Somerston Hotels Selects Trintech to Reduce Operational Risk

Somerston Hotels has selected Trintech’s ReconNET in an attempt to improve reconciliation and exception management processes while increasing operational efficiencies. “We’re growing at a rapid pace, and our existing reconciliation methodology is no longer efficient in terms of time, labour, and control,” said Janet Towers, finance director at Somerston Hotels. “With the aim and potential to double in size in the next few years, we wanted a scalable solution that will grow with us, as well as one that will streamline daily reconciliations, speed the identification of exceptions, increase resolution efficiencies, reduce operational costs, and help us improve reporting and gain greater financial controls.” Trintech say that the scalability of the system will give Somerston the ability to grow without the need to add the cost of additional personnel to manage processes underpinned by ReconNET.

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