TRINTECH GROUP PLC (ADR) 
By London, UK / Dallas, TX - August 4, 2011
Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance, released a detailed case study illustrating how Sanoma Media Netherlands, the largest media company in the country has implemented its AssureNET GL software for financial process compliance and to eliminate manually intensive processes.
AssureNET GL is a module of Trintech’s Unity Suite, a platform of modular software that empowers companies to automate their Last Mile of Finance to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk. To preview the case study, go to: http://www.trintech.com/resources/success-story-library/58/
“Since implementing AssureNET GL, we have a truly IFRS compliant process providing us with controls and visibility into the Record to Report (R2R) process in our financial close,” offers Saskia van Hoppe, Sanoma Media Netherlands Finance Manager.
Sanoma Media Netherlands selected Trintech’s Unity AssureNET GL solution to increase control and visibility of the GL reconciliation and to improve efficiencies through automation. The Unity AssureNET solution allows the company to:
• Automate the general ledger reconciliation within the Shared Services Centre
• Reduce the manual effort spent in the GL reconciliation process
• Reduce the high volume of spreadsheets used in the process
• Improve management visibility into the status of the reconciliation
• Increase the efficiency of the accounting staff involved in the process
• Ensure the accuracy of the balance sheet
“Sanoma’s implementation of AssureNET GL clearly demonstrates the collaborative approach Trintech takes with its clients,” said Tony Bethell, Trintech Vice President, EMEA. “Trintech worked closely with Sanoma to deliver a solution integrated to their investment in SAP®.” Bethell went on to say, “SAP® integration is key and Trintech’s recent announcement of achieving certified integration with SAP® applications as well as becoming part of the SAP® EcoHub system further endorses Sanoma’s investment in Trintech’s AssureNET.”
About Sanoma Media:Sanoma Media is the largest media company based on reach in the Netherlands, taking into consideration magazines, custom media, events, websites, mobile sites and apps. Combining all channels, Sanoma Media reaches about 91% of the Dutch population (13+) and 75% of all internet users (13+) in the Netherlands, readers and visitors with whom Sanoma Media has had a close relationship for generations.
Sanoma has an extensive portfolio with over a 100 different brands including AutoWeek, Donald Duck, delicious., Flow, Kieskeurig.nl, Libelle, Margriet, NU.nl, Viva, Vrouwonline.nl, SchoolBANK.nl and Startpagina.nl.
About Trintech:Trintech is the leading global provider of integrated software solutions for the Last Mile of Finance. From the time a transaction occurs to the time financial statements are issued, Trintech’s innovative Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing. As a result, our 600 clients and 100,000 users worldwide benefit from an enterprise wide view into critical financial processes, and are able to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.
Trintech clients include 50% of the Fortune 50 and nearly 25% of the Fortune 500 representing retailers, manufacturers, financial institutions and healthcare providers globally. Trintech clients include Google, Microsoft, RR Donnelley, Regis Corporation, Walmart, O2, Blackstone, BAE Systems, Skype, HSBC and Toyota Financial Services. For more information, go to www.trintech.com. Follow us on Twitter: @TrintechInc. Like us on Facebook TrintechInc.
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Trintech Press Contacts:EMEA: Carol Orr – Marketing Manager
Phone: +1 +44 (0) 207 382 0490 - Email: carol.orr@trintech.com
Dallas: Patrick Ferguson – Marketing Manager
Phone: +1 972 739 1617 - Email: patrick.ferguson@trintech.com
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