From Complexity to Clarity: How The Wonderfield Group Achieved Efficiency and Growth with Trintech

Business Drivers to Automate

The Wonderfield Group operates a complex financial structure, with multiple legal entities spanning the UK, US, and Canada, organized into seven Trading Divisions and a Group function. Recent mergers and acquisitions (M&A) exposed the organization to several challenges related to its financial close process:

• Manual Processes: Reliance on Excel-based reconciliations and email-based updates hindered efficiency and accuracy
• Lack of Standardization: Disparate processes across divisions made it difficult to achieve consistency and transparency
• Visibility Gaps: The finance team lacked insight into reconciliation statuses and task completion, further complicated by the geographical spread
• Audit Complexity: Manual tracking and scattered documentation created inefficiencies and audits

With M&A activities increasing the diversity and complexity of processes, the need for a standardized, automated solution became critical.

Solution in Action

Since implementing Adra by Trintech, The Wonderfield Group has made significant strides in improving their reconciliation and financial close processes. “We’ve come a long way with simplifying our balance sheet reconciliations, including consistency, efficiency, and audit-readiness,” said Matthew Browes, Group Finance Transformation Manager at The Wonderfield Group. Adra’s reporting capabilities provide visibility into on-time task completion and reconciliation statuses across divisions. Formalized reporting is underway to further enhance tracking and accountability.

Results and Benefits

Adra has delivered transformative results for The Wonderfield Group, including:

• Enhanced Efficiency: Automating reconciliations and task tracking has streamlined processes, reduced manual work, and improved month-end timelines
• Improved Consistency and Quality: Centralized workflows enable the Group Finance team to monitor and standardize practices across divisions
• Audit Readiness: With all documentation and evidence centralized, audits are significantly easier to manage
• Scalability: Adra’s flexibility supports future growth, including onboarding new divisions and adapting to ERP system changes

Beyond optimizing daily workflows, Trintech has enabled The Wonderfield Group to identify broader strategic goals which will drive further improvements across the organization.

“Additionally, it allows us to rethink our reconciliation practices—like shifting infrequently moving accounts from monthly to quarterly reviews—to increase efficiency and streamline month-end processes. These are opportunities that would be much harder to pursue with Excel or manual submissions.” Browes continued, “Adra provides critical oversight—helping us monitor team performance, ensure deadlines are met, and identify potential risks. Without it, gaining that level of understanding and control would be significantly more challenging.”

Additionally, The Wonderfield Group is currently in the planning phases of a new ERP project. “Having Adra in place prior to starting the ERP project is hugely beneficial. It provides a sense of consistency amidst significant changes, particularly with balance sheet reconciliations. Since the process is already standardized and familiar, it reduces the burden of additional adjustments for our teams during the transition,” shared Browes. “If we didn’t have Adra, we might spend an additional six months after the ERP project looking for a similar solution, delaying control improvements and visibility. Adra ensures continuity of oversight during the migration, minimizes disruption, and allows us to focus on other aspects of the ERP project. It also provides clarity when working with solution partners, making it clear what functionality we need to retain. Overall, it’s been a vital anchor during this period of change.”

It’s not just about meeting deadlines—Adra gives us the tools to improve standards and develop our staff by leveraging group-wide knowledge.”

Looking Ahead

While The Wonderfield Group has come a long way, exciting advancements are on the horizon. “We’ll be expanding our use of the Adra Suite as well as continuing to refine our set up of accounts and roles to ensure that focus is placed on reconciling key accounts,” shared Browes.

Insights from Adra help identify areas for process refinement and staff training, such as shifting infrequently moving accounts to quarterly reviews. “Adra will be instrumental in helping us identify further opportunities for improvement across our group finance processes. For example, we use it to review how different teams handle account
reconciliations, like trade debt, and share best practices to enhance quality and consistency. It’s not just about meeting deadlines—Adra gives us the tools to improve standards and develop our staff by leveraging group-wide knowledge,” shared Browes. “The potential for ongoing improvement with Adra is significant, and it plays a vital role in
supporting divisions during close periods and updating group policies to drive better results. We’re excited to drive improvements in on-time
completion of tasks with formalized reporting and identify areas where we can offer additional training.”

Adra has been a game-changer for The Wonderfield Group, enabling streamlined workflows, improved visibility, and enhanced audit readiness across a growing and complex organization. As the company continues to evolve, Adra’s scalable solutions will remain a vital component of its financial transformation journey.