Trintech and Special Guest The Hackett Group to Discuss Top Performer Benchmarks for Financial Close in Australia
Leading Global Strategic Advisory Firm and Inventor of Cloud-Based Record-to-Report Software Solution to Lead Forums on Best Practices for the Financial Close
Trintech, the leading global provider of integrated Record-to-Report software solutions for the office of finance, today announced that it is bringing its very successful seminar series focused on helping organisations benchmark their financial close process performance to Australia. The keynote presentation for each event will be delivered by special guest The Hackett Group, a leading global strategic business advisory firm.
“Finance teams face growing pressures from changing regulations and accounting standards, increasingly complex, global organisations, and constrained budgets,” said Robert Michlewicz, Trintech EVP. “Global finance teams are still managing their close process with fragmented systems, point solutions and spreadsheets that reduce overall efficiency, impede visibility and increase risk across the process. At these events, delegates will learn lessons and best practices from Trintech’s experience in dealing with over 800 global enterprises intertwined with Hackett’s Account-to-Report Performance Study, and gain an understanding of the road map they should follow to help address these challenges head-on.”
At each seminar, Richard Langley, Director at The Hackett Group Australia, will present key findings from The Hackett Group’s Account-to-Report Performance Study Research, a definitive view on record-to-report process performance assembled by surveying companies around the world. Richard will discuss median account-to-report performance levels compared with those of top performers, share key metrics for companies to measure and monitor the performance of their financial processes, and highlight opportunities to exploit technology to increase efficiency and effectiveness.
Delegates will also learn how companies improve efficiency, reduce risk, and create a centralised financial close process that increases visibility through Cadency®, Trintech’s cloud-based enterprise class record-to-report automation technology. Trintech recently announced it has achieved more than 100 percent year-over-year growth, fuelled by the adoption of Cadency across blue-chip companies in Australia and around the world.
“The Hackett Group focuses our efforts on evaluating and optimising strategies for operational excellence,” said Richard Langley, Director at The Hackett Group Australia. “The financial close is often inefficient and can be a significant drain on finance teams and budgets. By streamlining and automating this process, Australian organisations can mitigate risk, improve access to information, and reallocate employees to higher-value tasks.”
Australia Best Practices for Financial Close Forum Schedule:
- Melbourne, 29 September
- Sydney, 2 October
Seating is limited at this complimentary forum and will be offered on a first-come, first-serve basis. For more details and to register for attendance, visit: http://www2.trintech.com/Event/Australia2014.
Trintech is the leading provider of financial software solutions for the Record-to-Report process. Over 800 clients in 100 countries – including half of the Fortune 50 and the FTSE 100 – rely on our solutions to optimise resources, reduce costs, manage risk and monitor activities across the entire finance organisation worldwide. Trintech’s Cloud-based Cadency® software manages all aspects of the financial close – from automating and managing balance sheet reconciliation, journal entries, to governance, risk and compliance, and financial reporting. ReconNET™ streamlines daily operational reconciliations such as bank and credit card transactions. Trintech has offices located across the US, UK, Australia, France, Ireland, the Netherlands and the Nordics, with partners in South Africa, Latin America and across the Asia Pacific region. www.trintech.com.
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