Trintech Named Workday Innovation Partner and Earns Workday Packaged Solution Badges
Trintech, a leading provider of cloud-based financial close solutions, has become a Workday Innovation Partner. This partnership integrates Trintech's solutions with Workday Financial Management (NASDAQ: WDAY), streamlining financial close management, account reconciliation, and transaction matching processes.
Key benefits include:
- Automating high-volume, multi-way transaction matching
- Reducing risk and improving financial report accuracy
- Cutting time to close by up to 50%
- Enhancing employee retention through automation
The integration aims to address complexities in reconciliation and close processes, allowing finance teams to focus on strategic tasks and gain confidence in period-end numbers.
Trintech, un fornitore leader di soluzioni per la chiusura finanziaria basate su cloud, è diventato un Partner di Innovazione Workday. Questa partnership integra le soluzioni di Trintech con Workday Financial Management (NASDAQ: WDAY), semplificando la gestione della chiusura finanziaria, la riconciliazione dei conti e i processi di abbinamento delle transazioni.
I principali vantaggi includono:
- Automazione dell'abbinamento delle transazioni ad alto volume e multi-via
- Riduzione del rischio e miglioramento dell'accuratezza dei rapporti finanziari
- Riduzione del tempo di chiusura fino al 50%
- Miglioramento della retention dei dipendenti grazie all'automazione
L'integrazione mira a affrontare le complessità nei processi di riconciliazione e chiusura, consentendo ai team finanziari di concentrarsi su compiti strategici e di avere fiducia nei numeri di fine periodo.
Trintech, un proveedor líder de soluciones de cierre financiero basadas en la nube, se ha convertido en un Socio de Innovación de Workday. Esta asociación integra las soluciones de Trintech con Workday Financial Management (NASDAQ: WDAY), optimizando la gestión del cierre financiero, la conciliación de cuentas y los procesos de coincidencia de transacciones.
Los principales beneficios incluyen:
- Automatización de coincidencias de transacciones de alto volumen y multivía
- Reducción del riesgo y mejora de la precisión de los informes financieros
- Corte del tiempo de cierre de hasta un 50%
- Aumento de la retención de empleados a través de la automatización
La integración tiene como objetivo abordar las complejidades en los procesos de conciliación y cierre, permitiendo a los equipos financieros centrarse en tareas estratégicas y ganar confianza en los números de cierre de período.
클라우드 기반 재무 마감 솔루션의 선두 제공업체인 Trintech는 워크데이 혁신 파트너가 되었습니다. 이 파트너십은 Trintech의 솔루션을 워크데이 재무 관리 (NASDAQ: WDAY)와 통합하여 재무 마감 관리, 계정 조정 및 거래 매칭 프로세스를 간소화합니다.
주요 이점은 다음과 같습니다:
- 대량의 다중 거래 매칭 자동화
- 위험 감소 및 재무 보고 정확성 개선
- 마감까지의 시간 단축 최대 50%
- 자동화를 통한 직원 유지율 향상
이 통합은 조정 및 마감 프로세스의 복잡성을 해결하여 재무 팀이 전략적 업무에 집중하고 기간 종료 숫자에 대한 자신감을 가질 수 있도록 합니다.
Trintech, un fournisseur leader de solutions de clôture financière basées sur le cloud, est devenu un Partenaire d'Innovation Workday. Ce partenariat intègre les solutions de Trintech avec Workday Financial Management (NASDAQ: WDAY), rationalisant donc la gestion des clôtures financières, la réconciliation des comptes et les processus d'appariement des transactions.
Les principaux avantages incluent :
- Automatisation des appariements de transactions à fort volume et multi-face
- Réduction des risques et amélioration de la précision des rapports financiers
- Réduction du temps de clôture jusqu'à 50%
- Amélioration de la rétention des employés grâce à l'automatisation
L'intégration vise à résoudre les complexités des processus de réconciliation et de clôture, permettant ainsi aux équipes financières de se concentrer sur des tâches stratégiques et d'avoir confiance dans les chiffres de fin de période.
Trintech, ein führender Anbieter von cloudbasierten Lösungen für den finanziellen Abschluss, ist ein Workday Innovationspartner geworden. Diese Partnerschaft integriert die Lösungen von Trintech mit Workday Financial Management (NASDAQ: WDAY) und optimiert das Management des finanziellen Abschlusses, die Kontenabstimmung und die Transaktionsabgleichprozesse.
Die wichtigsten Vorteile sind:
- Automatisierung des Abgleichs von Transaktionen mit hohem Volumen und in mehrere Richtungen
- Risikoreduzierung und Verbesserung der Genauigkeit finanzieller Berichte
- Reduzierung der Abschlusszeit um bis zu 50%
- Steigerung der Mitarbeiterbindung durch Automatisierung
Die Integration zielt darauf ab, die Komplexitäten in den Abgleich- und Abschlussprozessen zu bewältigen, sodass Finanzteams sich auf strategische Aufgaben konzentrieren und Vertrauen in die Endperiode-Zahlen gewinnen können.
- Partnership with Workday enhances Trintech's market position
- Integration streamlines financial close processes, potentially increasing efficiency
- Automation capabilities may reduce time to close by up to 50%
- Solution aims to improve financial report accuracy and reduce risk
- None.
Partnership redefines the approach to financial reconciliations, integrating advanced close and complex reconciliation capabilities to streamline close processes
Workday Financial Management unifies a full range of core financial capabilities to help provide organizations with the real-time insight, agility, and efficiency required to meet the complex needs of today's business landscape.
"With the increasing complexity of financial operations, organizations want integrated solutions that can streamline their financial close processes," said Mekaela Davis, Chief Partner Officer of Trintech. "Our partnership with Workday combines our deep expertise in financial close automation with Workday Financial Management, creating a workspace where finance and accounting teams can prioritize critical business tasks, work more efficiently, and gain confidence in their period-end numbers."
Trintech's Solutions for Workday are engineered to help address complexities in the reconciliation and close processes that fall outside the core scope of Workday. Users can automate the collection of external financial transactions across multiple systems by eliminating manual processes and reducing reliance on internal IT teams. The solutions can match millions of transactions to financial accounts in seconds, routing journal entries back to Workday's general ledger for a faster and more accurate financial close. This automation enhances accuracy and helps improve the work-life balance of accounting teams, allowing more time for strategic financial planning and analysis.
Key Benefits:
- Automate Transaction Matching and Analysis: Automate high-volume, multi-way matching and analyze trends across large sets of data from multiple sources
- Reduce Risk & Report with Agility: Gain greater financial report accuracy in real time while reducing risk
- Reduce Time to Close: Reduce time to collect transactions and complete complex reconciliation processes by up to
50% - Retain Key F&A Talent: Automating complex data collection and reconciliation helps dramatically reduce workplace stress and improve employee retention
More information on Trintech's integration can be found on the Workday Marketplace, which provides easy access to solutions built by Workday and its partners.
To learn more about the Trintech and Workday partnership, schedule time with us at the upcoming Workday Rising and register for Trintech's speaking session, "Reimagining the Financial Close: The Promise of AI-Enabled Automation".
About Trintech
Trintech gives people time back for what matters most. Our cloud–based platform and solutions enable thousands of clients worldwide to lead productivity transformation across their finance and accounting organizations — driving efficiencies, ensuring accuracy to mitigate risk, and empowering strategic decision-making. Make time count with Trintech.
As the leader in Financial Close Management, Trintech is headquartered in
Media Contact:
Kelli Shoevlin
Director, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com
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SOURCE Trintech
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