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Trintech Group Plc, a leading provider of integrated financial governance, risk management and compliance software solutions, announced that RONA has selected its ReconNET software for financial process compliance. ReconNET is a component of Trintech’s Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.
RONA is the largest Canadian distributor and retailer of hardware, renovation and gardening products. RONA operates a network of close to 700 corporate, franchise and affiliate stores of various sizes and formats. With close to 30,000 employees working under its family of banners in every region of Canada and more than 15 million square feet of retail space, the RONA store network generates over $6.3 billion in annual retail sales.
Through a suite of software modules, Trintech’s Unity platform enables companies like RONA to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten cycle times and reduce the risk of material weaknesses and restatements.
Trintech’s ReconNET module, the world’s leading account reconciliation software solution for high-volume account matching, automates daily, monthly, and periodic reconciliation and balancing of financial accounts. With ReconNET’s customizable business rules and automated reconciliation, staff can process accounts and transactions quickly, accurately, and consistently in compliance.
RONA joins over 600 leading global organizations benefiting from Trintech’s configurable and highly scalable solutions.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
