Trintech Adra review

Trintech Adra is the mid-market close suite from the vendor behind Cadency, and it stands out for transaction matching. Adra Matcher reads bank statements, credit card statements, point-of-sale, merchant and third-party delivery data in raw form and applies rules for 3-way, 4-way, one-to-many and many-to-many matches, so staff work only the exceptions. Matched items flow into Adra Balancer, which auto-reconciles accounts based on customizable variance thresholds and centralizes reconciliation data in one place. Close task management, journal entry and real-time analytics complete the suite, and Trintech says it connects to the ERPs and financial systems you already run. Trintech's page reports a 60% reduction in time to close the books and a customer quote about finishing reconciliations by the 10th of each month. The drawbacks: pricing is quoted, and groups with complex, public or global structures are pointed to Cadency rather than Adra.

Who it is for

Midsize teams with heavy bank and card matching

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Adra Matcher for automated 3-way, 4-way and many-to-many transaction matching
• Reads raw bank, credit card, point-of-sale, merchant and delivery-service data without spreadsheet cleanup
• Adra Balancer auto-reconciles accounts based on customizable variance thresholds
• Financial close task management
• Journal entry and real-time analytics

Strengths and weaknesses

• Strength: Matching engine handles one-to-one, one-to-many, many-to-one and many-to-many matches
• Strength: Matched transactions flow straight into balance sheet reconciliations
• Strength: Trintech positions it as quick to implement for lean finance teams
• Weakness: No public price
• Weakness: Large, global groups are steered to Trintech Cadency instead
• Weakness: Close analytics are lighter than BlackLine's consolidation and reporting

Key facts

• Modules: Matcher, Balancer, close task management, journal entry, analytics
• Vendor-reported results: 60% reduction in time to close the books
• Target: Mid-enterprise and lean finance teams
• Pricing: Quote only

Where it ranks

Trintech Adra is No. 4 in our Best Month-End Close Software verdict.