DATAFlow
Automates high-volume transaction data ingestion for financial reconciliation and matching.
Executive Summary
DATAFlow by Trintech Adra is a specialized financial automation solution designed to streamline the ingestion and preparation of high-volume transaction data. It acts as a critical component in the financial close process, specifically by automating the pulling of data from various sources, primarily banks. This ensures that financial systems, such as Trintech's Cadency, receive timely, accurate, and standardized transaction information required for reconciliation and matching activities. The platform is engineered to handle the complexities of diverse data formats and large transaction volumes, significantly reducing the manual effort traditionally associated with data collection. By providing a robust and automated data pipeline, DATAFlow helps organizations improve the efficiency and accuracy of their financial operations, enabling faster and more reliable financial reporting and analysis.
Use Cases
- Automating the ingestion of bank statement data for daily or periodic reconciliation.
- Providing standardized transaction data for high-volume matching processes, such as deposits and Western Union transactions.
- Supporting financial close by ensuring all necessary transaction data is accurately and promptly available for reconciliation.
- Reducing manual data entry and preparation efforts for financial operations teams.
Features
Visibility
- Data Source Connectivity: Monitor the status and health of connections to various financial data sources.
- Transaction Volume Tracking: View the volume of transactions processed and ingested over time.
- Error and Exception Reporting: Identify and track any errors or exceptions encountered during the data pulling process.
Intelligence
- Automated Data Ingestion: Automatically pull high-volume transaction data from banks and other financial institutions.
- Data Normalization: Standardize and cleanse diverse financial data formats for consistent processing.
Technical Specifications
Integrations
- Cadency by Trintech
- Banking Systems
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Trintech Adra
Trintech is a global provider of cloud-based financial software solutions, specializing in account reconciliation and the financial close process. Their products automate high-volume transaction matching, balance-sheet reconciliations, close task management, journal entries, and related governance and compliance activities. Trintech's portfolio includes the Cadency and Adra platforms, as well as products like DATAFlow, ReconNET, Frontier, and Accurate. The company serves over 4,200 clients worldwide, including the majority of the Fortune 100, and is headquartered in Plano, Texas, with offices across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands, and the Nordics.