DTE Energy has selected AssureNET software for financial process compliance from Trintech Group Plc the provider of integrated financial governance, risk management and compliance software solutions. AssureNET is a component of Trintech's Unity platform.
DTE Energy, quoted on the New York Stock Exchange, is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include Detroit Edison, an electric utility serving 2.2 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.2 million customers in Michigan and other non-utility, energy businesses focused on power and industrial projects, coal and gas midstream, unconventional gas production and energy trading.
Trintech's Unity platform is expected to help DTE Energy to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten cycle times and reduce the risk of material weaknesses and restatements. The AssureNET module automates account certification, managing the review, approval and certification of all account reconciliations for a company's accounting close process. AssureNET distributes and tracks progress on all tasks necessary for certification, automates reconciliation of GL accounts, enforces control structures, and facilitates creation of compliance documentation.
