Frankfurt – June 18, 2019 – Trintech, a leading global provider of Financial Corporate Performance Management (FCPM) software, today announced that it is sponsoring the S/4HANA Finance Summit being held on June 25th-26th, 2019 at the Maritim Hotel in Darmstadt. The 2-day conference revolves around the subject of S/4HANA FI/CO as the cornerstone of the digitization strategy and transformation engine.
During the event, Thomas Ulbrich, Sales Directors DACH at Trintech, will be presenting the session, “First Things First – How Your Record to Report Process Can Help With S/4HANA Migration,” on June 26th, where he will give insights into the Record to Report process, how Trintech’s solution integrates seamlessly with S/4HANA, and best practice use cases. In addition, Trintech will have a booth at the event where you will have the chance to discuss how your organization can use Cadency to improve the efficiency and effectiveness of your financial close, standardize your Record to Report process, and make your S/4HANA migration safer and more transparent.
“S/4HANA is often seen as a solution to every challenge in the Office of Finance. In many companies, finance executives are unaware that the transition to S/4HANA does not mean that all financial processes are automated,” says Lars Owe Nyland, Managing Director, Europe at Trintech. “A significant amount of work is still conducted manually through the use of spreadsheets, e-mails, printouts, dissimilar documents and other tools creating a high risk of error and loss of control over the process. Cadency combines all Record to Report processes into a single, seamless process, and bridges these gaps. That’s how our customers have achieved efficiency gains of more than 90 percent.”
Cadency can seamlessly and bidirectionally connect to S/4HANA with Trintech’s certified SAP® connector for Cadency. This significantly reduces the cost, time, and risk of data integration between SAP® and Cadency while keeping the ERP system the central source of truth.
Sanofi, one of the largest pharmaceutical companies in the world, is implementing Cadency in 95 different countries in parallel with a migration to S/4HANA. This has increased the productivity of 2,300 users, improved compliance for more than 2,505 accounts, and eliminated manual processes. Now, not only the end users, but also the senior management have accurate insight into all activities conducted for the financial close.
Can’t attend the S/4 HANA Finance Summit? Join our webinar on July 4th, 2019 at 10:00am where we will cover the topics presented at the event. For further information about the S/4HANA Finance Summit or to register, click here.
Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency® Platform, Adra® Suite, and targeted tools, Trintech Disclosure Management®, ReconNET™, T-Recs®, and UPCS®, help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, 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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