Press Releases
Trintech announced record bookings in the second quarter of 2024, with approximately 20% year-over-year growth in the first half. By integrating Frontier and Accurate, enhancing AI capabilities, launching new Cadency features, and winning multiple new global customers, the company further solidified its leadership in financial reconciliation and close software.
Quadrant Knowledge Solutions has recognized Trintech as a 2024 technology leader in its SPARK Matrix™ for Financial Close Management (FCM). The evaluation highlights Trintech's Adra and Cadency platforms, which leverage automation and AI to streamline financial close processes. The report also underscores Trintech's strong customer impact and technology excellence, as noted by industry analysts and company leadership.
On September 11, 2024, Trintech announced it became a Workday Innovation Partner and achieved the Workday Packaged Solutions badge. The partnership will simplify the integration between Workday Financial Management and Trintech's financial close solutions, helping finance teams automate transaction matching, shorten close cycles, and reduce risk.
A survey report jointly released by Hokodo and the B2B E-commerce Association reveals that 66% of finance leaders believe their teams cannot keep up with the pace of e-commerce development, and 17% of respondents say their finance teams are not prepared for the future. The survey also found that finance leaders face multiple challenges in balancing financial control with strategic growth, managing cash flow, and payment terms.
Industry Dive announced the launch of the DiveAccess API, which provides access to over 4 million articles from its 37 industry publications, designed specifically for large language model developers to enhance retrieval-augmented generation (RAG) workflows. The API offers continuously updated professional B2B content covering sectors such as banking, automotive, healthcare, agriculture, and energy. Megan McCoskey, Vice President of Product at Industry Dive, stated that the API will help developers significantly improve the ability of models to deliver precise, high-quality responses.
On October 29, 2024, Basware announced the launch of Basware Insights, integrating GenAI technology into its analytics platform. The tool offers natural language querying, real-time data analysis, and key metric monitoring features such as the CFO Cockpit, aiming to address reporting and visibility challenges faced by finance teams in accounts payable processes.
Senior pharmaceutical industry executive Taggart McGurrin recently appeared on the Life Sciences 360 podcast to share his innovative ideas and industry insights in the field of non-addictive pain management.
On November 19, 2024, Legion Technologies announced that it has expanded its partnership with Vail Resorts to all 37 of its resorts in the U.S. and Canada. The Legion WFM platform, which was previously piloted successfully, is now deployed across all resorts, helping management schedule staff more efficiently to address complex mountain operations needs.
Cybrid announces that its platform, supported by stablecoins and the Bitcoin Lightning Network, provides secure and efficient solutions for cross-border and domestic payments, in response to demand driven by the global cryptocurrency market value exceeding $3 trillion and changes in the U.S. regulatory environment.