task Manager for close task management.
Play Adra by Trintech Video
Learn more about Adra Task Manager for close task management.
Learn more about Adra Balancer for balance sheet reconciliation.
Play Adra by Trintech Video
Learn more about Adra Balancer for balance sheet reconciliation.

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Video Reviews

276 Adra by Trintech Reviews

4.5 out of 5
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276 Adra by Trintech Reviews
4.5 out of 5
276 Adra by Trintech Reviews
4.5 out of 5

Adra by Trintech Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Adra by TrintechQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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JC
Team manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

Adra Balancer is simple to use and simple to administrate Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Some processes can take long time to be finished (for example period-transferring or automatic confirmation of GL-accounts) Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

It is more efficient to have control over our GL-accounts using Adra Balancer than our earlier routine. It is also convenient to distribute access to our financial departments and auditors, because we manage and are responsible for several companies, so we have multiple counterparts. Review collected by and hosted on G2.com.

Ronald A.
RA
Finance Director
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Adra by Trintech?

The rules to automatically clear transactions between the bank and GL are customizable and have saved us days at the end of each month-end close. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

I want to be able to make edits to items after they are imported into the system. For example, sometimes, my import file may have been missing a reference number for one or two items. Currently, I have to redo the import. I understand why this limit is in place, but it would be nice if an admin could override it. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

We reconcile about 100 bank accounts monthly with over 15000 monthly transactions. We have one person doing all the reconciliations. The auto reconcile feature of ADRA has saved days of work each month and allows that employee time to focus on other priorities. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

Easy to follow what is reconciled, what is pending, no need for an additional multi-user Excel file. And the dynamic FX conversion. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

A bit slow sometimes, also wish that the validator could add attachments Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

No need to convert audit proofs in different currencies to show how they match with the books, no need for additional Excel file where each member of the team reports what they have done. Review collected by and hosted on G2.com.

ST
Sr Treasury Analyst
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Adra by Trintech?

Creating matching rules to fit our needs and the auto-upload for bank files has been a great feature. The software has saved me a lot of time in our daily reconciliation process. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

The software doesn't match as high of a percentage as when we first reviewed the product demo. There were no user guides to follow or assist with learning the system. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

We are using Adra for daily reconciliation of our store bank accounts and general ledger transactions to ensure the payments received match our sales records. The system has saved us time each day and simplied our process. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

simple, friendly user.

up-to-date technology Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

more user friendly explanations in how to set up more rules for aut-reconcilliation Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

It is really good system that so far I worked with. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Main problem is manual reconcilliation.

Benefits - its great to have a friendly user program that helps your financial data on track Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

I like the compliance aspect/ benefits the best. I am able to quickly see and confirm that we haven't reconciled all balance sheet accounts within the period. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

The only thing I can think of so far that would make the product even better would be to link directly to our reporting tool in excel vs me having to upload an excel doc in a certain format but not a big deal. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

I would highly suggest looking into automating your account recon process with Adra, a more affordable software product than Blackline and appears to provide similar capabilities. It was easy and quick to implement within a month or two. It's easy to use and you can quickly ensure compliance from a sox perspective. The whole process has sped up our closing process (ie we don't like to say we are closed until recons have been completed and reviewed). Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Review process/ confirming compliance is A LOT more efficient from my perspective. The team is also enjoying the software and feedback has been that it is easy to use and as we are more familiar with it can take further advantage of documenting account purposes, recon procedures, etc. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

Easy to use, good functions that we easily could customize. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

It would be great if it was possible to have automatic reconciliation of zero-values on certain accounts. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Good overview of all reconciliations. Review collected by and hosted on G2.com.

Lisa L.
LL
Ekonomiassistent
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
What do you like best about Adra by Trintech?

Fast support, easy to use with a nice layout Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Adra Match is not able to split screen since the program is old. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Create templates for adding new accounts Review collected by and hosted on G2.com.

Verified User in Financial Services
EF
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

Having all reconcliations in one spot makes the review process streamlined and keeping an eye on risk easy. The matching tool is powerful once you get the hang of making matching rules, and once everything is set up it is very smooth and easy. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

The product is great! The implementation process was a bit unorganized, but once all set up things have been working well and are a real time saver. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Significant improvements in level of effort to reconcile high volume accounts. Review collected by and hosted on G2.com.

Zack M.
ZM
Financial Analyst
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

Easy to use and excellent customer support. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Getting your data out of Adra could be more accessible. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

Get rid of excel reconciliations and start leveraging technology like Adra to gain efficiencies. Review collected by and hosted on G2.com.

What problems is Adra by Trintech solving and how is that benefiting you?

Bank Reconciliation processes that scale with our growth. Review collected by and hosted on G2.com.