RCS - Trintech, Inc. - Trintech’s Cadency Gains SAP-certified Integration

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23/02/2023 17:15

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RNS Number : 7738Q  Trintech, Inc.  23 February 2023

Trintech's Cadency V10.3 for SAP ERP Achieves SAP(R) Certified Integration
with SAP NetWeaver(R)

Cadency V10.3 for SAP ERP solution interoperates with SAP technology to help
reduce the cost, time, and risk of data integration in financial close
processes

DALLAS, TX / ACCESSWIRE / February 23, 2023 / Trintech
(https://pr.report/B637HCtU) , a leading global provider of cloud-based
financial close solutions, today announced that its Cadency V10.3 for SAP ERP
solution has achieved SAP-certified integration with the SAP NetWeaver(®)
technology platform. Bi-directional in nature, Cadency reduces the cost, time,
and risk of data integration with SAP, by automatically retrieving the data
required for the reconciliation and close processes, as well as directly
validating and posting journal entries in real-time.

"We are thrilled to announce the renewed certification of our Cadency V10.3
for SAP ERP as integrated with SAP NetWeaver," said Michael Ross, Chief
Product and Technology Officer at Trintech. "This integration brings enhanced
control, automation and data integrity to finance and accounting departments
around the world, while also helping to ensure that data flowing to and from
their SAP solutions is as seamless as possible."

The SAP Integration and Certification Center (https://pr.report/SK7eCo6p) (SAP
ICC) has certified that the integration software for the product Trintech's
Cadency V10.3 for SAP ERP solution integrates with SAP NetWeaver, bringing
elevated visibility and control to hundreds of finance and accounting
departments around the world. Furthermore, it eliminates the need to develop
custom code, making the integration between SAP and Cadency less expensive,
quicker, and more efficient. This capability also reduces the dependency on
internal IT maintenance services, as the certification helps ensure that all
appropriate data is integrated into Cadency.

Trintech has hundreds of customers, such as HP (https://pr.report/EH0sgGk9) ,
Boston Scientific (https://pr.report/Fy0KfzMr) , and Serco
(https://pr.report/7xAkfhUw) , running SAP solutions alongside its enterprise
platform, Cadency. For example, Serco is running 5,000 balance sheet
reconciliations through Cadency on a monthly basis. In addition, it is
auto-reconciling 15,000 accounts, saving it 500 hours per month. To gain even
further efficiencies, Serco also utilizes Trintech's SAP connector
(https://pr.report/IZvXeth4) .

"This connector automatically interfaces data flows from our SAP instance into
Cadency so our team can begin analyzing it within minutes. Having the direct
interface from SAP also gives confidence in the data matching between the two
systems," said Paul Adams, Head of New Business and R2R at Serco. From a
reporting perspective, Serco's leadership team also now has full visibility
into a reporting dashboard that allows them to drill-down into any account and
identify risk on the balance sheet.

To learn more on how Trintech can help maximize your investment and close
faster each month, please contact us here (https://pr.report/C9NjqexO) .

About Trintech

Trintech Inc. (https://pr.report/sPBFkMev) , a pioneer of financial corporate
performance management software, combines technical and financial expertise to
create innovative, cloud-based software solutions that deliver world-class
financial operations and insights. From high volume transaction matching and
streamlining daily operational reconciliations, to automating and managing
balance sheet reconciliations, intercompany accounting, journal entries,
disclosure reporting and bank fee analysis, to governance, risk and compliance
- Trintech's portfolio of financial solutions, including Cadency
(https://pr.report/LmFtYHNb) (® (https://pr.report/LmFtYHNb) ) Platform
(https://pr.report/LmFtYHNb) , Adra (https://pr.report/ujyknRFv) (®
(https://pr.report/ujyknRFv) ) Suite (https://pr.report/ujyknRFv) , and
targeted tools, ReconNET™, T-Recs(®), and UPCS(®), help manage all aspects
of the financial close process. Trintech's excellence in both innovation and
client support have been recognized with a variety of awards over the years
including most recently "Easiest to Do Business With" and "Fastest
Implementation" in G2's Fall 2022 Report (https://pr.report/470wMqLf) . Over
3,500 clients worldwide - including the majority of the Fortune 100 - rely on
the company's cloud-based software to continuously improve the efficiency,
reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United
States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the
Netherlands, and the Nordic countries, as well as strategic partners in South
Africa, Latin America, and the Asia Pacific. To learn more about Trintech,
visit www.trintech.com (https://pr.report/CGbkZXs1) or connect with us on
LinkedIn (https://pr.report/FZUR8ib-) , Facebook (https://pr.report/nIjMiu-q)
and Twitter (https://pr.report/LM0DjPKi) .

# # #

SAP and other SAP products and services mentioned herein as well as their
respective logos are trademarks or registered trademarks of SAP SE in Germany
and other countries. Please see https://www.sap.com/copyright for additional
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mentioned are the trademarks of their respective companies.

Media Contact:

Kelli Shoevlin

Sr. Manager, Global Corporate Marketing & Communications

kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

 

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