Trintech Company Market Research Report



Company Overview



Name: Trintech, Inc.

Mission: To give people time back for what matters most by automating reconciliation and financial close processes.

Founded: 1987

Founders: No information is available

Key People:
  • Darren Heffernan – Chief Executive Officer

  • Omar Choucair – Chief Financial Officer

  • Mekaela Davis – Chief Partner Officer

  • Piotr Marczewski – Chief Commercial Officer

  • Sunil Padiyar – Chief Technology Officer

  • Toni Perrier – VP, Office of the CEO

  • Heather Randall – SVP, General Counsel

  • Michael Ross – Chief Strategy and Product Officer

  • Tamir Sigal – Chief Marketing Officer

  • Scott Vipond – Managing Director, EMEA

  • Leo Yancey – Chief Customer Officer


Headquarters: 5600 Granite Parkway, Suite 10000, Plano, TX 75024

Number of Employees: 201-500 employees

Revenue: No information is available

What the Company Is Known For: Trintech is known for its industry-leading cloud-based software solutions that automate reconciliation and financial close processes, improving efficiency, mitigating risk, and empowering strategic decision-making in finance and accounting organizations.

Products



1. Adra Suite:
  • Description: Adra comprises various modules designed to automate financial close processes for mid-market organizations.

  • Key Features:

  • Automated Reconciliations: Reduces manual effort by automating the reconciliation process.

  • Transaction Matching: Matches transactions across multiple sources quickly.

  • Close Task Management: Ensures all close tasks are completed timely and accurately.

  • Dashboard and Reporting: Provides visibility into the financial close process.


2. Cadency Suite:
  • Description: Cadency offers a comprehensive financial close solution aimed at large enterprises, providing control and visibility throughout the financial close process.

  • Key Features:

  • Balance Sheet Reconciliations: Ensures accuracy in financial statements.

  • Journal Entry Management: Automates and controls the journal entry process.

  • Compliance and Controls: Mitigates risk through streamlined compliance checks.

  • Analytics and Reporting: Offers real-time insights through dashboards and reports.


3. CadencyDirect on ServiceNow:
  • Description: The only native built application for the ServiceNow platform designed specifically for the unique needs of the Office of the CFO.

  • Key Features:

  • Automated Financial Close Processes: Extends into the Now Platform® to enable native workflows and triggers.

  • Intercompany Accounting: Manages complex intercompany transactions.

  • Risk and Compliance Management: Ensures robust control frameworks.


4. Reconciliation and Financial Close Services:
  • Description: Offers consultancy and advisory services aimed at optimizing financial close processes.

  • Key Features:

  • Implementation Support: Helps firms deploy and integrate Trintech’s solutions.

  • Customization: Tailors platforms to unique company needs.


Recent Developments



Recent Developments:
1. Technology Partnership with SAP®:
  • Description: Trintech’s certified technology partnership with SAP® aims to solve unique problems for SAP® customers by automating critical financial close activities that typically sit outside of the ERP.


2. Expansion in India Operations:
  • New Center in Bengaluru: Trintech expanded its India operations with a new center in Bengaluru and appointed Ram Dwivedi as Country Manager.


3. G2 Leader Recognition:
  • Awards: Trintech has consistently received high rankings on G2’s Financial Close Software grids.


New Products Launched:
1. CadencyDirect on ServiceNow:
  • Description: Launched as the only native financial close automation app on the ServiceNow platform.


New Partnerships:
1. Workday Partnership:
  • Description: Trintech partnered with Workday to offer a unified solution that bridges the gap between accounting and finance for better decision-making.


2. Accenture and Trintech Collaboration:
  • Description: Collaboration with Accenture to drive global process standardization and operational efficiency for clients like Coty.


Enhancements to Existing Products:
1. Integration Hub for ServiceNow:
  • Description: Enhanced with bi-directional capabilities to bring finance and accounting into workflows and business processes of the entire enterprise.

2. AI and Machine Learning Initiatives:
  • Description: Continuously innovating with AI and ML to further automate risk management, reporting, reconciliations, and other repetitive tasks.





This completes the detailed company-focused market research report on Trintech.