Trintech Continues Rapid Growth by Expanding Its Global Footprint and Market Leadership
Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, continues to expand its global footprint and market leadership in the enterprise-class financial software space, helping global organizations transform their financial processes. In fiscal year 2017 (ended January 31, 2017), Trintech continued its rapid market expansion by growing in excess of 35% year over year – a testament to a strong solution portfolio, supported by a dedicated customer-first oriented team.
“Through our new customer wins, extensive global expansion and several additions to our solutions offering, including the most recent addition of Trintech Disclosure Management©, Trintech reinforced and is capitalizing on its position as a leading global provider of a comprehensive Record to Report software solution for the office of finance,” said Teresa Mackintosh, CEO at Trintech.
Currently serving over 1,700 customers globally, including the majority of the Fortune 100, Trintech continued to add dozens of new enterprise-class customers in its fiscal year 2017 across the Americas, EMEA and APAC regions. Sample new customers include Health Care Service Corporation, Bombardier, Specsavers Optical Group, Dairy Farmers of America, Air Liquide and EnergyAustralia. Likewise, Trintech’s existing customer base also expanded deployments with new functionality as well as global rollouts to business units and Shared Service Centers, demonstrating the trust and commitment to growing with Trintech’s solutions.
The rapid adoption and expansion of Trintech’s solutions across the globe has resulted in sustained, robust financial performance for the company. Already profitable, Trintech continues to invest in its portfolio of solutions to meet the growing demands of its customer base and the market while strengthening its solid financial foundation. Moving into its fiscal year 2018, Trintech will continue to scale with the business through its commitment to provide world-class, innovative Risk Intelligent Robotic Process Automation™ (RI-RPA) solutions that deliver increased efficiency, real-time visibility, collaboration and control to enterprise-class organizations around the world and across a multitude of ERP systems including Oracle®, SAP® and NetSuite®.
“The significant number of new and existing customer deployments, as well as Trintech’s strong financial performance this year are a true testament to the hard work and commitment of our dedicated employees,” continues Mackintosh. “Looking to fiscal year 2018, we have a strong and experienced team in place that is excited about the market opportunity and is committed to further expand our market leadership across the globe.”
Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, managing intercompany workflow and transactions, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency®, ReconNET™ and T-Recs®, help manage all aspects of the financial close process. Over 1,700 clients worldwide – including the majority of the Fortune 50 – rely on our cloud-based software to increase efficiency, reduce costs, and improve governance and transparency across global financial organizations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.
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