--- title: Financial Close description: Discover how to achieve a faster financial close with the Mero and Trintech partnership, streamlining your month-end processes. url: https://mero.co.nz/financial-close/ markdown_url: https://mero.co.nz/financial-close.md type: page slug: financial-close author: Morgan McGhee published: 2025-08-21T23:43:09Z modified: 2025-12-11T22:50:39Z language: en-US word_count: 1308 tokens: 2406 --- # Financial Close A SMARTER, FASTER FINANCIAL CLOSE FOR NEW ZEALAND ENTERPRISES Financial Close Automate your financial close, eliminating manual grind for speed and real-time clarity. New Zealand finance teams face mounting pressure to close faster, comply with local legislation, and deliver insights that truly drive strategy. Often outdated tools like manual spreadsheets and siloed systems get in the way, leading to errors, delays, and burnout. Contact Us (09) 574 1770 info@mero.co.nz Support Page Contact Us Mero, in partnership with Trintech, brings you the Adra Suite – a purpose-built solution that transforms how finance teams manage their month-end. It streamlines processes, enabling automation, accuracy, and real-time visibility across critical functions like transaction matching, reconciliation, task management, and journal entry. Together, we’re helping Kiwi businesses take the pain out of the close. Whether you’re centralising your finance function, improving reporting controls, or scaling for growth, Adra delivers a streamlined path to transformation. Why Adra for Your Financial Close? The Adra Suite is designed to tackle the common challenges of the financial close process head-on. With Mero’s local support and Trintech’s enterprise platform, this joint solution simplifies and elevates your financial operations. Here are the key business benefits you can expect with Adra: Close Faster with Automation Achieve up to a 60% reduction in time spent on the close process. Accelerate Reconciliation Experience up to 75% faster balance sheet reconciliation. Increase Visibility Gain real-time insights with dashboards and close task tracking. Trusted Local Support Rely on local implementation, training, and ongoing support from Mero. Ensure Compliance Built-in controls, comprehensive documentation, and audit trails provide peace of mind. Faster Deployment and Adoption Benefit from Trintech’s proven enablement and best practice frameworks for quick time to value. Strengthen Accuracy Multi-way transaction matching and risk-tiered reconciliations minimise errors. Audit Readiness Confidence in compliance, audit readiness, and month-end reporting using a fully supported, SaaS-based solution. Replace Spreadsheets Move beyond manual processes with structured, scalable workflows. Full ERP Integration A modern alternative to legacy systems, ensuring seamless integration and finance team alignment. 70%Reduction in time spent matching transactions 75%Reduction in time on reconciling balance sheet 60%Reduction in time on the close process Get all the details on how Adra + Mero can transform your financial close Download Our Brochure Comprehensive Solutions in the Adra Suite The Adra Suite addresses core challenges like reliance on legacy tools, lack of visibility, manual errors, and burnout associated with traditional financial close methods. It aims to improve accuracy, reduce risk, and significantly cut down the time spent on the financial close. The suite consists of several modules that work together seamlessly, offering unmatched visibility, control, and efficiency. Adra Matcher Automates transaction matching, reducing reconciliation time and focusing on exceptions. It features a powerful matching engine for various transaction types and continuous processing throughout the month, with very fast time to value. Learn More Adra Balancer Modernises balance sheet reconciliations by automating low-risk accounts, providing full visibility and control, and ensuring audit readiness. Expect weeks, not months, in delivery time. Learn More Adra Task Manager Centralises financial close checklists and tasks, improving collaboration, providing real-time progress visibility, and enforcing best practices through a modular approach. Learn More Adra Journal Entry Centralises journal entry creation and ERP posting, reducing manual work, errors, and improving auditability. Learn More Adra Analytics Offers robust reporting capabilities and insights into the close process, allowing users to track performance and identify areas for improvement, with an easy-to-learn interface. Learn More Addressing Common Financial Close Challenges COMMON CHALLENGES ADRA’S VALUE Account Reconciliation Manual account reconciliations • Excessive workload • Time consuming process with inaccuracies. Automates account reconciliation and certification process • Reduces the number of accounts that need manual intervention. • Improves productivity, reducing costs. Transaction