Logica also uses Trintech’s solution internally to manage their consulting billing and cash collection processes.

Logica head of finance and procurement BPO Glenn Inniss said their customers expect the business benefits of outsourcing key financial processes to deliver not merely cost savings, but also improvements in process efficiency, quality and compliance. To achieve this improved process, visibility and a reliable ‘single version of the truth’ are essential.

"The Trintech software suite is a powerful tool for monitoring, controlling and automating the Last Mile of Finance including account reconciliation, financial close management and financial reporting. It significantly strengthens our ability to support customers in both operational and strategic areas of their business," Inniss said.

Trintech CEO Paul Byrne SAID In the market for outsourcing, financial executives need to have full visibility over the accounting process to ensure it is managed in a diligent, controlled, and compliant manner. With the escalating demands for faster close and increasing compliance requirements, Trintech solutions have never been more important to their clients and partners.