Trintech, a US-based cloud-based, integrated reconciliation, and financial close solutions provider, has forged a partnership with full-service public accounting and consulting firm Whitley Penn to transform and automate finance and accounting processes.

Through the collaboration, Whitley Penn will be able to deliver and implement Trintech’s cloud-based finance as well as accounting solutions to businesses in the US.

The partnership will also help firms which are seeking to modernise and automate their reconciliation and financial close processes by optimising work, enhancing accuracy, and lowering risk.

Whitley Penn client advisory and accounting services (CAAS) practice partner-in-charge Irfan Dossani said: “We are thrilled to partner with Trintech in order to provide our clients with solutions to streamline closing and consolidation processes and round out our CAAS offerings.

“We’re dedicated to providing elevated value not only within our consulting and outsourced accounting services, but also by recommending, implementing and managing FinTech solutions and integrations to help the offices of the CFO and CAO scale.”

Headquartered in Texas, Trintech offers a suite of financial solutions, including its Cadency platform for large enterprises and Adra suite for mid-market organisations, to handle all aspects of the reconciliation and financial close processes.

Its portfolio encompasses a range of solutions, spanning high-volume transaction matching, automation and oversight of balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, as well as governance, risk, and compliance.

Trintech partner success and global advisory senior vice president Mekaela Davis said: “We are excited to formalise our partnership with Whitley Penn as we continue to expand Trintech’s partner ecosystem across the globe to better serve our new and existing customers.

“Together, Trintech and Whitley Penn share a common goal in providing organisations with a holistic business vision and strategy to reduce costs, drive efficiencies and mitigate risk across their reconciliation and financial close processes.”

In July 2023, Trintech announced the acquisition of Frontier Reconciliation and Accurate Reconciliation from fintech and payments solutions provider Fiserv.