Posts Categorized: Record to Report

Explore the latest industry leading trends, topics and best practices from the experts at Trintech

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November 27, 2017
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Health Checking Your Financial Transformation

It’s no secret that best-in-class organizations close faster with increased efficiencies, reduced costs and lower audit fees. The challenge is understanding how this is achieved, and how you can continue to build upon these improvements moving forward. All best-in-class companies are focused on two key activities— standardization and automation. This is why so many organizations...

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November 14, 2017
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The Financial Transformation Journey to a World-Class Close

Despite the digital age we all live in, it is not uncommon for enterprise-class organizations to rely on spreadsheets, emails and phone calls to manually manage tasks critical to the Close, but it does create potential high risks across the organization. The benefits of a financial transformation project are endless in today’s complex, compliance-focused world....

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November 3, 2017
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HIPAA Compliance in Your Office of Finance

Healthcare providers perform critical services throughout our communities, and their job of caring for and protecting people doesn’t end when a patient leaves the doctor’s office or even finishes their prescription; it extends all the way to ensuring the security of their Protected Health Information (PHI) and Personally Identifiable Information (PII) throughout the financial close...

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October 23, 2017
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Get Your Evenings Back – Automate Your Financial Close

“It’s not what I know that keeps me up at night, it’s what I don’t know and the impact it could have on our business.” As organizational environments increasingly become more complex, compliance-focused and technology-driven, the CFO has even greater pressure to ensure the integrity of the financial close. It’s easy to say that it...

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October 17, 2017
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How to Automate Reconciliation to Create a Strong Financial Close Process Foundation

Reconciliations – they’re crucial to your financial close process, but extremely tedious when done manually by members of your office of finance. They can take hours and even days to process, and that doesn’t even account (pun intended!) for any potential errors that can crop up and cost you even more time – or potential...

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October 6, 2017
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Building Your Killer Business Case – Underpinned by a Robust ROI

Last month, a colleague and I presented a webinar on how to build a killer business case for Record to Report transformation (view the eBook) to finance professionals and transformation managers, all of whom had a common goal – to start a finance transformation project. As with any kind of project within an organization, funding is always a challenge....

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September 21, 2017
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5 Reasons to Ditch Your Error-Prone Spreadsheets

With the accounting world becoming more and more complex and accounting standards shifting, it can be really difficult to keep up. Pressures to be more accurate and more transparent have never been so high, and with those increased pressures comes additional stress and risk of mistakes occurring. Times are changing, but luckily so are the...

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September 13, 2017
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Exciting Updates Coming in a Series of Releases for Trintech’s Product Suite

Mark your calendars – the coming week is a big one here at Trintech as several of our innovative solutions receive exciting updates in a series of releases. Our most expansive release is for our Cadency users as we introduce Cadency 4.0. The new version features updates in Risk Intelligent RPA™, making the powerful tool...

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August 28, 2017
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Ensuring a Scalable and Compliant Finance Organization

In a recent study conducted by CFO Research, “A combined 63% of respondents described the state of their finance function’s technology as ‘inefficient,’ ‘silo-constrained,’ or not linked to decision-making.” Furthermore, research from PwC states that the number one method finance professionals identify in making their finance processes more effective is improving their finance technology. At...

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July 27, 2017
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Building a Convincing Business Case to Replace Record to Report Spreadsheets

Excel and spreadsheets are great tools and oftentimes the backbone of many organization’s Offices of Finance and Accounting, and have been for decades. Whether it’s for financial, analytical and/or operation processes, companies have looked to those spreadsheets for answers. But in today’s modern business world and in companies dealing with complex and high-value balance sheets...

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