Dublin, Ireland -- Trintech Group Plc has announced that a leading North American supplier of flexible polyurethane and advanced polymer products will use its AssureNET GL compliance software to standardise its reconciliation process, and increase accountability and visibility.
Trintech said, in a 28 Jan statement that the software will allow the manufacturer to automate and control key accounting activities, including general ledger reconciliation, review and approvals, variance analysis, and closing process tasks and activities.
The un-named manufacturer will replace account files using Excel and other applications with a self-documenting workflow and analysis tool that manages the entire GL reconciliation process, according to the statement.
Trintech claims that the software can reduce administration and control times as well as reduce the risk of a control violation and decrease costs while enhancing compliance. (ss)