OmniSci Records Best Quarter in Company History

SINGAPORE, May 20, 2020 – (ACN Newswire) – OmniSci, the pioneer in accelerated analytics, announced today that the company posted its highest-ever revenue for a quarter, closing deals with major new customers, strengthening key partnerships, and expanding the company's global reach. OmniSci's strong Q1 performance provides significant momentum for Q2 and beyond.

Following the company's expansion into Europe last year, in April, OmniSci expanded into Asia to meet growing global demand for its analytics capabilities. The company brought Joseph (Joe) Lee on board as VP of Global Sales and welcomed Herfini Haryono, former CTIO at PT Telkomsel and CIO at Indosat Ooredoo in Indonesia, to the team as VP of Industry Verticals. These experienced executives and their teams have already signed the first customers in the region and are providing local support to new and existing customers.

The company's revenue growth was fueled by major wins with new and expansion customers, including Procter & Gamble, HERE Technologies and the utility company Avangrid. OmniSci also announced a deeper partnership with Z by HP to accelerate data-driven workflows and make the Z8 – the world's most powerful workstation – even more appealing by offering it preloaded with the OmniSci platform, giving data scientists instant access to unprecedented analytics power.

"It's been incredible to see how leading organizations in both the commercial and public sectors are adopting our platform to gain an analytical edge," added OmniSci CEO and Co-Founder Todd Mostak. "Whether in telco, retail and CPG, utilities, or government, our customers need speed-of-thought answers from ever-growing volumes of data. The OmniSci accelerated analytics platform empowers them to leverage all of that data with unprecedented agility, and to make better, more timely business decisions than ever possible with legacy tools. We see a tremendous opportunity ahead to expand the market's idea of what is possible when it comes to analytics, and in the process, help build a more data-driven world."

"OmniSci's mission – to make analytics instant, powerful, and effortless for everyone – has never been more relevant. These results show that their technology is meeting that goal," said Kristina Serafim, Managing Director, Verizon Ventures. "As one of our portfolio companies, we support OmniSci's mission to find insights in data at the heart of the most pressing challenges."

In OmniSci's first quarter, the company also engaged in the public fight against COVID-19, providing their platform to research teams across the country through the OmniSci for Good program. Every federal, state and local government is working to cope with COVID-19 and the massive amounts of data involved, and OmniSci helps these organizations make smarter, data driven decisions. Working closely with data partners including X-Mode, SafeGraph, and Veraset, OmniSci showcased through blogs and videos how data can be used to address the core challenges of the next phase of the COVID-19 fight, including hotspot detection, social distancing, and logistics.

Demand within OmniSci's community of developers, researchers and users also grew in the first quarter. When the virus outbreak made in-person events and conferences unsafe, the OmniSci team pulled together two virtual summits on short notice, to keep their active community well connected. These virtual events included dozens of hours of fresh content, and were attended by more than 1,000 people. The next virtual summit is scheduled for May 19-20, 2020, featuring more new demos, webinars and on-demand sessions.

"OmniSci is growing quickly and globally by delivering strong business outcomes for our clients," said Joe Lee. "We are committed to continuing to bring the best solution and support to our clients while we continue our global expansion. We have a unique solution for interactive geospatial analytics that is very valuable in the telecommunications industry, and plugs a significant gap in current big data environments."

About OmniSci

OmniSci is the pioneer in accelerated analytics. The OmniSci platform is used in business and government to find insights in data beyond the limits of mainstream analytics tools. Harnessing the massive parallelism of modern CPU and GPU hardware, the platform is available in the cloud and on-premise. OmniSci originated from research at Harvard and MIT Computer Science and Artificial Intelligence Laboratory (CSAIL). OmniSci is funded by GV, In-Q-Tel, New Enterprise Associates (NEA), NVIDIA, Tiger Global Management, Vanedge Capital and Verizon Ventures. The company is headquartered in San Francisco. Learn more about OmniSci at www.omnisci.com.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Releases 2020 Global Record to Report Benchmark Report

DALLAS, TX / ACCESSWIRE, May 13, 2020 – (ACN Newswire) – Trintech, a leading provider of financial software solutions, today announced the release of its 2020 Global Record to Report Benchmark Report. Trintech surveyed almost 200 enterprise companies across 31 countries through January 2020 to evaluate which parts of the Record to Report (R2R) process have been automated, which are in the process of being automated and where finance and accounting (F&A) organizations are looking to adopt automation in the future.

