Trintech Group, a provider of integrated financial governance, risk management and compliance software products, has released ReconNET 8.0, its new reconciliation and exception management software.
The company claimed that the new offering allows finance teams to automate reconciliation and exception management processes. The software allows customers to interface with external platforms and databases, including Oracle 11g and recent versions of Microsoft SQL server and Windows operating systems.
Additional processing and matching capabilities that have been added include: matching algorithms; search and other data-intensive application requests; filtering, sorting and search features; and automated processors and reconciliation types designed to enhance application performance in high volume environments.
David Taylor, vice president of strategy at Trintech, said: “ReconNET 8.0 was developed in response to an increasing demand we’ve seen for even more advanced, automated matching and exception management capabilities. With ReconNET 8.0, Trintech delivers the most robust and scalable reconciliation and exception management software solution on the market today.”
ReconNET is reportedly a component of the company’s Unity financial GRC platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.