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Adra by Trintech Reviews & Product Details - Page 26

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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Overview Provided by:

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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0 people requested security information

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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G2 reviews are authentic and verified.
Verified User in Health, Wellness and Fitness
AH
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?

Easy to use, able to match multi-one txn Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Not able to group multiple conditions on the multi-one transactions, do not have the global rules option for the administrator to maintain the rules easier. Review collected by and hosted on G2.com.

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

Most of the issues can be resolved by searching the help center Review collected by and hosted on G2.com.

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

The copy and carry forward functionalities Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Can't import a schedule to match to that would assist the system certify process Review collected by and hosted on G2.com.

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

A consistent process and tie out to the GL Review collected by and hosted on G2.com.

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

Very easy to understand and user friendly.

Also one of the best support team.

A very quick response and friendly. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

There can be a bit slowdowns sometimes. But it usually go away within a half hour. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

Take help from the support team and the specialist when you need to.

It will make everything much easier. Review collected by and hosted on G2.com.

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

Using Adra Match Accounts gives you a overview of all the transactions. Which is very helpful if something goes amiss. Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
AT
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
What do you like best about Adra by Trintech?

Forenkler og gjør periodeavslutningen morsommere. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Manglende integrasjon mellom Task Manager og Balancer Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

Adra kan anbefales for de som ønsker å forbedre internkontrollen og få en bedre periodeavslutning.

Bruk tid på interne prosesser før du installerer Adra, og god nok tid i implementeringen slik at du får god utnytelse av Adra med en gang. Review collected by and hosted on G2.com.

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

Vi har mange transaksjoner og kontoer å avstemme. Med Balancer så har vi et system hvor flere kan jobbe samtidig, og vi får en god arbeidsdeling. Vi får samlet prosedyrer, retningslinjer og avstemmings dokumentasjon på en plass. Med Task Manger får vi en mye bedre struktur på periodeavslutningen. Det er enkelt å holde oversikt over alle oppgavene som skal gjøres, og det er enkelt for leder å følge opp at oppgaver blir løst til rett tid.

Med Task Manager er det også enklere å følge opp og dokumentere internkontroller.

Kvaliteten og effektiviteten har økt betraktelig med hjelp av Adra. Review collected by and hosted on G2.com.

LT
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?

While we haven't gotten through implementation of all the modules in the suite due to the complexity of our business structure, the tool is still very user friendly and easy to understand. Also, given all of our complexities, our Customer Success Manager (Houston) has been available at all times and responds to our questions very quickly and effectively. Even if the tool is not able to do something we would like, usually they have a workaround in the meantime to help us. Lastly, Houston has been extemely instrumental in helping us set up Matcher, which seemed impossible at one point for what we wanted to be matched. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

When creating a tool to be used by many organizations, there are always different things people would like to see. Adra has an Innovation Portal where you can add your change/improvement you'd like to see and based on the number of votes, it may be pushed out in one of their Releases, which I understand just given the sheer volume of ideas/requests. However, my one dislike on that process is it could take years before an idea is actually implemented. For example, we'd like to be able to group accounts across different entities in Balancer and it looks like that idea has been proposed a few times over the past 2 years and still hasn't been implemented. So the process on when/how things get added to the Releases is still a little unclear to me. Review collected by and hosted on G2.com.

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

The largest problem we are solving is just having clarity and insight into our closing process overall. Due to our complexity, we have over 1600 balance sheet accounts across 100+ entities that need to be reconciled monthly (we are a small private company, so that number is massive). Previously, these reconciliations were maintained in a shared folder and not all of them would be done monthly, but there was also no mechanism for tracking that. Immediate benefits were shown through all of the reconciliations being at the forefront and finding things that needed to be cleaned up as a result. I am confident once we get through the rest of the Adra suit set up we will also have a more streamlined close process as well as create efficiencies in some of our daily activities, such as through Matcher and some accounts we are currently reconciling daily in excel. Review collected by and hosted on G2.com.

Verified User in Wholesale
AW
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Adra by Trintech?

The automation and ability to reconcile with a paperless process. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Implementation was much more chaotic than it should have been. Review collected by and hosted on G2.com.

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

Reconciliation time restraints are much more efficient with Adra. We have realized we can drastically reduce the amount of time spent reconciling with the solution Adra provides Review collected by and hosted on G2.com.

Response from Brian Rogers of Adra by Trintech

Thank you for your review. While I'm really happy to hear that you're saving a lot of time using Adra, I'm sorry the implementation didn't go as expected. We always strive to make sure you're getting full value and deliver the best possible customer service, so please contact support@adra.com and we'll gladly review your setup.

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

Setup was straightforward and intuitive and having a dedicated implementation contact really helped in getting everything sertup.

Training users is simple as the software is very user friendly Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Getting everything setup does take a lot of time so you need to have someone dedicated the implementation process. Review collected by and hosted on G2.com.

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

Utilizing Adra to centralize our SOX documentation.

Giving auditors access to Adra eliminates the need for us to pull control support for our auditors. Review collected by and hosted on G2.com.

Christine Austin F.
CF
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?

I like that I can search for client transactions and have the history of their transactions I need to review. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

I don't think there is anything I found that I dislike. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

I think you need to research Adra and make sure it suits your needs before you decide if it is right for your company. Review collected by and hosted on G2.com.

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

We used to do all our reconciling by hand and that took a lot of time. Now that we have Adra it is much easier to reconcile bank accounts. Review collected by and hosted on G2.com.

BS
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Adra by Trintech?

I love the ease of use for this system. This does not need in depth and complicated implementation to use and is intuitive. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

There are some features that I dislike such as updating for current period. These are being looked at by there innovation team and will be actively pursued if the user group wants it. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

Use Adra if you are looking for a simple system to complete and track reconciliations. Review collected by and hosted on G2.com.

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

Our biggest advantage now is the visibility of reconciliation statuses. Before this was hard for management to see and for audit to audit. Review collected by and hosted on G2.com.

Verified User in Retail
AR
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Adra by Trintech?

One of the best things about Adra is that it leaves the users in control. As a user, you are able to update rules, create rules, structure and restructure accounts, and tailor the software to your specific needs, even after the implementation period. It does not require a service request to be able to change things around if something is not meeting the specific needs of your company. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

The thing our company most dislikes about Adra is the speed. As we have loaded more and more data, the lag time inside the software can be prohibitive and frustrating at times. We hope that this is something Adra will improve over time. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

Adra is fairly easy to use, and as long as your users have a good degree of computer literacy, they should be able to tailor the solution in-house to your company's needs. Review collected by and hosted on G2.com.

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

Adra allowed us to abandon 700+ Excel spreadsheets in which we were reconciling all of our retail locations' cash. It is able to automatically match items that do match, and leaves only the exceptions for our cash accountants to work, instead of forcing them to physically match items that are a perfect match. Review collected by and hosted on G2.com.