Case Study: Ralph Lauren achieves daily automated reconciliations and faster month-end closes with Trintech ReconNET

Ralph Lauren Stores Reduce Risk, Streamline Reconciliation and Generate Needed Reports for Store Managers

Ralph Lauren’s retail accounting team was spending extensive time manually reconciling daily POS data with bank deposits for hundreds of stores, which caused slow month‑end closes, inconsistent identification and resolution of exceptions, and increased risk of error and fraud across cash accounts. Corporate and field managers wanted faster, more transparent reconciliations, better store‑level reporting, tighter cash controls, and reduced risk exposure.

Ralph Lauren implemented Trintech’s ReconNET across its stores and bank accounts to automate daily fund verification, exception detection, reporting and GL uploads (integrating with SAP). The solution enabled immediate notifications to loss prevention and store managers, reduced reconciliation from weeks of manual work to daily processing by a single employee, cut monthly cash shortages by thousands of dollars, and delivered timely, actionable reports for management.

Ralph Lauren

Lee Jurgens

Director, Retail Sales and Cash Audit