Matching Complex data from multiple data sources • Manual matching and inefficient error resolution. Automated, accurate, and rapid transaction matching • Standardises and enriches poor quality data • Superior exception management capabilities. • Ensures accuracy to mitigate risk. Close Task Management Lack of visibility into the overall close • Complex, dependent tasks and items that need approvals. Simple interface for accurate, reliable, repeatable, highly visible workflow management • Quick identification of bottlenecks • Issue resolution workflows. • Empowers strategic decision-making. Journal Entry Workflow Manual journal posting directly into the ERP • Lack of visibility, workflow, and control over journal entry process. Simple interface for accurate journal entry postings with clear workflow. • Automation of Journal creation and posting. Addressing Common Financial Close Challenges Account Reconciliation Manual account reconciliations • Excessive workload • Time consuming process with inaccuracies. Adra’S value Automates account reconciliation and certification process • Reduces the number of accounts that need manual intervention. • Improves productivity, reducing costs. Transaction Matching Complex data from multiple data sources • Manual matching and inefficient error resolution. Adra’S value Automated, accurate, and rapid transaction matching • Standardises and enriches poor quality data • Superior exception management capabilities. • Ensures accuracy to mitigate risk. Close Task Management Lack of visibility into the overall close • Complex, dependent tasks and items that need approvals. Adra’S value Simple interface for accurate, reliable, repeatable, highly visible workflow management • Quick identification of bottlenecks • Issue resolution workflows. • Empowers strategic decision-making. Journal Entry Workflow Manual journal posting directly into the ERP • Lack of visibility, workflow, and control over journal entry process. Adra’S value Simple interface for accurate journal entry postings with clear workflow. • Automation of Journal creation and posting. Seamless Integration and Scalable SaaS Deployment Adra integrates easily with leading ERP systems and general ledgers, allowing you to automate matching, reconciliation, journal entries, and close checklists without needing to rip and replace. Mero provides expert implementation and training aligned with your existing finance stack, ensuring a smooth go-live. And as a cloud-native SaaS platform, Adra is quick to deploy and simple to scale across your finance function and wider enterprise. Built for New Zealand Finance Teams The Adra Suite is ideal for mid-market and enterprise-level finance departments across New Zealand looking to modernise their financial close process, fit for industries such as: Retail and consumer goods Professional services Government and public sector Education and not-for-profit Healthcare and aged care Organisations seeking to move beyond spreadsheets or replace costly legacy reconciliation tools will benefit from faster time to value, improved controls, and a platform that evolves with them, perfectly suited for the NZ market due to its fast time-to-value, modularity, and ease of learning. About Trintech Trintech empowers over 3,500 companies worldwide, including global enterprises like Commonwealth Bank, Woolworths, Telstra, and NZPost, to simplify and transform their financial operations. As a global leader, Trintech provides integrated solutions for account reconciliation, transaction matching, close task management, and journal entry workflow, designed to automate processes, ensure accuracy, and empower strategic decision-making. The Adra Suite is a trusted solution for modern finance teams, offering unmatched visibility, control, and efficiency across the financial close process. Trintech aims to improve productivity in finance and accounting by offering an integrated platform for CFOs, helping eliminate manual burdens and save time. As the Trintech partner in NZ, our consultants are trained to implement Adra quickly and effectively, ensuring your team gets maximum value with minimal disruption and helping your finance team make their month-end truly count. Helpful Resources The Adra Suite TRINTECH + MERO Exception Management The future of AI Financial Close Adra Task Manager Adra Matcher The AI Financial Close Adra Journal Entry Adra Balancer Solution for Microsoft Dynamics ADRA ANALYTICS Helpful Resources The Adra Suite TRINTECH + MERO Exception Management The future of AI Financial Close Adra Task Manager Adra Matcher The AI Financial Close Adra Journal Entry Adra Balancer Solution for Microsoft Dynamics ADRA ANALYTICS Ready to improve your financial close? Reach out to us today. Contact Us (09) 574 1770 info@mero.co.nz Support Page Contact Us Get all the details on how Adra + Mero can transform your financial close Download Our Brochure