{"id":39711,"date":"2025-03-14T22:02:15","date_gmt":"2025-03-14T22:02:15","guid":{"rendered":"https:\/\/www.trintech.com\/?post_type=case-study&#038;p=39711"},"modified":"2026-02-02T15:59:05","modified_gmt":"2026-02-02T15:59:05","slug":"forum-credit-union-achieves-immediate-roi-with-frontier","status":"publish","type":"case-study","link":"https:\/\/www.trintech.com\/case-study\/forum-credit-union-achieves-immediate-roi-with-frontier\/","title":{"rendered":"FORUM Credit Union Achieves Immediate ROI with Frontier"},"content":{"rendered":"<div  class=\"resource-hero-block alignfull\" >\n\t<div class=\"maybe-wrapper\">\n        <div class=\"hero-top\">\n            <div class=\"hero-title\">\n                <h1>FORUM Credit Union Achieves Immediate ROI with Frontier<\/h1>\n                <p class=\"type\">Case Study<\/p>\n                            <\/div>\n            <div class=\"hero-share\">\n                <h2>Share<\/h2>\n                <div class=\"socials\">\n  <a class=\"email\" href=\"mailto:?subject=FORUM+Credit+Union+Achieves+Immediate+ROI+with+Frontier&#038;body=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fforum-credit-union-achieves-immediate-roi-with-frontier%2F\">\n    <span class=\"screen-reader-text\">Email<\/span><span class=\"icon icon-mail\"><\/span>\n  <\/a>\n  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fforum-credit-union-achieves-immediate-roi-with-frontier%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Twitter<\/span><span class=\"icon icon-x\"><\/span><\/a>\n  <a href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fforum-credit-union-achieves-immediate-roi-with-frontier%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Facebook<\/span><span class=\"icon icon-facebook\"><\/span><\/a>\n  <a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fforum-credit-union-achieves-immediate-roi-with-frontier%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Linkedin<\/span><span class=\"icon icon-linkedin\"><\/span><\/a>\n<\/div>            <\/div>\n        <\/div>\n\n        \n\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">Business Drivers to Automate<\/h2>\n\n\n\n<p>The accounting department at FORUM Credit Union, a member-owned financial cooperative based in Fishers, Indiana, was juggling a complex, error-prone and time-consuming reconciliation process that wasn\u2019t providing the level of detail they needed. Their manual reconciliation processes, particularly for credit and debit card transactions, involved multiple software tools and extensive manual intervention that took hours each week.<\/p>\n\n\n\n<p class=\"has-text-align-left\">FORUM Credit Union had been a Frontier user since 2019, initially only using it to reconcile their Federal Reserve, accounts payable and corporate credit union accounts, as well as their mobile deposits, but in 2024 the team engaged with Frontier Professional Services with the ultimate goal of getting their <a href=\"https:\/\/www.trintech.com\/ebook\/automate-your-balance-sheet-reconciliations-to-improve-accuracy\/\" target=\"_blank\" rel=\"noreferrer noopener\">entire balance sheet on Frontier<\/a>.\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-left\">The new solution offered several advantages:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eliminated the need for Monarch and Access software, resulting in cost savings and a more stable, predictable process.<\/li>\n\n\n\n<li>Reports are downloaded daily and consumed directly into Frontier without any pre-processing.<\/li>\n\n\n\n<li>Frontier&#8217;s ability to import and match activity saved an estimated 45-60 minutes each day.<\/li>\n\n\n\n<li>Exception items are immediately visible, eliminating the need for separate exception reports.<\/li>\n<\/ul>\n\n\n\n<div      class=\"billboard-block alignfull is-style-image-first billboard-block-- includes-test\">\n     <div class=\"billboard-block__image\">\n          <img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2021\/04\/regnskapskontor-til-hjemmekontor.jpg\" alt=\"Desktop with laptop, mouse and other desk items\">\n\n                    <figure class=\"billboard-block__testimonial\">\n               <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"63\" height=\"48\" viewBox=\"0 0 63 48\" fill=\"none\">\n                    <path d=\"M24.9149 0L27.6106 9.92569C23.9137 11.2181 20.9613 12.9758 18.7534 15.1987C16.5455 17.37 15.2362 20.2908 14.8255 23.9612L13.5161 22.8756C17.4184 22.8756 20.5762 24.0905 22.9894 26.5202C25.454 28.9499 26.6863 31.9225 26.6863 35.4378C26.6863 39.2116 25.454 42.2617 22.9894 44.588C20.5762 46.8627 17.4184 48 13.5161 48C9.61387 48 6.45611 46.63 4.04286 43.8901C1.68095 41.1502 0.5 37.0921 0.5 31.7157C0.5 25.4604 1.68095 20.1357 4.04286 15.7415C6.45611 11.2956 9.51118 7.78029 13.2081 5.19548C16.9563 2.55897 20.8586 0.827141 24.9149 0ZM59.8043 0L62.5 9.92569C58.8031 11.2181 55.8507 12.9758 53.6429 15.1987C51.435 17.37 50.1257 20.2908 49.7149 23.9612L48.4056 22.8756C52.3079 22.8756 55.4656 24.0905 57.8789 26.5202C60.3435 28.9499 61.5758 31.9225 61.5758 35.4378C61.5758 39.2116 60.3435 42.2617 57.8789 44.588C55.4656 46.8627 52.3079 48 48.4056 48C44.5033 48 41.3456 46.63 38.9323 43.8901C36.5704 41.1502 35.3894 37.0921 35.3894 31.7157C35.3894 25.4604 36.5704 20.1357 38.9323 15.7415C41.3456 11.2956 44.4006 7.78029 48.0975 5.19548C51.8458 2.55897 55.748 0.827141 59.8043 0Z\"\n                         fill=\"#C4E538\" \/>\n               <\/svg>\n\n               <blockquote>\n                    <p>Implementing Frontier has saved us an immense amount of time and money. It&#8217;s been a game-changer for our reconciliation processes.&#8221;<\/p>\n               <\/blockquote>\n\n               <figcaption>\n                                        <span class=\"author\">Jim Catanzarite<\/span>\n                    \n                                        <span class=\"role\">Assistant Vice President of Accounting<\/span>\n                                   <\/figcaption>\n\n          <\/figure>\n               <\/div>\n\n     <div class=\"billboard-block__content\">\n          <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading has-text-align-left\">Proof Points<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eliminated the expense of Monarch software, achieving immediate ROI on the professional services engagement.<\/li>\n\n\n\n<li>Saved significant time (about an hour a day) with Frontier&#8217;s automated import and matching capabilities.<\/li>\n\n\n\n<li>Improved accuracy and reduced the potential for errors and fraud.<\/li>\n\n\n\n<li>Increased employee satisfaction by reducing manual workload and allowing staff to focus on higher-value tasks.<\/li>\n<\/ul>\n\n<\/div>\n     <\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">\u201cImmense\u201d Time Savings and Elimination of Other Software<\/h2>\n\n\n\n<p class=\"has-text-align-left\">After a few years of using Frontier to reconcile accounts on a limited basis, FORUM Credit Union recognized the need for a more efficient and automated solution to handle the high volume of transactions and reduce manual intervention for their credit and debit card settlement process. The credit union had been using a combination of Monarch software, an Access Database and Excel to manage these reconciliations, which was both time-consuming and costly.The Road to 100% Balance Sheet Automation<\/p>\n\n\n\n<p>The reconciliation process involved:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Downloading large reports of credit and debit card activity and storing them in a folder.<\/li>\n\n\n\n<li>Importing these reports into a Monarch model to produce linear extracts.<\/li>\n\n\n\n<li>Uploading the Monarch extracts into an Access Database for matching purposes to identify exceptions.<\/li>\n\n\n\n<li>Manually plugging exceptions into an Excel reconciliation and clearing old carry-over exception items.<\/li>\n<\/ul>\n\n\n\n<p>Jim Catanzarite, Assistant Vice President of Accounting, and Alisa Tridle, Accounting Assistant Manager, were highly involved in the initiative to expand the usage of Frontier and shared their experience with us.<\/p>\n\n\n\n<p>&#8220;Implementing Frontier has saved us an immense amount of time,&#8221; said Catanzarite. &#8220;We were able to eliminate the cost of Monarch software and significantly reduce the time spent on daily reconciliations.&#8221;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div      class=\"billboard-block alignfull is-style-image-second billboard-block-- includes-test\">\n     <div class=\"billboard-block__image\">\n          <img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2022\/10\/business-man-banking.jpg\" alt=\"Man putting credit card in his suite pocket\">\n\n                    <figure class=\"billboard-block__testimonial\">\n               <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"63\" height=\"48\" viewBox=\"0 0 63 48\" fill=\"none\">\n                    <path d=\"M24.9149 0L27.6106 9.92569C23.9137 11.2181 20.9613 12.9758 18.7534 15.1987C16.5455 17.37 15.2362 20.2908 14.8255 23.9612L13.5161 22.8756C17.4184 22.8756 20.5762 24.0905 22.9894 26.5202C25.454 28.9499 26.6863 31.9225 26.6863 35.4378C26.6863 39.2116 25.454 42.2617 22.9894 44.588C20.5762 46.8627 17.4184 48 13.5161 48C9.61387 48 6.45611 46.63 4.04286 43.8901C1.68095 41.1502 0.5 37.0921 0.5 31.7157C0.5 25.4604 1.68095 20.1357 4.04286 15.7415C6.45611 11.2956 9.51118 7.78029 13.2081 5.19548C16.9563 2.55897 20.8586 0.827141 24.9149 0ZM59.8043 0L62.5 9.92569C58.8031 11.2181 55.8507 12.9758 53.6429 15.1987C51.435 17.37 50.1257 20.2908 49.7149 23.9612L48.4056 22.8756C52.3079 22.8756 55.4656 24.0905 57.8789 26.5202C60.3435 28.9499 61.5758 31.9225 61.5758 35.4378C61.5758 39.2116 60.3435 42.2617 57.8789 44.588C55.4656 46.8627 52.3079 48 48.4056 48C44.5033 48 41.3456 46.63 38.9323 43.8901C36.5704 41.1502 35.3894 37.0921 35.3894 31.7157C35.3894 25.4604 36.5704 20.1357 38.9323 15.7415C41.3456 11.2956 44.4006 7.78029 48.0975 5.19548C51.8458 2.55897 55.748 0.827141 59.8043 0Z\"\n                         fill=\"#C4E538\" \/>\n               <\/svg>\n\n               <blockquote>\n                    <p>[Frontier] hasn&#8217;t been a staff eliminator, which we don&#8217;t want it to be, it&#8217;s more been a staff maintainer. As the credit union continues to grow, we can be staffed at the same level and leverage technology more.