HCL ties up with Trintech

MUMBAI, INDIA: HCL Technologies Ltd., a provider of IT services provider, on Thursday announced its partnership with Trintech, a leading financial software provider.

HCL will leverage Trintech’s Last Mile of Finance platform to deliver its customers with cost reduction and process improvement capabilities, said a press release.

“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.

Trintech offers a robust 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 release added.

He added that 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.

‘Trintech is pleased to include HCL in our partner portfolio. BPO services have matured and are not just about labor arbitrage any longer. Process standardization 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 organization which is now key for CFOs particularly when looking to outsource to external providers,” said Paul Byrne, CEO Trintech.