TNET

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TNET is a comprehensive trust accounting software suite developed by HWA International, designed to streamline trust and fund administration for financial institutions. It offers two primary components: TNET FrontOffice and TNET BackOffice, each tailored to enhance specific aspects of trust operations. Key Features and Functionality: - TNET FrontOffice: - Customer Relationship Management (CRM: Robust tools to manage and analyze client interactions, aiding in client retention and sales growth. - Workflows: Customizable workflows for sales pipeline management, account onboarding, and trust operations, including multi-level approvals. - Compliance Management: Integrated workflows to simplify compliance tasks such as Reg 9 reviews and administrative reviews. - Manager Dashboards: Customizable dashboards providing insights into sales pipelines, assets under management, and other key metrics. - TNET BackOffice: - Core Accounting Functions: Handles income and principal separation, open month and year-end processing, and transaction generation. - Bulk Processing: Efficiently manages large volumes of transactions. - Flexible Reporting: Offers "as of" reporting capabilities for accurate financial analysis. - Security and Compliance: Strong user security measures and audit logs ensure compliance with government agency requirements. - Modular Add-ons: Optional modules for asset allocation, performance analysis, check writing, document imaging, and more, allowing customization to meet specific business needs. Primary Value and Solutions Provided: TNET addresses the complexities of trust administration by offering a flexible, scalable, and user-friendly platform that integrates CRM, workflow automation, compliance management, and core accounting functions. It enables trust professionals to efficiently manage client relationships, streamline operations, ensure regulatory compliance, and adapt to evolving business requirements. By providing a modular system, TNET allows organizations to tailor the software to their specific needs, ensuring they only pay for the functionalities they require. This adaptability makes TNET a valuable solution for banks, trust companies, family offices, and other financial institutions seeking to optimize their trust and fund accounting processes.