Trintech, a Dallas, TX-based global provider of integrated Record-to-Report software solutions for the office of finance, received an investment of undisclosed amount.
The round was led by Vista Equity Partners with participation from existing investor Spectrum Equity.
The investment will enable Trintech to expand its customer base in the market for financial management applications.
Led by Paul Byrne, Chief Executive Officer, Trintech provides cloud-based solutions that automate and control the financial close accounting process within corporations, often referred to as the “last mile of finance”. The 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. In addition, ReconNET™ streamlines daily operational reconciliations such as bank and credit card transactions.
The company serves more than 900 customers in 100 countries across a wide variety of industries that include retail, travel and hospitality, high-tech, financial services, pharmaceutical, energy, telecommunications and manufacturing.
It 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.
FinSMEs
02/09/2015