The Conference was a tremendous opportunity to share with fellow finance industry members, techniques and proven solutions to greatly enhance and streamline last mile of finance activities in a shared services environment.
Dallas, TX / London, UK / Dublin, Ireland (PRWEB) June 10, 2011
Trintech, the leading global provider of integrated software solutions for the Last Mile of Finance, announced participation in the recent IQPC Shared Services for Finance & Accounting Conference held in Dallas, TX. As part of Trintech’s involvement, Trintech VP Strategic Planning & Corporate Business Development, David Taylor presented to the 75 plus attendees “Record To Report: A path to return on Investment from Process Enabling Technologies.”
The Record to Report Process, also known as the Last Mile of Finance, is a loosely coupled set of activities which take a corporation from the transactional processes at entity/ business unit level to a consolidated set of financial statements accompanied with descriptive information reflecting the performance of the organization. Shared Service Centers have an opportunity to transform the record to report process into a seamless end to end process utilizing focused process enabling technologies.
The Record to Report process is ripe for continuous improvement in the Shared Services environment with the outcomes of an agile and scalable process to manage the organizations needs in a rapidly changing environment. This session focused upon:
- Shedding light on the loosely coupled Record to Report Process known as the Last Mile of Finance
- Identified Quick wins for the Shared Service Center
- Outlined a roadmap for continuous improvement
“The Conference was a tremendous opportunity to share with fellow finance industry members, techniques and proven solutions to greatly enhance and streamline Last Mile of Finance activities in a shared services environment” said David Taylor, Trintech VP. “Trintech’s process enabling technologies provide our clients a platform to on-board new R2R processes, and provide a framework for standardization and continuous improvement, whilst ensuring visibility and transparency into the critical path of the Last Mile."
Trintech is the leading global provider of integrated software solutions for the Last Mile of Finance. From the time a transaction occurs to the time financial statements are issued, Trintech’s innovative Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing. As a result, our 600 clients and 100,000 users worldwide benefit from an enterprise wide view into critical financial processes, and are able to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.
Trintech clients include 50% of the Fortune 50 and nearly 25% of the Fortune 500 representing retailers, manufacturers, financial institutions and healthcare providers globally. Trintech clients include Google, Microsoft, RR Donnelley, Regis Corporation, Walmart, O2, Blackstone, BAE Systems, Skype, HSBC and Toyota Financial Services.
For more on Trintech visit http://www.trintech.com
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