Trintech offers a cloud-based platform that provides a range of specialized solutions for large enterprises and mid-market organizations to automate finance and accounting processes. Users can manage and automate a wide range of financial processes, including integrated reconciliation, financial close, transaction matching, balance sheet reconciliations, inter-company accounting, and journal entries, among several others. Trintech also enables users to ensure regulatory compliance and reduce risk by offering real-time reporting and analytics dashboards.
Additionally, the company offers a data acquisition tool that enables users to automate the daily retrieval, aggregation, and delivery of financial data. Users can import this data into their own reconciliation, cash management, treasury management, and other financial systems.
The company has also expanded its offering through a number of acquisitions. In July 2023, the company acquired financial reconciliation solutions “Frontier Reconciliation” and “Accurate Reconciliation” from Fiserv , a FinTech and payment solutions provider, for an undisclosed amount. The company plans to leverage the acquisition to expand its portfolio of products and tap into Fiserv’s existing client base of over 400 large enterprise clients across the globe, as of that period. Additionally, the company also expanded its global presence into new international markets via an exclusive referral agreement with Fiserv.
Key customers and partnerships
As of September 2023, the company served over 4,200 clients across the retail, banking, healthcare, manufacturing, insurance, and utilities industries, including large enterprises, such as Target, GSK, HP, Kellogg’s, Microsoft, Uber, and Siemens.
The company also has an extensive partner ecosystem consisting of large advisory and consulting, technology, and business process outsourcing partners, which includes companies like KPMG, Microsoft, Capgemini, Accenture, and PwC. In September 2023, the company partnered with Marcum Technology, an accounting and advisory firm, to enable Marcum to resell Trintech's finance and accounting solutions to potential customers in the US.
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