Dallas, TX, Mar 19, 2021 – (ACN Newswire) – Trintech, a number one international supplier of built-in Document to Report software program options for the workplace of finance, at the moment introduced a number of key product enhancements to assist giant enterprises scale back the time spent on duties and drive higher efficiencies of their month-end workflows.
“As our clients proceed to deal with agility and sustainability throughout this time, the enhancements we’ve made in our options ship higher management, enhanced visibility, elevated efficiencies and certainty of correct monetary reporting that our giant enterprise clients demand,” mentioned Michael Ross, Chief Product Officer at Trintech.
With the most recent launch of Trintech’s Cadency Platform, finance and accounting professionals can elevate their monetary automation with extremely configurable and clear workflows, built-in connector enhancements, and prolonged scalability and automation with new Good Bots and ERP Bot enhancements. Main Enterprises will profit from the next:
– Higher efficiencies gained within the reconciliation course of
– Extra automation capabilities to scale back the time to shut
– Enhanced integration between Document to Report (R2R) processes to enhance the general expertise
– Enhanced Bot performance that drives deep automation and reduces administration burdens to refocus effort and time on increased value-added actions
As well as, the Cadency person expertise offers intuitive, easy-to-use, standardized performance that drives higher efficiencies all through the finance and accounting staff’s day by day workflow.
Managing and performing transaction matching and account reconciliations are a cornerstone of the month-end shut, and when accomplished inefficiently, is usually a very time-consuming and danger inclined course of. To assist finance & accounting groups additional scale back the time and danger on this course of, Trintech has prolonged the automation capabilities between Cadency Match and Reconciliation Certify by leveraging main applied sciences, akin to Threat Clever RPA(TM) to scale back the variety of accounts needing handbook reconciliation, scale back the workload for finish customers and directors and permit for a sooner and extra environment friendly month-end shut.
As well as, Trintech has launched Cadency Good Bots so finance & accounting groups can profit from purpose-built Bot capabilities that enable not solely automation of repetitive handbook duties but additionally full Document to Report (R2R) actions together with the flexibility to:
– Put together account reconciliations utilizing recordsdata or information from exterior information repositories or e mail inboxes and attaching any supporting paperwork leveraging Cadency Reconciliation Certify
– Publish Journals utilizing information or recordsdata from exterior information repositories or e mail inboxes, together with any vital back-up documentation leveraging Cadency Journal Entry
– Shut duties akin to Journal Entry postings, Account Reconciliations, and so forth. instantly in Cadency Shut.
Trintech Inc., a pioneer of Monetary Company Efficiency Administration (FCPM) software program, combines unmatched technical and monetary experience to create revolutionary, cloud-based software program options that ship world-class monetary operations and insights. From excessive quantity transaction matching and streamlining day by day operational reconciliations, to automating and managing steadiness sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and financial institution payment evaluation, to governance, danger and compliance – Trintech’s portfolio of economic options, together with Cadency(R) Platform, Adra(R) Suite, and focused instruments, ReconNET(TM), T-Recs(R), and UPCS(R), assist handle all elements of the monetary shut course of. Over three,500 purchasers worldwide – together with the vast majority of the Fortune 100 – depend on the corporate’s cloud-based software program to constantly enhance the effectivity, reliability, and strategic insights of their monetary operations.
Headquartered in Dallas, Texas, Trintech has places of work positioned throughout the USA, United Kingdom, Australia, Singapore, France, Eire, the Netherlands and the Nordics, in addition to strategic companions in South Africa, Latin America and Asia Pacific. To study extra about Trintech, go to www.trintech.com or join with us on LinkedIn, Fb and Twitter.
Kristina Pereira Tully
SOURCE: Trintech, Inc.
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