Trintech partners with Prodiance

Trintech Group has forged an alliance with Prodiance, a provider of solutions for financial spreadsheet remediation and control. Trintech also announces the availability of xlNET, a spreadsheet compliance tool that automates all aspects of the spreadsheet compliance life cycle.

Trintech reports spreadsheet compliance is a natural extension of Trintech's accounting compliance suite, which provides solutions for automating critical accounting processes, including transaction matching, exception management, account reconciliation and closing cycle activities. It adds that by partnering with Prodiance, it further enhances its value to financial departments seeking to optimize compliance processes, streamline operations and reduce risks.

XlNET is based on enabling technologies from the Prodiance Enterprise Compliance Suite of products. It allows customers to inventory and audit spreadsheets; identify risk conditions; remediate errors and control deficiencies; track changes down to the cell level; automate spreadsheet review and approval workflows; reconcile, review and certify spreadsheet results; and track the entire process from beginning to end.