Key findings from the survey on the trends in R2R automation include:
– Reconciliations are currently the single biggest challenge for F&A organizations
– A growing number of organizations identify a lack of standardization across all processes as their main roadblock to efficiency
– Looking ahead to 2025, respondents expect their biggest challenges will be personnel related, as attracting and retaining talent becomes more critical

"Automating low-value, repetitive tasks completed by the office of finance is finally starting to gain traction – we see the interest in the benefits of financial automation growing each year," said David King, Chief Marketing Officer at Trintech. "These insights show that there is a huge potential for organizations to achieve significant ROI through the implementation of automation technology. Now, more than ever, organizations are looking for ways to be more efficient, while increasing transparency and ensuring data integrity as part of their month end or quarter end close. The office of finance is providing insights almost daily now that are crucial for business decisions across every industry."

In terms of organizations' current automation practices, only 20% of respondents have "Established" or "Advanced" automation in place. The report's findings also show that most organizations are at least starting the move towards automating some parts of their office of finance, and there are few laggards that have not started implementing automation at all.

"Organizations need to spend more time understanding risk and less time managing data – approaches that deliver that efficiently and effectively, and drive quality into the process, have immense value," said Jim O'Connor, Managing Principal Advisory Practice at The Hackett Group.

To dive into the results of this benchmark report further, Trintech and The Hackett Group will be hosting a joint webinar, How to Prepare Your Organization for the Future of Financial Automation, on Thursday, May 14th, to give companies insight into topics such as:
– The biggest challenges for the month end process
– Roadblocks to having the most efficient process
– The maturity of financial close automation
– Key areas to focus on improving by 2025

Read the full Record to Report (R2R) Benchmark Report here. https://pr.report/H8G3eY14

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About The Hackett Group

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading benchmarking and best practices firm to global companies, with offerings that include smart automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, global business services, and working capital management. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its award-winning Oracle and SAP practices.

The Hackett Group has completed nearly 18,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 90% of the Fortune 100, 80% of the DAX 30 and 57% of the FTSE 100. These studies drive its Best Practice Intelligence Center(TM) which includes the firm's benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.

More information on The Hackett Group is available at: www.thehackettgroup.com, info@thehackettgroup.com, or by calling (770) 225-3600.

Media Contact:
Adrienne Kim
Vested
617-898-8155
trintech@fullyvested.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blue Prism and Pactera Announce Alliance to Bring Intelligent Automation Solutions to Asia and Oceania Based Enterprise Clients

HONG KONG, May 12, 2020 – (ACN Newswire) – Pactera and Blue Prism (OTC Pink: BPRMF) today jointly announced an alliance via the Blue Prism Partner Engage program to bring robotic process automation (RPA) solutions to clients in the Asia and Oceania region. The two organizations have been collaborating in the implementation of RPA and intelligent automation services across a variety of industries and sectors, including banking, insurance, retail, and manufacturing. This announcement formalizes a relationship to expand the offering of digital workforce services and solutions to their clients across Asia and Oceania initially including the Greater China Region, Australia, Japan, Malaysia and Singapore.

Blue Prism invented the term "robotic process automation" and has been a leading global RPA tool vendor for almost 20 years. Blue Prism software enables organizations to automate manual, rules-based, mission critical processes, thereby helping to reduce costs and improve accuracy through the creation of new "digital workers." Pactera, as one of the world's leading IT services and outsourcing firms, has leveraged Blue Prism technology to address a variety of client business issues and opportunities. In addition, Pactera has utilized Blue Prism in internal process improvement initiatives – building and deploying automations to improve both the productivity and quality of its own operations.

"Pactera is very pleased to enter a strategic Asia Pacific & Oceania partnership with Blue Prism, an intelligent automation industry-leader. By linking Blue Prism's industry-leading RPA solution with Pactera's broad regional presence and in-depth localized capabilities for IT and consulting, we firmly believe that the new Blue Prism – Pactera alliance will support clients' business efficiency transformations and bring new value to the marketplace," stated JinSong Li, Executive Vice President, General Manager of APAC Business Group, Pactera.

