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Trintech Group releases new balance sheet reconciliation software solution

Tue. September 22, 2009; Posted: 09:49 AM
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Sep 22, 2009 (Datamonitor via COMTEX) -- TTPA | Quote | Chart | News | PowerRating -- Trintech Group, an Irish provider of integrated financial governance, risk management and compliance software solutions, has released AssureNET GL 5.0, a balance sheet reconciliation software solution for automating and controlling the financial close process.

According to the company, AssureNET GL 5.0 will help senior financial accounting managers comply with regulatory mandates such as the Sarbanes Oxley Act while reducing costs and increasing the confidence in financial results. The newest version of the software offers customers immediate ROI with configurable automated matching processors and additional efficiencies such as single sign-on and enhanced reporting capabilities.

Reconciliation enhancements include a new 'quick compare' feature, advanced grid filtering for bulk reconciliations and configurable automated matching processors; improved application usability, with single sign-on, enhanced bulk import functionality and other interface enhancements based upon customer feedback; administration alerts offering critical information about general ledger reconciliation, review and certification in a visible interactive dashboard; and flexible reporting features including a set of standard reports and a 'report wizard' to facilitate ad hoc reporting.

Charlene Schwindt, product manager at AssureNET GL, said: "AssureNET GL 5.0 is backed by an entire suite of Financial GRC applications designed to automate, consolidate and report on back office financial processes across the enterprise and it's backed by a personalized approach to product development, sales, implementation and support that simply can't be matched by smaller point-solution software vendors."

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