Trintech Launch ReconNET 7.1 for Enterprise Funds

Monday 14 February 2005 10:11 CET | News

Trintech has released ReconNET 7.1, the latest version of its reconciliation and account balancing application. ReconNET 7.1 features 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.

Additionally, ReconNET 7.1 includes expanded support for Sarbanes-Oxley financial disclosure requirements, including enhanced audit trail capabilities. Trintech is also stepping up its commitment to helping companies meet Sarbanes-Oxley audit and reporting requirements with ReconNET. The new version of ReconNET has expanded audit trail capabilities that track financial data and system settings in even more detail. With additional intelligence built into ReconNET 7.1s new interactive reconciliation display, it takes less time for users to reconcile accounts. The interactive reconciliation screen colorcodes highlight exactly which fields match and dont match, and if a set of items can not be reconciled, a plain-English message explains the reason why. In addition to gaining these and other improvements in matching, users can search for and research items without ever leaving the reconciliation screen. The automation of processes of other common and repetitive tasks also benefit from new features in this release. ReconNET 7.1 allows tasks to be automated through enhanced, rulesbased jobs that are smart enough to check for certain conditions - like data file availability, or success of a previous job step - and to wait or try again if something isnt ready. These new smart job features help finance and accounting staff automate more of their common tasks for greater consistency and time-savings.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce