{"id":47312,"date":"2025-11-13T21:16:49","date_gmt":"2025-11-13T21:16:49","guid":{"rendered":"https:\/\/www.trintech.com\/?post_type=case-study&p=47312"},"modified":"2025-11-13T21:16:50","modified_gmt":"2025-11-13T21:16:50","slug":"ferraro-foods-planful","status":"publish","type":"case-study","link":"https:\/\/www.trintech.com\/case-study\/ferraro-foods-planful\/","title":{"rendered":"Ferraro Foods Streamlines Reconciliations and Close Using Planful and Trintech"},"content":{"rendered":"
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Ferraro Foods Streamlines Reconciliations and Close Using Planful and Trintech<\/h1>\n

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

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Share<\/h2>\n
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Overview<\/h2>\n\n\n\n

As it moved to Planful for financial planning and close and consolidation, it looked upstream and recognized account reconciliations as the key to faster, more accurate financial data. Adding Trintech eliminated repetition and added accountability to its reconciliation process, saving as much as one day per day for its accounting team.<\/p>\n\n\n\n

Ferraro Foods delivers delicious products to over 8,000 customers in 26 states. As its business grew and locations\/subsidiaries multiplied, it became more difficult to gain an accurate and timely view into the company\u2019s financial performance. Financial data resided in one of two ERP systems, and with
consolidations run in Excel, it wasn\u2019t just hard to resolve errors; they weren\u2019t even noticed until the close process was in motion or completed.<\/p>\n\n\n\n

With a transition to Planful already underway, Johann Cabe, VP of FP&A at Ferraro Foods, and team decided to also streamline its financial performance management processes from the very beginning, at reconciliation, by automating and eliminating much of the manual effort. The company had relied on an email- and spreadsheet-driven process that was entirely manual and lacked accountability. Ferraro Foods was able to gain control of their financial close calendar and automate their large volume reconciliations.<\/p>\n\n\n\n

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Across our team of four, Trintech saves each about two hours per day. We\u2019re saving a day\u2019s worth of effort every day.”<\/p>\n <\/blockquote>\n\n

\n Johann Cabe<\/span>\n \n VP of FP&A at Ferraro Foods<\/span>\n <\/figcaption>\n\n <\/figure>\n <\/div>\n\n
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Adding Trintech for Better, Faster Large-Volume Reconciliations<\/h2>\n\n\n\n

Ferraro Foods chose to enhance its Planful implementation by automating their reconciliation process using Trintech\u2019s solutions to standardize, automate, and accelerate reconciliation workflows. It would also make data more trusted as it flowed into close and consolidation processes, and beyond.<\/p>\n\n\n\n

Ferraro Foods particularly relies on Adra Matcher to reduce time spent on month-end transaction matching. It can match and reconcile large volumes of transactions quickly and accurately including daily banking transactions, even across different systems and data sources. This takes the repetition out of balance sheet reconciliation for a financial close that\u2019s fast, accurate, and easy to manage while allowing time to concentrate on the most important accounts.<\/p>\n\n\n\n

\u201cReconciliation takes a lot of time, but it\u2019s mostly a redundant effort,\u201d added Johann. \u201cI\u2019d say 80% of the work is just matching across thousands of transactions. So don\u2019t do it; let Trintech take care of it. Trintech\u2019s solution turns hours into an hour, or less. Across our team of four, Trintech saves each about two hours per day. We\u2019re saving a day\u2019s worth of effort every day.\u201d That time saved during reconciliation gives analysts the freedom and flexibility to focus on more valuable efforts, and the reconciliations from Trintech\u2019s solution immediately flow into Planful to kickstart close and consolidation.<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n

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Taking Control of Period End Close Management<\/h2>\n\n\n
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By implementing Trintech, Ferraro Foods significantly improved visibility and gained control of their financial close calendar. With Trintech\u2019s period-end close and task management solutions, Ferraro Foods was able to track and monitor close activities, assign and ensure completion of close tasks, set deadlines, and collaborate across teams and people.<\/p>\n\n\n\n

\u201cJust like Planful gives us visibility into and control over our financial consolidation process, Trintech gives us the same for reconciliation,\u201d Johann said. \u201cAre the account reconciliations done? Are they done correctly? Have they been submitted on time? There\u2019s a constant set of checks and balances to
ensure all components of our close process are done correctly and on time. And we can rely on Planful as the system of record for auditing, too, because we trust the data.\u201d<\/p>\n\n\n\n

As a result, Ferraro Foods has achieved impressive results with their close duration reduced from 10 business days to just four and a half days. This improvement was attributed to Trintech\u2019s reconciliation capabilities, enabling the identification and resolution of errors before the close process commenced.<\/p>\n\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":"

Overview As it moved to Planful for financial planning and close and consolidation, it looked upstream and recognized account reconciliations as the key to faster, more accurate financial data. Adding Trintech eliminated repetition and added accountability to its reconciliation process, saving as much as one day per day for its accounting team. Ferraro Foods delivers delicious products to over 8,000 customers in 26 states. As its business grew and locations\/subsidiaries multiplied, it became more difficult to gain an accurate and timely view into the company\u2019s financial performance. Financial data resided in one of two ERP systems, and withconsolidations run in Excel, it wasn\u2019t just hard to resolve errors; they weren\u2019t …<\/p>\n","protected":false},"featured_media":47313,"template":"","topic":[69,734,67,68],"product":[82,419,756,218,88],"class_list":["post-47312","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","topic-account-reconciliation","topic-erp-integration","topic-increase-efficiency-effectiveness","topic-transaction-matching","product-adra","product-adramatcher","product-ind-restaurants-food-services","product-planful","product-matcher"],"acf":[],"lang":"en","translations":{"en":47312},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/47312","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":0,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/47312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media\/47313"}],"wp:attachment":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media?parent=47312"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/topic?post=47312"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/product?post=47312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}