Trintech the provider of governance, risk and compliance solutions says that a leading North America supplier of flexible polyurethane and advanced polymer products has selected AssureNET GL to standardize the reconciliation process, and increase accountability and visibility. AssureNET GL will allow the manufacturer to automate and control key accounting activities, including general ledger reconciliation , review and approvals, variance analysis, and closing process tasks and activities.
"AssureNET GL offers complete segregation of duties and tracks all system activity as users perform daily responsibilities, and it facilitates the creation of documents and reports needed to comply with auditing requirements such as the Sarbanes-Oxley Act, " said John Harte, EVP and General Manager for Trintech. "Reconciliation, tracking, and certification are all completed in a holistic, automated, and secure environment, one which gives managers visibility and provides certainty in times of onerous compliance requirements. "
The manufacturer will be replacing a manual review of account files using Excel and other applications with a self-documenting workflow and analysis tool that manages the entire GL reconciliation process.
