{"id":16788,"date":"2023-05-08T13:58:50","date_gmt":"2023-05-08T13:58:50","guid":{"rendered":"https:\/\/www.trintech.com\/?post_type=case-study&p=16788"},"modified":"2026-01-20T19:55:07","modified_gmt":"2026-01-20T19:55:07","slug":"selectquote-gains-complete-visibility-and-control-into-their-reconciliation-and-financial-close-with-adra-by-trintech","status":"publish","type":"case-study","link":"https:\/\/www.trintech.com\/case-study\/selectquote-gains-complete-visibility-and-control-into-their-reconciliation-and-financial-close-with-adra-by-trintech\/","title":{"rendered":"SelectQuote Gains Complete Visibility and Control into Their Reconciliation and Financial Close with Adra\u00ae by Trintech"},"content":{"rendered":"
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SelectQuote Gains Complete Visibility and Control into Their Reconciliation and Financial Close with Adra\u00ae by Trintech<\/h1>\n

Case Study<\/p>\n <\/div>\n

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Share<\/h2>\n
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Key Drivers for Automation<\/h2>\n\n\n\n

Prior to implementing Adra, SelectQuote struggled with a highly manual and decentralized financial close process. <\/strong>\u201cBecause we conducted the process within Excel, the team was spending an unnecessary amount of time trying to figure out the status of the close process when they should have been focused on investigating the exceptions,\u201d said Pushkar Wazat, Senior Director of Finance Operations at SelectQuote. \u201cThe administrative work of keeping the process in sync was falling on the shoulders of our Controller, whose time is very valuable, so we knew we needed to look for a solution as this would not be sustainable long-term.\u201d<\/p>\n\n\n\n

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Why SelectQuote Chose Adra\u00ae by Trintech<\/h2>\n\n\n\n

SelectQuote was looking to increase their visibility with a solution that provided a clear checklist of tasks and would allow them to save time spent on manual work to refocus on higher value-added work. <\/strong>\u201cInstead of searching for information via email or looking in various folders, we wanted to log into a solution to access all the information we would need in one place. In addition, this would also allow us to give our auditors a login to find exactly what they need versus them having to come to our team to help find the information,\u201d continued Wazat. \u201cWhen we looked at the Adra Suite, it had both components we were looking for. It had the task list component and the NetSuite integration to pull in the balances and help our accounting professionals conduct all reconciliations within one solution.\u201d<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n\n

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With Adra, our Controller now has a good understanding of where we are in the close cycle or if a particular task is holding us up which has provided a lot of clarity.<\/p>\n <\/blockquote>\n\n

\n Pushkar Wazat, Senior Director of Finance Operations<\/span>\n \n SelectQuote<\/span>\n <\/figcaption>\n\n <\/figure>\n <\/div>\n\n
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Effortless Implementation<\/h2>\n\n\n\n

The Finance and Accounting department at SelectQuote took to the Adra Suite very quickly. Wazat stated, \u201cIt was an initiative where the end user would benefit most. Our team is made up of intelligent individuals who were wasting time on administrative work. Implementing Adra freed up their time, so the reception to the solution was very positive.\u201d <\/p>\n\n\n\n

SelectQuote found the initial implementation process very straightforward and was eager to move forward with the solution. \u201cThe realization that much of the manual work would be removed from their day-to-day was a driving force, and it was very well received,\u201d added Wazat. With the help of Trintech\u2019s team, SelectQuote connected the Adra Suite to their ERP, NetSuite, and walked through setting up subsidiaries, how to import accounts, and other processes that supported their team\u2019s further success with the solution.<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n\n

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ROI Achieved<\/h2>\n\n\n\n

Today, SelectQuote utilizes Adra Balancer and Task Manager to streamline their reconciliation and financial close processes. With over 300 accounts in Balancer and 200 tasks in Task Manager, SelectQuote has increased transparency across their close tasks and reconciliations. \u201cWith Adra, our Controller now has a good understanding of where we are in the close cycle or if a particular task is holding us up which has provided a lot of clarity,\u201d continued Wazat. \u201cA central dashboard showing us 15 accounting professionals are working on a checklist of 100 items allows us to clearly see whether a task is a dependency for something else or if there are any blockers, so the visibility was a huge win.\u201d<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n\n

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Seamless Netsuite Integration<\/h2>\n\n\n\n

In addition, connecting SelectQuote\u2019s ERP, NetSuite, to Adra Balancer has been a big-time savings for their team. \u201cWe went from a world of downloading reports out of NetSuite into individual spreadsheets to balance reconciliations, and now we don\u2019t have to download anything. With a click of a button, all the NetSuite balances appear within Adra Balancer,\u201d said Wazat. On top of saving time, the integration of NetSuite with the Adra Suite also alleviates the risk of their team downloading multiple versions of the same report. \u201cWith Adra Balancer, we know that everyone is looking at the same balance every single morning when we pull the data from NetSuite.\u201d<\/p>\n\n\n\n

\u201cAdra has had a discernable impact on our close process, and the solution is very well received,\u201d said Wazat. With increased visibility, ERP integration into NetSuite, and a continuous documentation trail, the SelectQuote team can close quickly and confidently and devote more of their time to projects that add value to the organization.<\/p>\n\n\n\n

In the future, SelectQuote would like to further explore the capabilities of the Adra Suite to discover how it can be used outside of their Finance and Accounting team.<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n

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Read the Full Case Study<\/h2>\n\n\n\n

Discover key insights and actionable strategies by downloading our full case study.<\/p>\n\n\n\n

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Download Case Study<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
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See Trintech in Action<\/h2>\n\n\n\n

Seeing is believing. Discover why Trintech is the real leader in financial close automation.<\/p>\n\n\n\n

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Book a Demo<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Key Drivers for Automation Prior to implementing Adra, SelectQuote struggled with a highly manual and decentralized financial close process. \u201cBecause we conducted the process within Excel, the team was spending an unnecessary amount of time trying to figure out the status of the close process when they should have been focused on investigating the exceptions,\u201d said Pushkar Wazat, Senior Director of Finance Operations at SelectQuote. \u201cThe administrative work of keeping the process in sync was falling on the shoulders of our Controller, whose time is very valuable, so we knew we needed to look for a solution as this would not be sustainable long-term.\u201d<\/p>\n","protected":false},"featured_media":33363,"template":"","topic":[69,64,71,67],"product":[82,87,86],"class_list":["post-16788","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","topic-account-reconciliation","topic-financial-close","topic-improve-visibility","topic-increase-efficiency-effectiveness","product-adra","product-balancer","product-task-manager"],"acf":[],"lang":"en","translations":{"en":16788},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/16788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study"}],"about":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/types\/case-study"}],"version-history":[{"count":1,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/16788\/revisions"}],"predecessor-version":[{"id":49091,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/16788\/revisions\/49091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media\/33363"}],"wp:attachment":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media?parent=16788"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/topic?post=16788"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/product?post=16788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}