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Adra by Trintech Reviews & Product Details - Page 27

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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G2 reviews are authentic and verified.
Verified User in Transportation/Trucking/Railroad
AT
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

I like the easy transition between month and month, this makes it easy to check if the current month align with previous month. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

There is currently nothing that I dislike. It has been great so far, and I have received great customer support from Helena Chiem. Review collected by and hosted on G2.com.

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

Team management and allocating task per month, quaterly and yearly. It makes deadlines more easy to track, and following up with both the team, and the most important task. Review collected by and hosted on G2.com.

RP
Accounting Manager
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 the fact that I can get into ADRA whether I'm working at home or at the office. Prior to this, we had the application on our desktop so this wouldn't be feasible if I wanted to work from home. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

I don't have anything that I dislike about ADRA. Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

You'll get the best bang for your buck! Review collected by and hosted on G2.com.

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

We are currently using Matcher and Task Manager and both programs are great. Task Manager allows us to see what tasks are still needing to be completed even when the department is working from home. We don't all have to be in the same office to show the status of the tasks. Review collected by and hosted on G2.com.

Verified User in Leisure, Travel & Tourism
EL
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
What do you like best about Adra by Trintech?

Moving reconciliation into Netsuite, no need to do manual reconciliations in Excel files Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Not a standard features of Netsuite, add-on feature Review collected by and hosted on G2.com.

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

Reconcilations of VAT, suspense accounts Review collected by and hosted on G2.com.

CF
Credit Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
Verified User in Accounting
UA
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Adra by Trintech?

It is an easy place to have a todo list/check list of items each month. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

If a balancer item is assigned to two people. Once one individual finishes their part it no longer shows as an open item for them. Review collected by and hosted on G2.com.

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

Month end is clear now on what needs to be completed. Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
AT
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Adra by Trintech?

Once first setup is completed, all input is simple and clear, and give enough data for remote review and tracking of activities, and a panorama view for all company control activities no matter to which departments are the activities assigned. In our business that is port administration, is very peculiar situation, because the financial, internal control , accounting and management areas are at the city and the main operational core is at the port , that is why a software for remote tracking on internal controls is very useful, also it can be reviewed by our Headquarters if needed from foreign countries Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Some times a little slow response from servers, giving users some issues for logging in or even auto logging off when working. Something very useful in particular way should be that various files can be uploaded at the same time instead of uploading one by one, specially taking in account the mentioned issue on slow connection Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

I would recommend Adra to users that are seeking for a easy to use suite for tracking activities, and remote review of usual and casual controls, the best characteristic is that at a glance each supervisor can have a full view of what his colleagues are pending to upload, and also the advance of each activity assigned; after that the administrators can have also the tracking of activities by supervisors and their personnel assignees . Only crucial tip is that take a time to evaluate who is necessary to be a user of Adra and improve its implementation on your company.

Another tip is to have a robust internet connection in order that Adra works with enough fluency.

Try to learn about all modules that Adra offers, and start with the ones that should give almost instant payback to your company, remember that having all is not always what your company needs and will enlarge the payback time with no reason and then will question the investment on this new software.

Summarizing, look for the modules that most adequate to your company roll, try to explain users that this is a tool for them not a controlling from others. Review collected by and hosted on G2.com.

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

To have a clear tracking of internal controls, also an easy remote way to review accounting balances, it gives the opportunity to users to know which controls are pending and for administrators to know which approvals are pending on each activity already started, also know if there are activities pending to be started Review collected by and hosted on G2.com.

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

Very user friendly tool. Easy to feed up with data, connected to accounting systems (SAP) Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Sometimes we would run out of transaction limit without proper warning Review collected by and hosted on G2.com.

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

We were using Adra Match Accounts for bank reconciliations. It gave us clear picture of what was not reconciled in our Accounting system. Review collected by and hosted on G2.com.

Verified User in Higher Education
AH
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Adra by Trintech?

The Adra software has decreased my reconciliation process from weeks to days. I have gone from manually color coding transactions to manually reconciling exception items only. I currently have a 66% automatic reconciliation rate and Adra Support is working with me to increase that percentage. Adra Support has been very helpful in this process, by exploring options for check and credit card reconciliations also. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

The least helpful thing about the Adra software would be the flexibility in the matching rules to isolate transactions by account. It may just be my lack of knowledge of the system also. Working on that. Also knowing the system well enough that I could fix things myself instead of having to rely on support all the time. Just a personal thing, not a problem with support. Review collected by and hosted on G2.com.

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

Reconciliation of a bank account that has 2 operating accounts feeding into it using Matcher. Last month I loaded all files and reconciled outstanding items within 2 days as opposed 1 plus weeks. Working on a more streamlined/automated reconciliation process for my monthly bank reconciliation. Review collected by and hosted on G2.com.

RJ
Accounting Manager
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?

One place organization for all account reconciliations and dashboards to monitor the process. Our company has many entities in our ERP, each with an identical, complete chart of accounts. Adra provides the ability to group accounts, and with a certain set-up, the ability to group the same accounts across multiple entities. Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

Data imports due to lack of true integration with ERP and banks. This is probably a feature of Trintech's more advanced and more expensive product. The process for adding several new accounts after the first import of account balances (period already started) is cumbersome if you want to be able to have those accounts properly grouped for the current month being reconciled. Review collected by and hosted on G2.com.

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

This is our first month so we're still climbing the learning curve but everyone is excited about using Adra. Approvers and Reviewers are most excited about having all the reconciliations on one platform with all the supporting documents just a click away rather than having to click through folders to find files. Review collected by and hosted on G2.com.

Kimberly N.
KN
Analista Contable
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Adra by Trintech?

I consider it to be an easy tool to use, as well as useful for any company that wants to carry order and digital support, basic these days Review collected by and hosted on G2.com.

What do you dislike about Adra by Trintech?

I don't know if it's my profile, but I would like to see more reports Review collected by and hosted on G2.com.

Recommendations to others considering Adra by Trintech:

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

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

process automation Review collected by and hosted on G2.com.