Solutions for Accounting

Cash reconciliation.
Automated.

Trovata makes it easier for accountants to do their jobs. Automate your month-end close process by aggregating, normalizing, and storing all of your bank balances and transactions into a spreadsheet-like interface.

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Cash accounting.
Done.

Manual processes force accounting professionals to spend hours in spreadsheets, resulting in less time for strategic initiatives. In Trovata, users can assign transactions to general ledger account codes. New transactions that flow into Trovata are automatically tagged to general ledger account codes to assist with the cash accounting process. Transactional data with general ledger account codes can be formatted so you can export your cash transactions directly into an uploadable file for your ERP system. This helps create a more efficient, less manual cash accounting process.

Cash visibility & insights.
Improved.

With Trovata synthesizing all of your bank data in one place, you’ll have a detailed understanding of the cash components that make up your financial statements. Transaction flows like payroll, accounts payable, accounts receivable, and more can be identified in seconds with Google-like transaction search, enabling you to categorize transactions and identify key insights about your data.

Consolidation of cash data for reporting. Made easy.

As month end, quarter end, and year end deadlines approach, accounting professionals dread the process of consolidating subsidiary data for consolidated financial statements and reporting. Trovata makes consolidation of entities, regions, and divisions within your organization easy by assigning bank accounts to relevant subsidiaries, concentrations, and geographic locations.

Don’t worry about logging into countless bank portals and relying on spreadsheets to source your consolidated cash information ever again. Instead, have instant visibility into both granular subsidiary cash information, and parent company consolidated cash information in one place.

Trovata Integrations Make Reconciliation Easier

Trovata’s integration with FloQast is helping joint clients get the most out of FloQast’s AutoRec matching tool, accelerating reconciliation. By automating bank transaction feeds, Trovata eliminates the manual effort of data exporting and uploading.

This translates to significant time savings, increased accuracy, and a more efficient focus on handling unmatched transactions.

Trovata’s integration with Sage Intacct through its API Bank Connector™ streamlines cash management and bank reconciliation for Sage customers. The integration enables automated transfers of daily bank transactions into accounting systems, enhancing efficiency and accuracy for accounting teams.

Read more about the integration in our press release here.

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Accounting Automation Guide

Learn how to embrace digital transformation in the Accounting department with our Guide to Accounting Automation.

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