Date Posted: 7/20/2010
Irving Oil Selects Trintech for Account Reconciliation
ReconNET Software Module of Trintech's Unity Platform Increases Efficiency and Compliance, Reduces Risk
DALLAS, DUBLIN, Ireland and LONDON, July 19, 2010 (GLOBE NEWSWIRE) -- Trintech Group Plc (Nasdaq:TTPA - News), a leading provider of integrated financial governance, risk management and compliance software solutions, announced today that Irving Oil Marketing Inc. has selected its ReconNET software for financial process compliance. ReconNET is a component of Trintech's Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.
With over 800 fueling locations in New England and Atlantic Canada, Irving Oil, a Fort Reliance company, is a leader in the Northeast in refining and fuel marketing. Since its founding in 1924 to today, Irving's reputation is based on providing the very best in customer service and products. As a regional family-owned company, Irving serves its community by focusing on corporate social responsibility, and was the first ever oil company to win a USEPA Clean Air Excellence Award for its clean gasoline. For more information about Irving Oil, visit www.irvingoil.com.
Through a suite of software modules, Trintech's Unity platform enables companies like Irving Oil to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten accounting cycle times, reduce the risk of material weaknesses and fully comply with financial regulations and compliance requirements.
Trintech's ReconNET module, the world's leading account reconciliation software solution for high-volume account matching, automates daily, monthly, and periodic reconciliation and balancing of financial accounts. With ReconNET's customizable business rules and automated reconciliation, staff can process accounts and transactions quickly, accurately, and consistently in compliance.
Irving Oil joins over 600 leading global organizations benefiting from Trintech's configurable and highly scalable solutions.
About Trintech Group
Trintech Group Plc (Nasdaq:TTPA - News) is a leading global provider of integrated financial governance, risk management, and compliance (GRC) software solutions for commercial, financial, and healthcare markets. Trintech's recognized expertise in reconciliation process management, financial data aggregation financial close and reporting, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at 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.
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