Alimentation Couche-Tard Eastern Division has selected Trintech Group Plc’s ReconNET to automate funds reconciliation processes, monitor transactional risk and optimize the resolution and reporting of exceptions.
The selection is part of an expansion; Circle K Divisions in Arizona and Mac’s Convenience Stores in Ohio currently utilize the reconciliation system.
“We required an effective reconciliation solution that could scale to meet our needs, as well as allow us to independently tailor it to disparate reconciliation processes,” said Marcel Jacques, IT development manager for Couche-Tard Eastern Division.
“ReconNET will provide us with a great deal of autonomy. We’ll be able to expand the use of the system throughout the Division to streamline reconciliation processes and increase efficiencies.”
Through their collaborative approach with various internal business practices, Eastern Division IT developers will fully automate the reconciliation of thousands of accounts, track related exceptions more efficiently, and potentially reduce operational risk.