Trintech Releases Enhanced Reconciliation Solution

2Leading Global Provider of Financial Automation Focuses on Continuous Innovation by Investing in its Portfolio of Solutions with the Launch of T-Recs 7.2

DALLAS, TX / ACCESSWIRE / February 27, 2017 / Trintech, a leading global provider of automated Record to Report software solutions for the office of finance, today announced the release of T-Recs® 7.2, the latest version of its enterprise-class reconciliation solution. As reconciliation volumes and the variety of reconciliation types continue to increase, there is a need for enhanced process automation and extensive reconciliation processing power. T-Recs 7.2 is designed to support the needs of Trintech’s highest volume customers, many of which process tens of millions of transactions per day.

“With the release of T-Recs 7.2, we are excited to provide enhanced reconciliation capabilities to support the increasing demands financial professionals are facing,” said Michael Ross, Executive Vice President of Product Management at Trintech. “As we continue to innovate and invest in our portfolio of solutions, we are confident our customers will realize numerous benefits, including a reduction in manual work, improvement of process efficiencies, and overall lower costs across their finance organization.”

T-Recs 7.2 transforms the reconciliation process, delivering the advanced functionality and processing power required to automate General Ledger (GL) account reconciliations. Whether you are performing traditional reconciliations or advanced functions, such as identifying business risks, measuring ongoing performance, or assessing the effectiveness of internal controls over the entire GL, T-Recs reduces reconciliation hours and eliminates the errors and risk of manual operations.

If you would like more information on T-Recs 7.2, please contact us at moreinfo@trintech.com.

About Trintech

Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, managing intercompany workflow and transactions, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency®, ReconNETTM and T-Recs®, help manage all aspects of the financial close process. Over 1,700 clients worldwide – including the majority of the FTSE® 100 – rely on our cloud-based software to increase efficiency, reduce costs, and improve governance and transparency across global financial organizations.

Headquartered in Dallas, Texas, Trintech has offices located across 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 or connect with us on LinkedIn, Facebook, and Twitter.

SOURCE: Trintech, Inc.

ReleaseID: 456044