Case Study: SEAS-NVE automates over 85% of bank reconciliations with Adra by Trintech

A Trintech Case Study

Preview of the SEAS-NVE Case Study

SEAS-NVE Automates Over 85% of Its Bank Reconciliations with Adra® by Trintech

SEAS-NVE, Denmark’s largest customer-owned energy group, faced a highly manual, time-consuming bank reconciliation process that required three people and a full week each month to complete, with limited visibility and control over balance sheet reconciliations. The company wanted to free up resources for higher-value work and reduce employee stress.

By implementing Adra® by Trintech, SEAS-NVE automated over 85% of its bank reconciliations, cutting monthly man-hours from about 120 to 20 and reducing staff involvement from three people to two, finishing reconciliations in 1–2 days. Adra’s intelligent matching, flexible search and “residual reconciliation” tools sped up complex cases, made corrections easy to reverse, delivered time and cost savings, improved employee satisfaction, and positioned the company to extend automation to intercompany accounts.


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SEAS-NVE

Merete Wriedt

SEAS-NVE


Trintech

93 Case Studies