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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 Loop AI?

Loop AI is an innovative automated platform that utilizes artificial intelligence to help modern restaurants and digital food brands tackle the complex operational and financial issues associated with third-party delivery services like Uber Eats, DoorDash, and Grubhub. By streamlining processes such as delivery revenue reconciliation, financial reporting, and operational metrics, it frees up teams from the burdens of manual bookkeeping, allowing them to redirect their efforts towards growth initiatives. Acting as a digital "co-worker" for restaurant back offices, this platform integrates seamlessly with existing accounting systems to automate tasks such as generating journal entries and reconciling chargebacks, which enhances clarity in delivery performance. This capability enables operators to uncover hidden revenue opportunities, protect profit margins, and make smarter, data-driven decisions. Furthermore, Loop AI offers insightful delivery analytics and trend data, while also automating repetitive tasks, which aids restaurant staff in minimizing errors significantly. Consequently, businesses can achieve greater operational efficiency, leading to improved customer satisfaction and a boost in overall profitability. In the competitive landscape of food delivery, adopting such technology can be a game-changer for restaurants looking to thrive.

Media

Media

Integrations Supported

DoorDash
Grubhub
Trintech
Uber Eats

Integrations Supported

DoorDash
Grubhub
Trintech
Uber Eats

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

Loop AI

Company Location

United States

Company Website

www.loopai.com

Categories and Features

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