"During the past several years, Pactera has implemented a number of key automation projects both with high-profile APAC clients and internally within our own firm. Over the course of these engagements we have learned through hands-on experience that Blue Prism is a platform of choice to scale automation initiatives. The Blue Prism – Pactera alliance well positions Pactera in achieving a goal of becoming a strategic digital automation partner for our Asia Pacific clients," said Andy Fung, General Manager of Pactera Hong Kong and Program Executive of Pactera's Intelligent Automation Practice (APAC). "We believe this partnership will further align us on Go-to-Market and up-level implementation capabilities via creation of a Center of Excellence (CoE) covering the stated countries and locations; combining Pactera's local client intimacy with a robust, scalable offshore resources pool across the geographies."

"Pactera is a trusted partner for technology and system integration across all of Asia," remarked Terry Leung, Director, Strategic Alliances, North Asia for Blue Prism. "Pactera's proven ability to guide organizations through digital transformations, combined with Blue Prism's best-in-class intelligent automation platform, well positions our partnership to help clients in Asia and Oceania to realize the benefits of augmented digital workforces."

Pactera holds a leading position in APAC as an intelligent automation implementation service provider given its broad network of Asia Pacific and Oceania practitioners skilled in software robotics and automation. Pactera's locally-based teams help clients to improve their operations and navigate the challenges of the intelligent automation journey via an ideal mix of strong technical know-how and native, cultural understanding of the Asia/Oceania business environments.

"Blue Prism and Pactera share a common vision for building out the intelligent automation ecosystem in APAC and helping customers to improve operational efficiencies by automating mission critical work processes that can also be easily integrated with best-in-breed AI-enabled technologies and services," advised Gareth Lane, Head of Alliances, APAC, for Blue Prism. "This alliance is a competitive differentiator and one that will provide tremendous value to the clients we serve."

About Pactera

Pactera is a Global Technology company with 29,000 employees worldwide committed to delivering Digital-themed consulting, UX interaction, IT implementation and Operations services to customers. Pactera creates business value for Fortune 2000 companies by accelerating business innovation, enabling new growth, improving operational efficiency and transforming the user experience.

CONTACT: bg9_ro_bot@pactera.com

About Blue Prism

Blue Prism's vision is "A Digital Workforce for Every Enterprise." The company's purpose is to unleash the collaborative potential of humans so every enterprise can exceed business goals and drive meaningful growth. Available on-premises, in the cloud, hybrid, or as an integrated SaaS solution, Blue Prism's Digital Workforce automates end-to-end processes that drive digital transformation. Visit www.blueprism.com to learn more or follow Blue Prism on Twitter @blue_prism and on LinkedIn.

CONTACT: andre.fuochi@blueprism.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

2020 Global Cloud Shopping Festival from Shenzhen’s Nanshan District

SHENZHEN, CHINA, May 9, 2020 – (ACN Newswire) – Shenzhen's Nanshan District has launched "2020 Global Cloud Shopping Festival, Trip to Nanshan", from April 25 to June 30, to revitalize consumption and boost the district's economy. The festival is issuing benefits to consumers in the form of discounts, coupons and raffles, delivered via online platforms. This event is organized by Shenzhen Nanshan District Industrial and Commercial Bureau (Bureau of Commerce) along with domestic internet giant Tencent and Chinese online lender Lexin.





Hotels, restaurants, travel agents and other businesses in Nanshan are boosting their sales with collected coupons and discounts available via a WeChat mini-program named 'Yungou Nanshan', or 'Cloud Purchase Nanshan', while high-tech companies are on a special raffle page at 'Fenqile', by Lexin. Raffle entrants have the chance to win various brand items including drones and intelligent robots provided by local companies DJI and UBTECH, among others.

The district not only gathers retail, accommodation, catering, tourism and technology companies to propose deals and discounts to the festivals shoppers, but it helps participating businesses with preferred displays and media communications during the event.

As a strong economic and technological district, Nanshan is committed to innovation and strives to provide an international first-class business environment for local enterprise. Nanshan has successfully nurtured world-renowned technology companies such as Tencent, Huawei, DJI, and many others.

As a win-win event which brings benefits to enterprises and the public, the 2020 Global Cloud Shopping Festival, Trip to Nanshan, is warmly welcomed by the citizens of the district. Nanshan looks forward to people from around the world learning about it and coming online to join in!

Media Contact:
Shenzhen Nanshan District Industrial and Commercial Bureau (Bureau of Commerce)
Phone: +86 755 26667554



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Extends Reporting Capabilities in Its Adra Suite with the Launch of Adra Analytics

DALLAS, TX / ACCESSWIRE, May 5, 2020 – (ACN Newswire) – As a leading provider of financial software solutions, Trintech today announced the launch of Adra Analytics, extending the reporting capabilities of its Adra Suite. This solution ensures companies have full visibility into their financial data in one consolidated location, giving them a one-stop-shop for all their financial reporting needs.

