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Software provides reconciliation and exception management.


October 15, 2008 - With archival module, ReconNET 7.5 streamlines reconciliation workflow so customers can deploy resources to other areas critical to business. Program automates complex daily, monthly, and periodic accounting processes, and is suited for organizations with high-volume or complex transaction matching, exception identification, and operational risk management requirements. Security measures give customers control over ReconNET access rules such as character and case sensitivity.

(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

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Trintech Announces New Version of ReconNET Reconciliation and Exception Management Solution


ReconNET 7.5 Streamlines Reconciliation Workflow and Improves Security, Internal Controls, and Usability

DALLAS and DUBLIN, Ireland, Oct. 6 /-- Trintech Group Plc (NASDAQ:TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance solutions, today announced the availability of ReconNET 7.5. The newest version of Trintech's reconciliation and account balancing application includes improved security, usability enhancements, and supports a new archival module which will help customers further streamline reconciliation workflow so they can deploy resources to other areas critical to their business.

ReconNET 7.5 includes support for current versions of Oracle and Microsoft databases, the Microsoft Windows Vista operating system, and Crystal 2008. A new automated and configurable archive module is available and supported in the 7.5 release -- allowing customers to save important historical data outside of the ReconNET production database, enabling maximum performance in the production environment.

ReconNET easily automates complex daily, monthly and periodic accounting processes, and is ideal for organizations with high-volume or complex transaction matching, exception identification, and operational risk management requirements. Additional security measures now provide customers even more control over ReconNET access rules such as character and case sensitivity. The inclusion of multi-layer sorting enables application users to save time and increase productivity, while improved navigation, pick list functionality, and the ability to delete transaction codes in bulk offers greater ease of use and control over the reconciliation process.

"The increasing sophistication of ReconNET allows clients to explore new avenues for reconciliation process improvement. Our clients continue to creatively expand their use of ReconNET for a variety of transaction types," said John Harte, EVP and General Manager for Trintech. "This latest release further increases the ability to effectively manage risk, improve operational efficiencies, and offers improved flexibility and system enhancements to benefit large enterprise users who process very high volumes of transactions daily."

About Trintech Group

Trintech Group Plc (NASDAQ:TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.

Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.

Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

Trintech - 15851 Dallas Parkway, Suite 900 - Addison, TX 75001 - Tel 1 972 701 9802

Trintech UK Ltd. - Warnford Court, 29 Throgmorton St. - London EC2N2AT, UK - Tel +44 (0) 20 7628 5235

Trintech Technologies - Block C, Central Park - Leopardstown, Dublin 18, Ireland - Tel +353 1 293 9840

Trintech - Cypresbaan 9 - 2908 LT Capelle a/d Ijssel, The Netherlands -Tel +31 (0) 10 8507 474

CONTACT: Joe Nicholson, Vice President of Marketing of Trintech, +1-408-213-4420, joe.nicholson@trintech.com

Web site: http://www.trintech.com/



Contacts:

Marketing:
Joe Nicholson Vice President of Marketing
USA
Phone: 408-213-4420
Send email  E-mail this person

Company Information:
Name: Trintech, Inc.
Address: 15851 Dallas Pkwy.
City: Addison
State: TX
ZIP: 75001
Country: USA
Phone: 800-416-0075
FAX: 972-701-9337
http://www.trintech.com


More New Product News from this company:
General Ledger Reconciliation Software automates close processes.
GRC Software integrates financial and compliance data.
Software facilitates general ledger management.
Financial Software manages period-end close processes.
Software produces patient care cost estimates.
Software helps ensure general ledger accounting compliance.
Software optimizes collection item processing.
Financial Software streamlines reconciliation workflow.
Healthcare Provider Software is capable of EOB conversion.

Other News from this company:
Lafarge Selects Trintech to Help Improve Performance in its UK Financial Shared Services Environment
Trintech's Customer Conference 2007 Goes to Hollywood
Trintech Launches New Product for Web-based Accounting Compliance
Trintech's ReconNET 7.3 Provides the Ability for Businesses to Measure, Manage and Reduce Security Risk, and Comply with the PCI Standard



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