Adra Software

In 1989, a group of forward-thinking individuals in Oslo, Norway, founded Adra Software with a core belief: automating basic financial reconciliation tasks could free up businesses to focus on growth. The company set out to develop software that would modernize the finance department, moving them away from spreadsheets and binders to a more streamlined, accurate, and controlled process. The company developed a suite of products to tackle the complexities of the financial close. This included tools for matching transactions, reconciling balance sheets, and managing the tasks of the entire month-end process. The goal was to help accounting and finance teams work smarter and faster. A significant chapter in Adra's story unfolded in November 2017 when it was acquired by Trintech, a leading global provider of Record to Report (R2R) software solutions. This acquisition broadened Trintech's portfolio, allowing it to better serve mid-sized companies and expand its European presence. Under Trintech, the Adra suite continued to be supported and was introduced to a global market, including North America, becoming a key solution for organizations looking to simplify their financial close process.