Leading IT services pany Logica has formalized its partnership with financial software provider Trintech, making Trintech Logica’s preferred software solution provider for General Ledger Aounting and Cash Renciliation BPO. Logica also uses Trintech’s solution internally to manage their nsulting billing and cash llection processes.

“Our Customers expect the business benefits of outsourcing key financial processes to deliver not merely st savings, but also improvements in process efficiency, quality and pliance. To achieve this improved process, visibility and a reliable ‘single version of the truth’ are essential.” Said Glenn Inniss, Logica Head of Finance and Procurement BPO. “The Trintech software suite is a powerful tool for monitoring, ntrolling and automating the Last Mile of Finance including aount renciliation, financial close management and financial reporting. It significantly strengthens our ability to support customers in both operational and strategic areas of their business.”

“Logica is the latest BPO provider to join the Trintech partner program.  Outsourcing partnerships are a key ponent to Trintech’s aelerated growth strategy. The BPO sector is one of the fastest growing market segments for F&A. Recently, analysts forecast the BPO market to be $29.3B by 2013 (source Datamonitor; Black Book of Outsourcing).” Said Paul Byrne, CEO, Trintech. “In the market for outsourcing, financial executives need to have full visibility over the aounting process to ensure it is managed in a diligent, ntrolled, and pliant manner. With the escalating demands for faster close and increasing pliance requirements, Trintech solutions have never been more important to our clients and partners.”