{"id":7131,"date":"2020-07-15T13:05:11","date_gmt":"2020-07-15T13:05:11","guid":{"rendered":"https:\/\/www.trintech.com\/case-study\/marginalen-bank\/"},"modified":"2025-06-05T14:24:00","modified_gmt":"2025-06-05T14:24:00","slug":"marginalen-bank","status":"publish","type":"case-study","link":"https:\/\/www.trintech.com\/case-study\/marginalen-bank\/","title":{"rendered":"Marginalen Bank Saves 50-70% on Time Spent on Reconciliations with Adra\u00ae by Trintech"},"content":{"rendered":"
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Marginalen Bank Saves 50-70% on Time Spent on Reconciliations with Adra\u00ae by Trintech<\/h1>\n

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

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Share<\/h2>\n
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Business Drivers to Automate<\/h2>\n\n\n\n

Marginalen Bank is a popular bank in Sweden with very high flow through its bank account but struggled with a highly manual and inefficient reconciliation process. \u201cWe used to conduct all of our reconciliations manually,\u201d said Gunilla Eriksson, Head of Funds Management at Marginalen Bank. <\/p>\n\n\n\n

\u201cAnyone who has ever sat at the kitchen table at night matching up 30 pages of bank statements using a yellow and a red pen without success knows what that process is like!\u201d<\/strong> Marginalen Bank quickly realized how much time and manual effort they were spending on this process and knew they needed to implement a solution because the process was becoming unmanageable.<\/p>\n\n\n\n

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I have been in this line of work for a long time, and tend to be quite critical, but this is probably among the smartest solutions I have seen. I am very satisfied!\u201d<\/p>\n <\/blockquote>\n\n

\n Gunilla Eriksson<\/span>\n \n Head of Funds Management<\/span>\n <\/figcaption>\n\n <\/figure>\n <\/div>\n\n
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Why Adra\u00ae by Trintech?<\/h2>\n\n\n\n

\u201cOur goal was to find a solution that would automatically reconcile 80-90% of or accounts,\u201d<\/strong> continued Erikkson. After evaluating a few solutions in the market, Marginalen decided to implement Adra. <\/p>\n\n\n\n

\u201cIt was obvious that the developers of Adra are very familiar with how the reconciliation process works<\/strong>,\u201d said Eriksson. \u201cThey have understood it and created a solution that works. It\u2019s strange that no one else has managed that. I take my hat off to them!\u201d<\/p>\n\n\n\n

\u201cWe have benefitted significantly from implementing Adra and that success is hugely attributed to the Adra implementation team<\/strong>,\u201d continued Eriksson.<\/p>\n\n<\/div>\n <\/div>\n<\/div>\n\n\n

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They know exactly what they are doing and are able to customize the solution to meet our unique needs. They also respond as soon as we lift the phone and ask for any support\u2014the investment is well worth the money!\u201d <\/p>\n <\/blockquote>\n\n

\n Gunilla Eriksson<\/span>\n \n Head of Funds Management<\/span>\n <\/figcaption>\n\n <\/figure>\n <\/div>\n\n
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Solution in Action<\/h2>\n\n\n\n

Marginalen Bank believes the main advantage of Adra is about the time and money saved. \u201cWe have saved 50-70% on time spent on reconciliations each month,\u201d said Eriksson. \u201cThanks to Adra, we are finished with out reconciliations by the 10th of each month. I find it hard to imagine that there are still companies that do not reconcile automatically. We could never manage it!\u201d <\/strong><\/p>\n\n\n\n

\u201cIn the latest version of Adra, multiple users can use the same product license. We have gone from being one user to seven, so I was able to recover the price increase after only two months. We have also been innovative with the solution and use automated reconciliation in other areas, such as the intercompany loans within the group. I am now in the process of including the ledger. It is absolutely superb,\u201d <\/strong>said Eriksson.<\/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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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":"

Business Drivers to Automate Marginalen Bank is a popular bank in Sweden with very high flow through its bank account but struggled with a highly manual and inefficient reconciliation process. \u201cWe used to conduct all of our reconciliations manually,\u201d said Gunilla Eriksson, Head of Funds Management at Marginalen Bank. \u201cAnyone who has ever sat at the kitchen table at night matching up 30 pages of bank statements using a yellow and a red pen without success knows what that process is like!\u201d Marginalen Bank quickly realized how much time and manual effort they were spending on this process and knew they needed to implement a solution because the process was …<\/p>\n","protected":false},"featured_media":33333,"template":"","topic":[69,67,72],"product":[82],"class_list":["post-7131","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","topic-account-reconciliation","topic-increase-efficiency-effectiveness","topic-intercompany","product-adra"],"acf":[],"lang":"en","translations":{"en":7131},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/7131","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\/7131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media\/33333"}],"wp:attachment":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media?parent=7131"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/topic?post=7131"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/product?post=7131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}