Growing Your Business Through Improved Processes
Endorsements presented herein are made by current or former employees of Vista portfolio companies, over which Vista may have the ability to exercise discretion on employee compensation, promotion and other employment decisions.
How Trintech implemented strategic processes to spur significant growth.
From managing balance sheet reconciliations, journal entries, governance, compliance and high-volume transaction matching, Trintech’s portfolio of financial solutions helps manage all aspects of the financial close process.
Before Trintech pioneered the development of Financial Corporate Performance Management (FCPM) software, organizations used spreadsheets to manage their financial close processes, which was often inefficient, costly and prone to human error.
Today, over 3,100 organizations – including the majority of the Fortune 100 – across more than 100 countries rely on Trintech’s cloud-based software to increase efficiency, reduce costs and improve governance and transparency.
Other times, VCG has played a more traditional consulting role for Trintech. For example, when the company started using a marketing automation system, VCG helped ensure the implementation went smoothly and offered advice on how to promote successful company-wide adoption of the software. Mackintosh describes Trintech’s relationship with VCG as collaborative and flexible. Both parties have the same goal: to build the value of the organization.
The VCG team played a strategic role in helping Trintech implement and formalize how it manages and identifies existing and potential customers. This renewed focus on customer success and marketing metrics was well-received throughout Trintech and helped Mackintosh and her team make better decisions across the board.
Since implementing a new customer management strategy, Mackintosh was able to leverage insights to improve Trintech’s go-to-market strategy, how it prioritizes sales focus areas and how it views the total addressable market.
Since joining the Vista family and under Mackintosh’s leadership, Trintech has tripled its customer base and doubled its revenue. With its grasp on the market and strategic organic and inorganic growth, Trintech is expected to further expand its reach and customer portfolio.
Please see the “Case Studies” section of the Disclosures page for important information about these Case Studies.
At Trintech there’s a lot of excitement about what can be. Vista brings a story of success and an excellent track record about building value in companies, so we’ve been able to maintain an extremely positive message throughout the company.
Teresa Mackintosh, CEO, Trintech
Year of Investment: 2015
Portfolio Status: Current
Headquarters: Addison, TX
Integrated record-to-report software solutions that help businesses expedite and manage the financial close process.
Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process. From supporting high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, journal entries, bank fee analysis, governance, regulatory and financial reporting, and risk and compliance – Trintech’s portfolio of financial solutions, including Cadency®, Trintech Disclosure Management®, ReconNET™ and T-Recs®, help manage all aspects of the financial close process. Over 1,700 clients worldwide – including the majority of the Fortune 100 – rely on our cloud-based software to increase efficiency, reduce costs and improve governance and transparency across global financial organizations.
Headquartered in Dallas, TX, Trintech has offices located in the United States, United Kingdom, Australia, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com.
Vista Foundation Fund II completed its acquisition of Trintech Group PLC in September 2015.
Summit Partners purchased a majority interest in the Company in December 2017.