"Adra Analytics has given us full visibility into the quality and efficiency of our close process," said Wojciech Bec, Financial Controller at Unit4. "We can identify which areas we are doing well, and which areas need improvement. This insight has enabled us to accelerate our financial close process significantly."

With Adra Analytics, organizations can now track the trends and movements of their financial data throughout one period, or over several, to give them greater insight into how their company is maturing. It allows organizations to combine financial data within the Adra Suite with data from other solutions, such as their ERP, through a BI toolkit, to give them complete insight into their month-end alongside non-close related activities. Through customized dashboards organizations gain visibility into high-level summaries of their data and they also provide the ability to deep dive into the details required to analyze how their month-end is impacting the overall company's financials.

"As a leading financial software provider, we know that a company's financial data is mission critical, especially during a time like this," said Darren Heffernan, President, Mid-Market at Trintech. "Finance & Accounting (F&A) organizations are even more integral to their businesses because they have the data that are driving those immediate business decisions. To help provide that real-time visibility into the financials, we are thrilled to announce the launch of Adra Analytics that will help F&A organizations gain those insights quickly to help drive the strategic directions of their organizations."

Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), financial task management and controls (Adra Task Manager), and reporting (Adra Analytics).

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin, Trintech – +1-972-739-1680 or Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech and The Hackett Group Announce Strategic Partnership to Help Organizations Transform the Close

DALLAS, MIAMI & LONDON / ACCESSWIRE, Apr 23, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, and The Hackett Group, Inc. (HCKT), an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, today jointly announced a strategic alliance to deliver finance solutions that empower organizations to deliver real-time financial intelligence to executives and add strategic value to the enterprise.

"The demand for Record to Report technology solutions continues to grow as finance organizations around the world seek to increase not only the efficiency, but also the effectiveness of their financial close," said David Dungan, Vice Chairman and COO of The Hackett Group. "We believe this strategic partnership with Trintech will offer customers a comprehensive solution that will drive true financial transformation."

With this strategic alliance, Trintech and The Hackett Group will provide CFO and CIO organizations with effective finance processes and technology solutions that optimize efficiencies, visibility, governance and controls across the entire Record to Report process. By improving and automating these operations, Trintech and The Hackett Group will help the office of the CFO reduce costs and risk and allow them to free up valuable resources to refocus their time and effort on other initiatives critical to the business.

"We are confident that organizations committed to digitally enabling and transforming their financial processes will benefit immensely from the combination of Trintech's System of Accounting Intelligence(TM) and The Hackett Group's expertise in helping businesses simplify, standardize, and automate their processes," said Russ Hubbard, Chief Revenue Officer at Trintech. "Together, we aim to help finance organizations become simpler, agile and more efficient."

With this partnership, Trintech's customers will be able to extend and augment the benefits they have experienced from utilizing Trintech's leading Record to Report solution by engaging The Hackett Group's empirical benchmarks, intellectual property, and focused consulting capabilities that detail how companies can improve efficiency and effectiveness and quantify world-class and peer performance. The Hackett Group's research also spotlights strategic thinking in financial transformation strategy, best practices and emerging areas – including the increasing use of digital transformation such as robotic process automation and artificial intelligence.

About The Hackett Group

The Hackett Group (HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm to global companies, offering digital transformation including robotic process automation and enterprise cloud application implementation. Services include business transformation, enterprise analytics, working capital management and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its award-winning Oracle and SAP practices.

The Hackett Group has completed more than 15,000 benchmarking studies with major corporations and government agencies, including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 87% of the DAX 30 and 59% of the FTSE 100. These studies drive its Best Practice Intelligence Center(TM) which includes the firm's benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.

More information on The Hackett Group is available at: www.thehackettgroup.com, info@thehackettgroup.com, or by calling +1-770-225-3600.

