Siemens and Trintech to Discuss ROI of Finance Automation at IQPC Shared Services Conference

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Interactive Case Study Session Will Discuss Best Practices for Finance in a Global Shared Services Environment


Dallas, TX - March 10, 2014

Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance™, announced today that it is sponsoring the International Quality & Productivity Center’s (IQPC) 18th Annual North American Shared Services & Outsourcing Week being held on March 12 – 14, 2014 at Disney’s Contemporary Resort in Orlando, Fl. The conference draws over 1000 senior shared services and outsourcing executives for four-days of intense learning, information-sharing and networking sessions designed for all stages of shared services maturity.

During the program, Trintech customer Siemens, the $75B global powerhouse in electrical engineering and electronics, will present the case study session “How Siemens Moved Finance into a Shared Services Environment.” The presentation will be held on Thursday, March 13, 2014 from 11:15 – 11:55 a.m. ET, and is open to all conference attendees.

The session discusses best practices for moving account reconciliations, journal entry and other portions of the financial close process into a Shared Services environment, and the key challenges and benefits to consider when doing so. Featuring Karen Talley, Siemens’ North American Global Shared Services Accounting Manager, and Aaron Veach, Director of Product Experience at Trintech, the presentation will focus on:

•    Understanding where Shares Services can impact the record-to-report (R2R) process

•    Identifying common mistakes made by the SSC when engaging with customers

•    Highlighting best practices and lessons learned for solutions roll-out

•    Reviewing the ROI of finance automation at Siemens GSS

Throughout the event, Trintech will be highlighting its financial governance solutions focused solving the risk, resource and cost challenges associated with the entire R2R process. Cadency® manages all aspects of the financial close – including automating balance sheet reconciliation, journal entries, governance and compliance, and financial reporting, including XBRL tagging. ReconNET™ streamlines high volume reconciliations such as bank and credit card transactions. The Trintech team will be showcasing its solutions in the exhibit hall at booth #48. For more information, please visit http://www.trintech.com/about-trintech/news-events/calendar-of-events.

About Trintech

Trintech is the leading provider of financial software solutions for the Record-to-Report process. Over 700 clients in 100 countries – including half of the Fortune 50 and the FTSE 100 – rely on our solutions to optimize resources, reduce costs, manage risk and monitor activities across the entire finance organization worldwide. Trintech offices are located in the United States, the United Kingdom, The Netherlands, Australia, France, Ireland and Hong Kong, with partners in South Africa, Latin America and across the Asia Pacific region. For more information on how Cadency can help you orchestrate your Rhythm of Finance™ visit www.trintech.com.

News Source : Siemens and Trintech to Discuss ROI of Finance Automation at IQPC Shared Services Conference

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