Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, continued to expand its global footprint and Enterprise market leadership in the first half of its fiscal year. The rapid adoption of Trintech's solutions has resulted in continued strong financial results, as well as customer adoption. The company grew 30% year over year for the first half of its fiscal 2018 year, representing the instilled trust of both current and new customers.
"With new customer wins, expanded deployments with new functionality to existing customers, and several solution additions and enhancements, we are thrilled with the accomplishments achieved in the first half of our fiscal year," says Teresa Mackintosh, CEO at Trintech. "As we continue to remain entirely focused on our customers' needs, we are committed to providing financial solutions that enhance the efficiency and effectiveness across the office of finance."
Trintech added a multitude of new customers in its first half of its fiscal year, including several that switched from competitors that couldn't support the customer's full Record to Report process requirements. Sample new customers across the Americas, EMEA, and APAC regions that have signed to use Trintech's enterprise-class financial solutions include: AkzoNobel, Concentrix, Essex Property Trust, Falls of Neuse, Foundation Building Materials, Foxtel Management, JackRabbit, Jackson National Life, Pan-American Life, SchoolsFirst FCU, Torchy's Tacos, Trilogy, and University of Pennsylvania Health Systems, to name a few.
"As we continue to extend our market leadership across the globe, we are finding that more and more organizations are realizing the value of partnering with a vendor that provides a complete solution," says Mackintosh. "Specifically, one of our newest customers, a global, industry-leading office experience solutions provider, came to Trintech from a competitor, looking for a more complete Record to Report solution with a proven compliance framework. They recognized the importance of partnering with an experienced vendor that provided all the processes they needed in one solution."
Already profitable, Trintech continues to invest and build scale with the business through its commitment to providing world-class, innovative, Risk Intelligent Robotic Process Automation™ solutions that deliver increased efficiency and effectiveness, 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®.
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, 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®, Trintech Disclosure Management®, ReconNET™ , T-Recs®, and UPCS®, help manage all aspects of the financial close process. Over 1,700 clients worldwide - including the majority of the Fortune 100 - rely on our cloud-based software to increase efficiency, reduce costs, and improve governance and transparency across global financial organizations.