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What is T-Recs?

Accurately reconciling accounts and identifying the causes of missing funds before the release of financial statements can be a challenging endeavor, especially when spreadsheets are a part of the process. The steps involved in reconciliation can often be tedious, and spreadsheets are frequently unwieldy, prone to mistakes, lacking in security, difficult to verify, and can lead to inconsistent processing. Additionally, the current regulatory environment, heavily shaped by compliance requirements like Sarbanes-Oxley (SOX) and other regulations, places an increased emphasis on internal controls, data protection, and the efficiency of processes. As a result, unnoticed errors and insufficient compliance in reconciliation can quickly lead to serious consequences for organizations. To tackle these issues effectively, T-Recs by Trintech offers a robust control framework that facilitates daily, monthly, and periodic reconciliation tasks, thereby ensuring both accuracy and efficiency. This innovative solution not only aims to reduce risks but also significantly improves the reliability of financial reporting, making it an essential tool for any organization striving to maintain compliance and accuracy in their financial practices. By implementing such advanced technologies, businesses can better navigate the complexities of financial reconciliation and enhance their overall operational integrity.

What is Embat?

Optimize and elevate your organization's treasury management systems to achieve a higher level of control over your financial operations while enhancing liquidity management techniques. Streamline and automate critical processes, including cash flow monitoring, reporting, and forecasting related to cash and debt positions. Develop short, medium, and long-term liquidity forecasts that flawlessly interface with your ERP, accounting frameworks, and FP&A tools. Effectively manage your budget while exploring various planning scenarios to ensure financial agility. Harness the power of generative artificial intelligence to automate a staggering 90% of your treasury's accounting entries, ensuring accuracy and real-time updates to your financial records. Organize your reporting and treasury metrics efficiently to speed up decision-making and reduce preparation time significantly. Centralize all payment processing on a single platform to guarantee automated accounting and reconciliation within your ERP, eliminating errors and minimizing the need for human involvement. This holistic strategy not only streamlines operations but also liberates your treasury team, allowing them to concentrate on strategic initiatives rather than routine responsibilities. In doing so, your organization will position itself for greater financial resilience and innovation.

Media

Media

Integrations Supported

Adsolut
Microsoft Dynamics 365
Odoo
SQL Conta
SQL Pyme
Sage Intacct

Integrations Supported

Adsolut
Microsoft Dynamics 365
Odoo
SQL Conta
SQL Pyme
Sage Intacct

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Trintech

Company Website

www.trintech.com/brochure/t-recs-brochure/

Company Facts

Organization Name

Embat

Date Founded

2021

Company Location

Spain

Company Website

www.embat.io/en

Categories and Features

Categories and Features

Treasury

Cash Management
Debt Management
For Government
For Hedge Funds
Forecasting
Liquidity Management
Payment Management
Risk Management

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