Private banks serving the ultra-rich don’t extend their services to the merely affluent – but that’s now changing, thanks to the lure of the Chinese...

<!-- --> 2022 has been an abominably dismal year for crypto traders. We’ve seen four or five “once in a lifetime”...

<!-- --> 2022 has been an abominably dismal year for crypto traders. We’ve seen four or five “once in a lifetime”...

3d animation of an installed OmniPoint system "I believe OmniPoint will have the biggest and most immediate market impact of anything...

This post was co-authored by Arun Gupta, the Director of Business Intelligence at Prodege, LLC. Prodege is a data-driven marketing and consumer insights...

<!-- --> ELLIPAL has made quite the splash in the crypto hardware wallet industry, competing with the likes of Trezor and Ledger to become...

<!-- --> ELLIPAL has made quite the splash in the crypto hardware wallet industry, competing with the likes of Trezor and Ledger to become...

Leading cryptocurrency exchange LBank, adds VNX Gold to its platform, becoming one of the exchanges to offer VNX’s asset-backed token tied to precious metals Liechtenstein,...

Christensen Tells The Defiant the Endgame Plan Will ‘Overcome Fundamental Challenge’

<!-- --> Finding the perfect crypto exchange can be difficult, we get it. Here at the Coin Bureau, we spend countless...

We are excited to announce that we have acquired portfolio tracking and tax platform Accointing.com. This is the next step in our mission to equip investors with the best tools, data, and unparalleled insights for navigating the industry, and making data-driven decisions in digital asset markets.

DALLAS, TX, Oct 25, 2022 - (ACN Newswire) - Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, announced today that its customer, Serco, a leading provider of professional, technology, engineering and management services, has been named a finalist in the "Office of Finance" category of the 15th annual Ventana Research Digital Leadership Awards. Serco was recognized for its innovative use of Trintech's Cadency Platform to standardize and automate its reconciliation and financial close processes.

"Automation is an integral part of our ongoing Finance strategy and vision to become a world-class finance function," said Paul Adams, Head of New Business & R2R at Serco. "By automating our controls, it enables us to prevent errors, gives us confidence over our reporting and that our processes are operating as efficiently as possible."

Following the successful roll-out of Cadency, Serco has achieved a single, standardized approach to balance sheet management on a global scale. Reconciliations now require less manual effort thanks to increased automation and the application of a risk-based strategy. Serco has seen significant benefits since implementing automation including:

- Reduction in financial risk as it improves reporting accuracy
- Reduction in error rate
- Reduction in manual data entry tasks and related human error
- Increased speed in processing financial data
- Improved decision making due to reports being accurate, up-to-date, and delivered in real-time
- Improved compliance procedures
- Increased employee productivity and job satisfaction
- Improved auditable records
- Increased scalability

"We are proud that our Cadency Platform has been instrumental in Serco's efforts to become a world-class finance function and achieve a single, standardized approach to balance sheet management on a global scale," said Teresa Mackintosh, CEO at Trintech. "As a leading provider of financial solutions for large enterprises, we understand the unique complexities and requirements that come with an organization of Serco's size. The transformation efforts they have been able to achieve and implement with Cadency is truly remarkable and I look forward to continuing our partnership for years to come."

This year's winners will be announced the week of November 2nd.

More information on the Ventana Research Digital Leadership Awards can be found here. https://www.ventanaresearch.com/resources/awards/leadership

About Trintech

Trintech Inc., a pioneer of financial corporate performance management software, combines 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 reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), 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 Nordic countries, as well as strategic partners in South Africa, Latin America, and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
[email protected]

SOURCE: Trintech, Inc.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTrintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, announced today that its customer, Serco, a leading provider of professional, technology, engineering and management services, has been named a finalist in the "Office of Finance" category of the 15th annual Ventana Research Digital Leadership Awards.