Hackett Cautionary Statement Regarding "Forward Looking" Statements

This release contains "forward looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as "expects", "anticipates", "intends", "plans", "believes", seeks", "estimates" or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward looking statements. Forward looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward looking statements include without limitation, the ability of Hackett to effectively market and continuing demand for Trintech software, its digital transformation and other consulting services, competition from other consulting and technology companies who may have or develop in the future, similar offerings, the commercial viability of Hackett and its services as well as other risk detailed in Hackett's reports filed with the United States Securities and Exchange Commission. Hackett does not undertake any duty to update this release or any forward looking statements contained herein.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contacts:
Kelli Shoevlin, Trintech – +1-972-739-1680 or Kelli.Shoevlin@trintech.com
Gary Baker, The Hackett Group – +1-917-796-2391 or gbaker@thehackettgroup.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Partners with Sage to Help Businesses Simplify and Accelerate Financial Close Processes

DALLAS, TX / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced a technology partnership with Sage to help companies simplify and accelerate financial close processes. As part of this partnership, Trintech has created a pre-built, Sage Intacct-certified connector for its Adra Suite, allowing companies to reduce the cost and time associated with data integration between the two solutions.

"With this Trintech partnership, businesses leveraging the powerful cloud financial management capabilities of Sage Intacct can seamlessly integrate with Trintech's Adra Suite to achieve greater visibility and control over their financial close process," said Eileen Wiens, VP of Business Development for Sage Intacct.

Currently available in the Sage Intacct Marketplace, Trintech's pre-built, Sage Intacct-certified connector automatically retrieves the data required in the reconciliation and close process, removing manual processing requirements and reducing dependency on internal IT organizations. The connector leverages Sage Intacct APIs to obtain open accounts, limits the request to specific accounts, and retrieves GL balance or transactions for integration with the Adra Suite. With this integration, organizations remove ongoing support and custom code costs – increasing the organizations ROI.

"The combination of Sage Intacct and our Adra Suite helps companies establish an operational framework to reduce expense and time, while better fulfilling organization expectations," said Darren Heffernan, President, Mid-Market at Trintech. "Together, we provide innovative solutions that help finance and accounting teams achieve shorter close cycles and better controls, enabling them to focus their time and effort on helping achieve the strategic directions of their organizations."

Deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

Businesses interested in the Adra Suite or Sage Intacct solution can request more information at https://www.trintech.com/adra/schedule-a-demo/ or on the Sage Intacct Marketplace.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

US Lighting Group Develops UV LED Light Bulb to Help Fight the Spread of Viral Pathogens Like COVID-19

EASTLAKE, OH / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – US Lighting Group, Inc. (OTCPINK:USLG) today announced it is developing a new UV LED Plug-n-Play 4-foot, commercial bulb to replace traditional florescent lights to help combat viral pathogens like COVID-19 using ultraviolet light technology to sterilize surfaces. Paul Spivak, CEO of the US Lighting Group, currently holds two patents issued by the United States Patent and Trademark Office. Patent No. 6828576 and Patent No. 7229467 were issued for UV LED Light Projection Method and Apparatus using ultraviolet and LED lighting technology.

"We are ecstatic to announce that we have engineered the latest Plug-n-Play 4-foot, commercial replacement bulb with our UV LED lighting technology. The US Lighting Group manufactures commercial LED light bulbs, so adding our patented UV LED lights to our existing LED light bulb will put the company light years ahead of the industry," said Paul Spivak, CEO of the US Lighting Group. "These UV LED light bulbs have the potential to disinfect viral agents in critical areas including hospitals, supermarkets, schools, airports, medical labs, senior care centers, fire and police stations. We anticipate a significant growth potential for the company from the development of our new UV LED light bulb."

Scientific research has proven that UV lights have the capability to disinfect pathogens like flus and superbugs. UV LED lighting will be effective in helping to disinfect viral pathogens giving patients, customers, workers and families a measure of protection against the spread of infections. Other applications that use ultraviolet lighting include Vitamin D generation, an essential vitamin which many people lack. The US Lighting Group's UV LED lighting can also be employed in schools, government buildings, office buildings, and hotels. Germicidal UV lighting products have an effective success rate in sterilizing pathogens based on scientific research.

About U.S. Lighting Group, Inc.

US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics, and high-tech robotics utilizing our own in-house proprietary artificial intelligence. The company has manufacturing and R&D facilities in Cleveland, Ohio with an international sales distribution network. www.uslightinggroup.com

Forward-Looking Statements

Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.

Contact

US Lighting Group
34099 Melinz Pkway, Unit E
Eastlake, OH 44095 USA
T: +1 216.896.7000 ext. 207
shareholder-relations@uslightinggroup.com

SOURCE: US Lighting Group, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com