Case Study: Ferraro Foods achieves faster, more accurate financial close with Trintech

Ferraro Foods Streamlines Reconciliations and Close Using Planful and Trintech

Ferraro Foods, a food service distributor, faced challenges with a manual and error-prone reconciliation process that used spreadsheets and email. Their data was siloed across multiple ERP systems, leading to limited visibility and a lengthy financial close. To address this, they worked with Trintech, implementing their Adra Matcher solution to automate large-volume transaction matching.

By using Trintech to standardize and automate reconciliations, Ferraro Foods achieved significant results. The solution saved their accounting team eight hours per day on transaction matching, contributing to a 55% reduction in their close cycle time. Trintech enabled them to shorten their close from 10 days to just 4.5 days, providing greater control, visibility, and trusted data for their financial processes.

Ferraro Foods

Johann Cabe

VP of FP&A