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Bitstamp Leverages Automation for Increased Standardization and Greater Control across the Financial Close

Since implementing Adra, Bitstamp has seen several benefits, such as increased confidence in the quality of their data, more time to focus on strategic initiatives with greater efficiency, visibility into bottlenecks of their existing processes, and control across their reconciliation and close processes.

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Why Adra® by Trintech?

Faced with the realization that their manual processes were no longer manageable, Bitstamp began to investigate solutions that could offer increased efficiency, visibility, and control across their reconciliation and close processes. “When it came time to analyze the different solutions in the market, I reached out to Trintech as I had partnered with them at a previous company and had a very positive experience,” said Gallimore.

After reviewing Adra® by Trintech, Bitstamp decided to implement Adra Balancer to help with their account reconciliation automation and Adra Task Manager to automate their financial close management tasks. Bitstamp also implemented Trintech’s SAP connector to allow for direct integration of data between Adra and their SAP ERP instance. “The time savings we have achieved from the direct integration of data between Adra and SAP has been tremendous,” continued Gallimore.

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