Posts Categorized: Record to Report

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

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June 13, 2017
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Smart RPA is Risk Intelligent RPA™

From Leonardo da Vinci sketching humanoid robots to the introduction by General Motors in the early Sixties of Unimate, the world’s first industrial robot, the vision of robotics has evolved immensely over the years. Today, we have entered a period where robotics continues to expand across our everyday lives, automating the low-value, menial tasks so...

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June 1, 2017
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Why It Is Critical to Focus on the Entire Record to Report Process Rather Than the Individual Parts

The office of finance is tasked with improving finance efficiencies and reducing costs while providing higher quality, higher value service to the business. In short, delivering more with less. However, without effective Record to Report (R2R) technology, finance organizations struggle with a lack of standardized processes, bottlenecks in their workflow, and poor visibility, further complicating...

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May 18, 2017
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True Measure of the Close: Time + Effort + Quality

The old adage states that what gets measured gets managed. With that in mind, how can we ensure the metrics we are implementing have the right impact on the performance of our Record to Report process...

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March 28, 2017
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Moving from Continuous Accounting to Risk Intelligent RPA™

Over the past few years, topics such as: “Modern Finance,” “Continuous Accounting” and “Robotic Process Automation” have all created buzz across the finance industry. These topics have been launched as a response to the challenges facing finance around attracting and retaining high quality employees, the rising risk due to the difficulty in certifying accurate data, and...

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March 13, 2017
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Enabling Financial Transformation through Technology

Cloud-based technology, Robotic Process Automation and outsourcing have all revolutionized the way in which companies around the world are managing the efficiency and effectiveness of their financial close processes. Even within the office of finance, a traditionally risk averse function, companies are realizing that performing menial, manual activities by hand simply isn’t efficient or effective...

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October 25, 2016
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What Can We Do Now to Improve Our Financial Processes in 2017?

Research from PwC states that the number one method finance professionals identify in making their finance processes more effective is improving their finance technology. While we obviously can’t ignore the people and the process, the biggest driver for change within these three is often technology. It helps to underpin and enforce standardized processes and enables...

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October 13, 2016
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Helping the C-Suite Sleep More Easily – Reducing Risks and Ensuring the Integrity of the 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 C-Suite has even greater pressure to ensure the integrity of the financial close. It’s easy to say that it...

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February 9, 2016
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#ContentWeLove: Are You Miscalculating Technology ROI?

Are traditional methods of calculating ROI holding you back from adopting new technology? We are glad to see it isn’t just us at Trintech who have realized that more often than not, the way you calculate your ROI may be inhibiting your company’s potential for future growth. This past year, SSON.com has expressed its view...

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November 30, 2015
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Content We Love – CFO Metric of the Month

It isn’t just us at Trintech who have been stressing the importance of corporate governance across the office of finance. This November, CFO.com has also expressed their views on the topic of risk management and governance in their Metric of the Month: Internal Audit Costs.  This article, which can be seen in full by following...

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November 23, 2015
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Why Financial Transformation Projects Fail (And What You Can Do To Make Yours A Success)

The primary objective of any financial transformation project is to achieve process improvements by increasing the quality, effectiveness and efficiency of financial information, ultimately enhancing shareholder value. The challenge with financial transformation, however, isn’t why you would do it, but how you do it. While we would all like to think that our projects will be...

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