Trintech Group has updated its ReconNet reconciliation and account-balancing software with enhanced workflow features.
ReconNet V.7.4 aims to streamline reconciliation processes and speed up exception management resolution. The new version includes an account reconciliation lockdown feature that lets clients close off specific time periods to help safeguard the integrity of the accounting, reconciliation and financial governance process.
The new release also supports the latest versions of Oracle and Microsoft's database software, as well as the Windows Vista operating system. Other enhancements include new purge features, improved search abilities to more quickly resolve exceptions, extended system management and administration, along with transaction-matching features to improve integration with the general ledger system.
Trintech estimates it has cut the time for purge processes on large Oracle databases by 95 percent and on large Microsoft SQL Server databases by 97 percent.
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