Case Study: Texas Tech University achieves 36% increase in staff efficiency and automated reconciliations with Trintech ReconNET

A Trintech Case Study

Preview of the Texas Tech University Case Study

Texas Tech University Saves Tens of Thousands by Automating with Trintech’s ReconNET Solution

Texas Tech University, a large public research university, was reconciling all student and organizational transactions manually within a single bank account—an effort that was cumbersome, error-prone and required significant staff time. New finance leadership opened multiple accounts and sought technology to increase efficiency, reduce manual errors and support growing transaction volumes.

TTU implemented the Banner student system and Trintech ReconNET to automate reconciliation across 30+ accounts and train staff to create new reconciliation types. Automation made staff roughly 36% more efficient, eliminated many manual errors, shortened month-end close and reliably met a two-day deposit mandate, producing estimated annual avoided costs of about $168,000 and nearly $10,000 in savings from increased self-sufficiency.


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Texas Tech University

Doris Musick

Assistant Managing Director Accounts Receivable


Trintech

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