HCL Partners Trintech To Improve Clients' Record To Report Processes

IT Services major, HCL Technologies has announced its partnership with financial software provider, Trintech. HCL will leverage Trintech’s Last Mile of Finance platform to deliver its customers with cost reduction and process improvement capabilities.

Trintech offers a web-based platform on which HCL can transform its clients’ R2R processes. By leveraging Trintech’s Last Mile of Finance platform HCL will provide clients with complete, real-time visibility across multiple ERPs and disparate legacy systems. The Trintech platform enables HCL to automate clients’ reconciliations and streamline the entire financial close process to ensure compliance, improved cycle times, and reduced costs.

“HCL is glad to collaborate with Trintech which is a perfect fit to HCL’s strategy to offer wing-to-wing F&A services across O2C, P2P and R2R by adding ‘disruptive technology’ to F&A levers. We are confident that Trintech’s Last Mile of Finance platform will bring tangible improvements to our clients R2R processes, thereby enabling HCL to support clients in key operational and strategic areas of business,” said Randy Mueller, Vice President – F&A, Business Services, HCL Technologies Ltd.

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“BPO services have matured and are not just about labor arbitrage any longer. Process standardisation and operational excellence, enabled by technology such as Trintech’s ‘Last Mile of Finance’ platform, delivers year-on-year efficiency gains, providing standardisation, control and automation as well as visibility and transparency across the organisation which is now key for CFOs particularly when looking to outsource to external providers,” said Paul Byrne, CEO Trintech.