ReconNET

Automate and streamline high-volume transaction matching and account reconciliation.

by Trintech Adra · Financial Close & Accounting

Executive Summary

ReconNET by Trintech Adra is a comprehensive financial reconciliation solution designed to automate and streamline high-volume transaction matching and account reconciliation processes. It helps organizations ensure financial accuracy by automating balance-sheet reconciliations, reducing manual effort and the risk of errors. This solution is critical for finance departments looking to enhance efficiency and control over their financial close processes. By providing automated capabilities for matching transactions across various data sources, ReconNET helps accelerate the reconciliation cycle and improve the overall integrity of financial data. It is particularly suited for environments dealing with large volumes of transactions, offering robust tools to manage complex reconciliation requirements and support compliance initiatives.

Use Cases

  • Automating balance-sheet reconciliations
  • Streamlining high-volume transaction matching
  • Ensuring financial accuracy and integrity
  • Accelerating the financial close process
  • Reducing manual effort and errors in reconciliation

Features

Visibility

  • DaaS BI Integration: Stream data directly to BI platforms like Power BI and Tableau for customizable reconciliation analytics.
  • Exception Tracking Hub: Centralized oversight into aging unreconciled items, item statuses, and resolution ownership.

Intelligence

  • High-Volume Auto-Matching: Automated matching algorithms tailored for high transaction volumes across diverse financial instruments.
  • Discrepancy Categorization: Rules-based classification of timing differences, bank fees, and genuine accounting discrepancies.

Support

  • Trintech Knowledge Base: Extensive self-service knowledge base covering configuration, workflows, and integrations.
  • Implementation Consulting: Specialized onboarding and professional services tailored for complex multi-entity reconciliation environments.

Technical Specifications

Architecture
Cloud-based platform
Deployment
SaaS
Authentication
SSO/SAML, MFA
API Available
Yes
MCP Server
No

Infrastructure

  • AWS
  • Azure

AI/ML Stack

  • Embedded AI
  • Agentic AI

Integrations

  • SAP ECC

Security & Compliance

Certifications: SOX compliant

Encryption: Encryption at rest (AES-256) and in transit (TLS 1.2+)

Pricing

Model
Subscription
Starting Price
Contact sales
Target Customer
Mid-Market,Enterprise
Contract Type
Annual
Free Trial
No

Ratings & Reviews

G2: 4.9/5/5

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.

Founded: 1987 · Headquarters: Plano, Texas, United States · Employees: 501-1,000 · Private

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