Lehigh Hanson Selects Trintech for Account Reconciliation

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AssureNET Software Module of Trintech’s Unity Suite Increases Visibility and Compliance, Reduces Risk

Bob Pritchard, Trintech VP Sales and Marketing

Lehigh is implementing AssureNET to provide standardization and control to their reconciliation process which spreads across multiple ERP systems and shared services centers.

Trintech, the leading global provider of integrated software solutions for the Last Mile of Finance announced today that Lehigh Hanson has selected its Unity AssureNET software for balance sheet reconciliation and certification. AssureNET is a module of Trintech’s Unity Suite. Trintech’s Unity AssureNET automates the preparation and review of account reconciliations and balance sheet certification, manages the accounting close process, and gives management needed visibility to ensure compliance. Unity AssureNET is SAP Certified as fully integrated with SAP ERP Applications.

Lehigh Hanson is one of North America’s largest suppliers of heavy building materials to the construction industry. Lehigh Hanson companies produce aggregates (crushed rock, sand and gravel), ready-mixed and precast concrete, asphalt, cement and cement-related materials and a range of building products including concrete pipes, concrete pavers, tiles and clay bricks.

“We are excited to add Lehigh Hanson to our distinguished list of global clients,” said Bob Pritchard, VP Sales and Marketing, Trintech. “Lehigh is implementing AssureNET to provide standardization and control to their reconciliation process which spreads across multiple ERP systems and shared services centers. The enterprise scalability and architecture of AssureNET is vital to this process.”

Trintech’s Unity Suite offers an integrated platform for transforming critical financial operations, including the Record-to-Report (R2R) process. The Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing. Trintech’s Unity Suite enables companies like Lehigh Hanson to benefit from an enterprise wide view into these critical functions, to increase efficiency and transparency, and reduce cycle times, risk and cost.

About Lehigh Hanson:

Lehigh Hanson Company has a large footprint in the concrete materials business. The Lehigh company division, Hanson Pipe & Precast, makes concrete pipes, manholes, and precast concrete products. Hanson Brick & Tile makes clay bricks and roofing tiles and is the largest brick manufacturer in the US and Lehigh’s Hardscapes division makes decorative paving stones for landscaping. Lehigh Hanson has nearly 700 facilities in operation in the US and Canada. German construction materials firm, HeidelbergCement, acquired Lehigh Hanson Company as part of its 2007 acquisition of UK-based Hanson; the deal created one of the world's largest cement makers. For more, go to: http://www.heidelbergcement.com

About Trintech:

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, HSBC and Toyota Financial Services. For more information on how Trintech can help you transform your Last Mile of Finance, please contact us online at http://www.trintech.com.

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