David Lloyd Leisure has selected Trintech's ReconNet
platform to help improve daily productivity and increase reporting
and financial controls.
ReconNET will be used by the leisure firm to
automate the verification and reconciliation of its cash and credit
cards, and will enable the firm to increase reporting and
financial controls.
"We were familiar with ReconNet's capabilities from a prior
business relationship," said Jason Smith, head of finance at David
Lloyd Leisure. "We knew we wanted the same scalable system with us
here. ReconNet will
streamline daily reconciliations, reduce costs, and help us
gain greater reporting and financial controls."
The installation of ReconNet will improve processes for the
reconciliation of bank deposits, and enable reconciliation to occur
daily instead of monthly.
Additionally, the ReconNet system will deliver real-time
management reporting and risk analysis to business managers to
enhance their key decision-making processes.