{"id":6449,"date":"2021-12-22T14:00:23","date_gmt":"2021-12-22T14:00:23","guid":{"rendered":"https:\/\/www.trintech.com\/adra-planful-finance-automation-software-partnership\/"},"modified":"2026-01-14T20:59:22","modified_gmt":"2026-01-14T20:59:22","slug":"adra-planful-finance-automation-software-partnership","status":"publish","type":"post","link":"https:\/\/www.trintech.com\/blog\/adra-planful-finance-automation-software-partnership\/","title":{"rendered":"Trintech and Planful: Finance Automation Software to Power a Smarter Close"},"content":{"rendered":"
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Trintech and Planful: Finance Automation Software to Power a Smarter Close<\/h1>\n

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Today\u2019s finance and accounting teams have an opportunity to make a real impact on their business when they focus on strategic activities. Investing in powerful financial forecasting models \u2013 rather than spending time on the traditional day-to-day tasks typically related to the financial close process \u2013 can demonstrate tangible value added to a business. This only reasserts F&A teams as the backbone of a strong organization.<\/p>\n

And yet, financial data integration remains shockingly manual<\/strong>.<\/strong><\/h2>\n

According to our research<\/a>, 88% of finance teams lack automated processes, preventing an efficient financial close. Even among those with finance automation software in any capacity, 45% report that their current capability is still very basic, enabling simple tasks like the exporting of spreadsheets from their ERP but not much else.<\/p>\n

Utilizing a manual, decentralized tool like spreadsheets can actually create more problems than it solves<\/a>. Pulling data from your ERP and entering it into spreadsheets leaves room for human error, and the review and approval process gets cluttered by numerous versions of the same documents.<\/p>\n

If your team is currently handling the month end close process without a modern solution like finance automation software, you could be leaving the door open to serious issues like:<\/p>\n