TRINTECH GROUP PLC (ADR) 
By London, UK / Dallas, TX - August 25, 2011
Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance, released a best practices guide entitled "Current Strategies for Optimizing Balance Sheet Certification." The new guide is available on the Trintech website and features 7 best practices for helping finance organizations effectively integrate people, business processes, and technology to improve operational efficiency while increasing transparency into the financial close process.
According to a recent report from Atos Consulting, “automating reconciliation of high volume transactions typically delivers time and cost savings of 30% to 70% with an ROI of 6-9 months.” In addition the report concludes “automating reconciliation of GL control accounts typically delivers time and cost savings of 15% to 20% with an ROI of 12+ months.” [1]
“Balance Sheet Certification is a mission critical component in The Last Mile of Finance,” said Paul Byrne, Chief Executive Officer for Trintech. “Although it represents a significant opportunity for process improvement, many organizations continue to face challenges implementing an efficient and sustainable process. This new best practices guide provides 7 proven strategies for optimizing Balance Sheet Certification and Account Reconciliation processes based on domain expertise Trintech has acquired by helping over 600 leading global organizations and more than 100,000 users achieve a positive ROI.”
Download Link: http://www2.trintech.com/Optimizing-Balance-Sheet-Certification
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, HSBC and Toyota Financial Services. For more information, go to www.trintech.com. Follow us on Twitter: @TrintechInc. Like us on Facebook TrintechInc.
References:
[1] Optimizing Your Reconciliation Process, Atos Consulting, available online http://bit.ly/ptUFp5.
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