\u201d<\/p>\n               <\/blockquote>\n\n               <figcaption>\n                                        <span class=\"author\">Jim Catanzarite<\/span>\n                    \n                                        <span class=\"role\">Assistant Vice President of Accounting<\/span>\n                                   <\/figcaption>\n\n          <\/figure>\n               <\/div>\n\n     <div class=\"billboard-block__content\">\n          <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading has-text-align-left\">Immediate ROI on  Investment<\/h2>\n\n\n\n<p>The best part? The cost of the new reconciliation process built by Trintech&#8217;s Professional Services was less than the cost of the software it eliminated, meaning FORUM Credit Union was net positive from Day 1. The new process allowed them to streamline their operations and improve accuracy. The reports are now directly consumed into Frontier, and the time saved is estimated at 45-60 minutes daily. Exception items are immediately visible in the reconciliation, eliminating the need for separate exception reports. Today, FORUM\u2019s matching accuracy with Frontier is estimated at 99%, according to Catanzarite.<\/p>\n\n\n\n<p>Because the tool is so easy to use, balancing debit and credit card transactions and exception management doesn\u2019t have to be handled by someone with in-depth training and years of experience. Tridle added, &#8220;We&#8217;ve restructured our department based on Frontier. Tasks that used to take hours are now completed in minutes. I\u2019m now able to focus on building out Frontier and making it even more efficient.\u201d<\/p>\n\n<\/div>\n     <\/div>\n<\/div>\n\n<div  class=\"background-container-block alignfull has-blue-background-color\" >\n     <div class=\"maybe-wrapper\">\n          <div class=\"inner-container no-background\">\n               <div class=\"acf-innerblocks-container\">\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:47.5%\">\n<h2 class=\"wp-block-heading\">Read the Full Case Study<\/h2>\n\n\n\n<p>Discover key insights and actionable strategies by downloading our full case study.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/go.trintech.com\/rs\/187-JVG-370\/images\/WC-TT-NA-CS-2025-ForumCreditUnion.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Case Study<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:8%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:47.5%\">\n<h2 class=\"wp-block-heading\">See Trintech in Action<\/h2>\n\n\n\n<p>Seeing is believing. Discover why Trintech is the real leader in financial close automation.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.trintech.com\/book-a-demo\/\">Book a Demo <\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n          <\/div>\n     <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Business Drivers to Automate The accounting department at FORUM Credit Union, a member-owned financial cooperative based in Fishers, Indiana, was juggling a complex, error-prone and time-consuming reconciliation process that wasn\u2019t providing the level of detail they needed. Their manual reconciliation processes, particularly for credit and debit card transactions, involved multiple software tools and extensive manual intervention that took hours each week. FORUM Credit Union had been a Frontier user since 2019, initially only using it to reconcile their Federal Reserve, accounts payable and corporate credit union accounts, as well as their mobile deposits, but in 2024 the team engaged with Frontier Professional Services with the ultimate goal of getting their &hellip;<\/p>\n","protected":false},"featured_media":39712,"template":"","topic":[69,64,67],"product":[662,238],"class_list":["post-39711","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","topic-account-reconciliation","topic-financial-close","topic-increase-efficiency-effectiveness","product-frontier","product-banking"],"acf":[],"lang":"en","translations":{"en":39711},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/39711","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\/39711\/revisions"}],"predecessor-version":[{"id":49795,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/39711\/revisions\/49795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media\/39712"}],"wp:attachment":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media?parent=39711"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/topic?post=39711"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/product?post=39711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}