DALLAS, DUBLIN, Ireland, and SYDNEY, Australia, May 24, 2010 (GLOBE NEWSWIRE) -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of integrated financial governance, risk management and compliance (GRC) software solutions, announced today that a leading U.S. financial services firm reduced costs related to the financial close process by approximately $324,000 per year, utilizing Trintech's Unity Financial GRC Software Suite.
A leading analyst firm, Gartner, has written a case study detailing the customer's compliance issues, its selection and implementation of a solution, and the value delivered by Trintech's solution. The case study can be found on Trintech's web site at: http://www.trintech.com/learn-more/white-paper-library/complimentary-gartner-case-study/
"The financial close process, long viewed as a source of frustration for Finance departments, can present businesses with a unique opportunity to establish a culture of compliance," said David Taylor, Trintech's Vice President of Strategy. "And Trintech's Unity Financial Close solution is doing just that – using automated workflow, process management, and reporting capabilities to facilitate collaboration across geographic, departmental, and functional boundaries. The result is a more efficient, compliant, and accurate Finance function … freeing up resources to focus on more value-added tasks."
Unity Financial Close is a component of Trintech's Unity platform, a suite of modular software solutions enabling companies to meet their financial governance, risk management and compliance goals. The Unity platform enables companies to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten accounting cycle times, reduce risk and fully comply with financial regulations and compliance requirements.
About Trintech Group
Trintech Group Plc (Nasdaq:TTPA) is a leading global provider of integrated financial governance, risk management, and compliance (GRC) software solutions for commercial, financial, and healthcare markets. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close and reporting, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/">www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown, Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474