Leading IT services company Logica has formalized its partnership with financial software provider Trintech, making Trintech Logicaâs preferred software solution provider for General Ledger Accounting and Cash Reconciliation BPO.
Logica also uses Trintechâs solution internally to manage their consulting billing and cash collection processes.
âOur 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 âsingle version of the truthâ are essential.â Said Glenn Inniss, Logica Head of Finance and Procurement BPO. âThe 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.â
âLogica is the latest BPO provider to join the Trintech partner program. Outsourcing partnerships are a key component to Trintechâs accelerated growth strategy. The BPO sector is one of the fastest growing market segments for F&A. Recently, analysts forecast the BPO market to be $29.3B by 2013 (source Datamonitor; Black Book of Outsourcing).â Said Paul Byrne, CEO, Trintech. âIn 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 our clients and partners.â