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April 3, 2010 (FinancialWire) -- Trintech Group Plc, a provider of integrated financial governance, risk management and compliance software solutions, said that Calpine Corp. - a major U.S. power company delivering clean electricity to customers in 16 states across the United States and Canada - has selected its Unity Xtensible Financial Reporting software with embedded support for report tagging and generation of XBRL-compliant financial statements.
Unity XFR is a component of Trintech's Unity platform, a suite of modular software solutions enabling companies to meet their financial governance, risk management and compliance goals. The Unity platform enables companies like Calpine to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten cycle times and reduce the risk of material weaknesses and restatements.
Unity XFR, with embedded support for XBRL report tagging, is a production platform to manage and record the entire financial reporting process from period close to SEC filing. Advanced collaboration, validation, document management, and workflow features allow customers to harness the distributed expertise of key stakeholders within the business in order to streamline the process of creating quarterly and year-end financial statements. Unity XFR is the only embedded XBRL reporting solution to fully integrate with a workflow and process management module for the entire financial close - Trintech's Unity Financial Close.
Calpine Corp. is helping meet the needs of an economy that demands more and cleaner sources of electricity. Founded in 1984, Calpine is a major U.S. power company, currently capable of delivering nearly 25,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 16 states in the United States and Canada. |