Case Study: G6 Hospitality achieves faster month-end close, $8M recovered and 50% reduction in fraud with Trintech ReconNET

G6 Hospitality Tightens Controls and Streamlines Operations with Trintech’s Solutions

G6 Hospitality, a large economy lodging company with over 1,450 locations, was hampered by manual, error-prone account reconciliation that delayed month-end close, left exceptions like missing or late deposits undiscovered, and led to about $1.5M in annual write-offs. A lack of escheatment processes and a limited home-grown ACH system also produced audit penalties and millions in idle cash balances.

G6 implemented Trintech’s ReconNET, TRACKER and DataFlow solutions to automate reconciliations, bank data collection, ACH processing and unclaimed‑property reporting. The results: reconciliation for 1,000 locations with just 2.5 FTEs, a 95% reduction in errors, 50% less fraud (~$200K first‑year savings), $1.5M reduction in write-offs, recovery of $8M in idle balances, fewer banks (30→17), faster daily cash movement ($750K–$1M) and timely, auditable month‑end close.

G6 Hospitality

Susie Eddington

System Administrator