Trintech: Streamlining Remote Business Operations
With a surge in the number of employees working from home, teams are faced with handling business processes remotely. For finance teams specifically, managing the month-end close – a nuanced and collaborative process – presents challenges to efficiency and a greater margin for error.
To ease the burden for finance teams during the COVID-19 crisis, Trintech is releasing its Adra Task Manager and Cadency solutions at no cost for up to six months. These tool helps mid-size and enterprise organizations close their books while they work remotely. The tools ensure greater accuracy and quality of financial statements during remote workflows. By streamlining financial close and reconciliation, Trintech is helping businesses oversee operations during the pandemic with more speed, accuracy and confidence.
View the Trintech Website for More Information.
Year of Investment: 2015
Portfolio Status: Current
Headquarters: Addison, TX
Trusted by >50% of Fortune 100 Brands
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 Trintech’s 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 October 2015.
Summit Partners purchased a majority interest in the Company in December 2017.