Account Reconciliations Made Simple

AmeriCU Shortens Month-End
Close to 6 Days

Business Drivers to Automate Reconciliations

Prior to automating their reconciliation process with Trintech, AmeriCU’s account reconciliation processes were less than ideal. “The various departments company-wide weren’t performing their account reconciliations—the entire process was very disorganized, not centralized, and not enforced,” shared Stephanie Smith, Accounting Manager at AmeriCU.

When account reconciliation submission was enforced for the various business units, the team quickly became overwhelmed. “Everything was in spreadsheets, so it was very manual. There were hundreds of account reconciliations and often no supporting documentation to accompany the Excel files, so there was no way to verify the information.”

Decision to Automate Account Reconciliations with Trintech

After a particularly stressful audit, the need for a centralized location for communication and documentation was highlighted. “Everyone realized that we needed to take steps to enforce and simplify our account reconciliations, so the accounting team in particular was very happy about the decision to put an automation solution in place,” shared Smith.

Adra by Trintech proved to be the answer to AmeriCU’s problems. “In addition to providing the functionalities we were seeking, it’s so easy to use! We add new general ledger accounts and make changes to preparers and approvers frequently, but the solution is intuitive, so these changes are simple to make. It’s also affordable, which we really appreciate.”

Read the full case study to learn more.