Milestone Systems & Trintech: Scaling Financial Control in a High-Growth Global Organization
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Milestone Systems, a global leader in the media and entertainment industry, has experienced significant growth over the past decade—both organically and through acquisitions. As the organization expanded, so did the complexity of its financial operations, spanning multiple regions, entities, and regulatory environments. As Agata Wawrzenczak, Senior Global Travel and Expense Specialist at Milestone, explained: “We’ve grown a lot, doubling our number of employees as well as the number of transaction entities.”
Since becoming a Trintech customer in 2015, Milestone has evolved its financial processes to support this growth. Today, teams across Europe, North America, and APAC rely on a centralized approach to manage financial close activities, internal controls, and cross-functional collaboration.
The Challenge: Continuous Growth Created Complexity and Risk
Milestone’s expansion introduced a new level of operational complexity. With more employees, entities, and transactions, the finance function faced increasing pressure to maintain accuracy, control, and efficiency.
One of the most pressing challenges was the need to formalize and standardize financial processes—especially the month-end close. What may have once been manageable with manual processes became increasingly difficult at scale. “There was a need to make the month-end closing process more formalized, more controlled, and structured.”
The company’s global footprint added another layer of difficulty. Finance teams operated across multiple regions—including Copenhagen (headquarters), North America, and APAC—requiring better coordination and visibility. “We had to have a solution to keep track of the work of each team and communicate our work between teams.”
Additionally, increasing regulatory requirements—particularly around SOX compliance—meant Milestone needed stronger internal controls and better documentation practices. Without a centralized system, tracking tasks, ensuring accountability, and maintaining audit readiness across regions would have been unsustainable.
Implementation & Adoption: A Cross-Functional, Global Approach
Over time, Milestone has embedded the solution deeply into its finance operations—and beyond. While finance teams are the primary users, particularly for account reconciliation and month-end close activities, adoption has expanded to include:
- Regional finance teams across Europe, North America, and APAC
- Internal control teams for monitoring and compliance
- HR teams, particularly for payroll-related processes
- External partners, such as service providers supporting specific entities
Trintech supports both operational and compliance-driven workflows, including:
- Month-end close task tracking with strict deadlines
- Account reconciliation processes across entities
- Recurring operational tasks
- Formal internal controls tied to SOX requirements
During the close process, timing and coordination are critical: “We have tight deadlines that we need to meet, so during the month closing period, Trintech is crucial for our accounting team.” By centralizing these activities, Milestone ensures that all stakeholders—from preparers to approvers—have real-time visibility into progress and status.
Why Milestone has Continued to Invest in Trintech
Milestone’s continued investment and expansion of Trintech solutions is driven by evolving business needs—particularly around internal controls and visibility. Today, Trintech plays a critical role not just in task management, but in enabling structured, auditable processes.
Milestone’s internal control team has been a key driver in expanding usage, recognizing the value of having a single system to manage and report on compliance activities. “Trintech allows us to not only monitor controls but also report on and formalize internal controls. Having a single source of truth for all of our controls has really been a game changer.”
The ability to centralize processes, ensure accountability, and provide transparency across global teams has made Trintech a foundational part of Milestone’s finance operations.
Results & ROI: Time Savings, Visibility, and Scalable Control
While Milestone does not quantify ROI in strict financial terms, the operational impact is clear—particularly in terms of time savings, efficiency, and control. One of the most immediate benefits is automation of routine processes and notifications: “Tasks change status automatically and notify users so that we don’t need to write separate emails or track what is done.” This reduces manual coordination and eliminates reliance on fragmented communication. Managers gain real-time visibility into progress: “Our accounting manager can approve, reject, or follow up on items, as well as see what is done or not done.”
The centralized system also improves continuity and resilience: “If someone is out of the office, we can easily check their tasks and distribute work across the teams.” Perhaps most importantly, Trintech enables Milestone to scale its operations effectively: “We had so much on our plate, I cannot imagine that we could do it all without Trintech. It would be super difficult.” And it provides a single source of truth with historical visibility: “We have the whole history. We can always go back to the previous month instead of searching across different places or files.”
Looking Ahead
As Milestone continues to evolve, its focus remains on expanding internal controls and refining financial processes. This includes onboarding additional teams and continuously optimizing workflows to align with changing business needs. For Milestone Systems, the journey has been less about implementing a single tool and more about building a scalable foundation for financial operations. In a global, fast-growing organization, the ability to centralize processes, maintain control, and ensure visibility is no longer optional—it’s essential. Agata puts it simply: “If you want a structured way of working, visibility, and clear information, Trintech is a huge benefit. It’s a single place where everything is stored.”
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