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KinderCare Learning Centers Selects Trintechs ReconNET

Wednesday 20 April 2005 10:00 CET | News

KinderCare Learning Centers has selected Trintech’s ReconNET to reconcile their ACH payments, credit card transactions and non-sufficient funds transactions. In addition, KinderCare Learning Centers has selected Trintech’s Bank Fee Analysis to monitor bank fees and secure consistent rates across accounts.

KinderCare provides early childhood education and care to children between the ages of six weeks and 12 years in the United States. KinderCare recently merged with Knowledge Learning Corporation in January 2005, creating the largest private childcare company in the world, serving more than 200,000 children and employing approximately 41,000 people. KinderCare will replace an existing automated reconciliation process with ReconNET, in order to increase the efficiencies of accounting staff, and improve effective risk management and reporting for daily and month-end operations. Additionally, the company will use Bank Fee Analysis to automate fee error reporting and resolution processes for prompt recovery of overcharges.


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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce