Date Posted: 7/28/2010
Ultra Petroleum Selects Trintech for Account Reconciliation and Certification
AssureNET ASP Software Module of Trintech's Unity Platform Tracks, Prepares, Reviews and Assesses Account Reconciliation Processes
DALLAS, DUBLIN, Ireland and LONDON, July 26, 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 Ultra Petroleum Corp. has selected its AssureNET ASP software for financial process compliance. AssureNET ASP is a hosted component of Trintech's Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management, and compliance goals.
Ultra Petroleum Corp. (NYSE:UPL - News) is an independent exploration and production company focused on developing its long-life natural gas reserves in the Green River Basin of Wyoming -- the Pinedale and Jonah Fields, and is in the early exploration and development stages in the Appalachian Basin of Pennsylvania. Additional information is available at www.ultrapetroleum.com.
Through a suite of software modules, Trintech's Unity platform enables companies like Ultra Petroleum 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 AssureNET ASP module is offered as a hosted solution via Trintech's On-Demand business unit. AssureNET ASP automates account certification, managing the review, approval and certification of all account reconciliations for a company's accounting close process. AssureNET ASP distributes and tracks progress on all tasks necessary for certification, automates reconciliation of GL accounts, enforces control structures, and facilitates creation of compliance documentation.
Ultra Petroleum 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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