Trintech Releases Updated Version Of Payments Reconciliation Application

Trintech, a provider of payments reconciliation technology, has released the latest version of its flagship reconciliation and account balancing application, ReconNET The company says ReconNET 7.1 includes "increased levels of intelligence built into the system, reducing the expertise required at

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Trintech, a provider of payments reconciliation technology, has released the latest version of its flagship reconciliation and account balancing application, ReconNET

The company says ReconNET 7.1 includes “increased levels of intelligence built into the system, reducing the expertise required at the user level, and interface improvements in navigation and display to improve productivity.” It also includes support for Sarbanes-Oxley financial disclosure requirements, including enhanced audit trail capabilities.

“ReconNET 7.1 puts more expertise and power into the system, making it easier for users to complete the reconciliation process faster, and giving them more time to spend on other accounting issues,” says John Harte, General Manager of Trintech’s Funds Management Systems Division.

“Trintech understands the daily challenges of reconciliation and continues to add real-world-based intelligence into the system to allow businesses to better meet their finance, treasury and accounting challenges head-on. The new ReconNET solution delivers faster results, more efficiently. It will further improve organizations’ understanding of how and where errors are arising. Users will be better able to make informed decisions and provide senior management with greater insight into internal processes. This results in significantly reduced operational losses, improved performance, and a greater ability to meet compliance requirements.”

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