BOSTON, MA — (Marketwire) — 03/06/13 — Adra Match (), a global software firm specializing in advanced data matching and reconciliation management, announced the launch of Balancer, a new financial software solution to help finance managers streamline their financial close and consolidation processes. enables customers to close their books faster while meeting demands for better internal controls from investors and stakeholders.
Balancer will be available for demo at booth #2514 at , the premier Microsoft Dynamics community show, March 18-21, at the New Orleans Morial Convention Center.
Like a financial control system, Balancer offers a real-time overview that enables managers to monitor and streamline the entire balance sheet-reconciliation process. By replacing cumbersome spreadsheets and error-prone manual tasks, Balancer saves time while ensuring accuracy of the numbers and meeting compliance demands. Often pressured to complete the entire closing and reporting cycle in a few days, many customers have described the process as “a mad dash.”
“Balancer puts control back into the hands of finance managers who are under pressure to close their books faster and with higher levels of accuracy and trust,” said Martin Thunman, CEO of Adra Match. “In today-s unpredictable economy, business leaders need real-time and accurate view of their company-s financial picture. There is no room for risk — executives must be able to trust their numbers.”
Key features of Balancer include:
– fast & easy with document upload
– including timelines and overview
– to-do lists with clear segregation of duties
– advanced Message Center and 1-to-1 communication
– advanced rule-based account control
– reports and dashboards for real-time overview
– eliminating binders and photocopying
Balancer is offered as a software-as-a-service (SaaS), powered by Windows Azure, Microsoft-s global cloud platform. Designed to fit any sized organization, Balancer is offered in different feature editions ranging from $45 per user/month for the entry-level edition up to $195 per user/month for the most feature-rich edition, designed for the most demanding organizations.
The new Balancer product complements the company-s existing portfolio, which includes , a transaction-matching software, and , a payment matching software. Balancer will be available in Q2 2013.
Adra Match has 20 years- experience in providing software for advanced . Our products are primarily used by accounts departments to automate reconciliations. Automatic reconciliation helps organisations to work smarter and quicker, with better control and accuracy. Our solutions streamline and standardise accounts departments and give them an overview of the company-s balancing process at all times. Adra Match has its headquarters in Oslo, Norway and offices in Boston, Sweden, Denmark and United Kingdom. Among our 3,000 customers are Hertz, GE Capital, Old Mutual, IKEA and Telenor. Visit us at .
Steven Webster
Birnbach Communications for Adra Match
617-512-8635
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