Trintech & Sharedserviceslink.com Offer Free Webinar: “Make Spreadsheet Kung Fu an Act of the Past - The Power of Automated Reconciliations”

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Trintech to share best practice process optimisation for account reconciliations.

Tony Bethell, Trintech Vice President, EMEA

For individuals running a Financial Shared Services Centre and considering migrating from a cost saving model to a value creating model, this webinar will provide ideas to help them become a truly customer-centric business partner.

Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance, is pleased to participate with http://www.sharedserviceslink.com in sharing best practice process optimisation for account reconciliations with a webinar entitled “Make Spreadsheet Kung Fu an Act of the Past - The Power of Automated Reconciliations.” The webinar will take place on Thursday, January 26, 2012 at 3pm GMT.

Susie West, CEO, Sharedserviceslink.com stated, ‘“Financial reconciliation is tricky and time consuming for shared services organisations. I am really pleased to be working with Trintech on this webinar as we’ll be talking about a solution-type every Shared Services Director should be aware of.”

The webinar will explore how automation can replace manual, spreadsheet based tasks with an optimized process designed to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk. The office of Finance is often surrounded by a wall of lever-arch files that house month, quarter and year-end transaction reporting. Financial executives are expected to perform spreadsheet “Kung Fu” at the end of each period in a mad rush to provide the business with the information required to close the books quickly.

But there is a better way! Joining this webinar will help managers understand why this archaic process that leads to a slow close and poor visibility could be and should be, a way of the past. Specifically, the webinar will address how:

  •     Automated workflow replaces stacks of binders and manual spreadsheets
  •     Interfaces with multiple ERP, GL and sub ledger systems eliminate the risks that accounts are missed or incorrect balances are reconciled
  •     Real-time dashboards provide true visibility into the close status and pin-point balance sheet risk
  •     Manual preparation time is reduced across all account reconciliations by at least 20%
  •     Standard reconciliation templates create consistent quality across the entire organisation
  •     A single, online repository provides a full audit trail for all documentation, MI and exceptions; whilst reducing the time and cost of audit

To learn more or to register for this webinar, go to: Make Spreadsheet Kung Fu an Act of the Past - The Power of Automated Recs

“For individuals running a Financial Shared Services Centre and considering migrating from a cost saving model to a value creating model, this webinar will provide ideas to help them become a truly customer-centric business partner,” said Tony Bethell, VP of EMEA for Trintech.

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 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.

More than 100,000 finance professionals in 41 countries rely on Trintech. Trintech clients include 50% of the Fortune 50 and nearly 25% of the Fortune 500 representing retailers, manufacturers, financial institutions and healthcare providers globally. Clients who have placed their trust in Trintech include Google, Microsoft, RR Donnelley, Regis Corporation, Walmart, O2, Blackstone, BAE Systems, HSBC and Toyota Financial Services. To better serve our global client base, Trintech offices are located in the United States, the United Kingdom, The Netherlands, France and Ireland, with partners in South Africa, Latin America and across the Asia Pacific region. For more information on how Trintech can help you transform your Last Mile of Finance, please contact us online at http://www.trintech.com.

About sharedserviceslink.com

Established in 2007 by Susie West, sharedserviceslink.com is a community for leaders in finance shared services and outsourcing. Bringing together the latest information, case studies and insight on finance transformation via our website and a portfolio of conferences, master classes and webinars, sharedserviceslink.com aims to accelerate the development of shared services and outsourcing for the finance function.

Visit http://www.sharedserviceslink.com for more details or contact: Ricardo Molina, Marketing Director, ricardo(at)sharedserviceslink(dot)com.

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