Top 11 Trintech Alternatives & Competitors (2024 Comparison)

Analyze and review the Top Trintech Competitors to pick the best Trintech Alternatives that provide multiple competent features and functionalities to increase productivity:

Trintech is an industry-leading financial close and account reconciliation software that facilitates accuracy, control, and visibility in your accounts automation processes.

It offers various solutions including transaction matching, automated reconciliation, financial close management, reporting & analytics, audit & compliance, and more. It serves a wide variety of industries including retail, banking, healthcare, insurance, power & utilities, and more.

Trintech Alternatives & Competitors: Top-Trending

Its live representative is available 24/7 and offers various training options, including webinars, documentation, in-person, and live online. It helps eliminate unnecessary repetitive work, saving time, and enabling the team to focus on the most complex and value-added activities.

To learn more about its functionality, check out a short video here:

Understanding Trintech

Here are the features to consider:

• Financial close management solution helps to solve issues with data accuracy, reconciliation, manual processes, compliance, etc.
• Automated reconciliation helps in managing account closing faster, accurately, and easily.
• Provides visibility into all accounts in one place to manage them efficiently.
• Helps in optimizing transaction matching processes with automation.
• Ensures a faster and more efficient close by providing actionable insights and visibility into accounts and enabling you to work side-by-side.
• Provides pre-configured reports to help you in making business-critical decisions.

Pros:

• Improves workflows and increases team collaboration
• Reduces dependency on spreadsheets
• Enhances visibility into cash
• Reduces write-offs
• Improves data quality
• Increases productivity

Cons:

• Not fit for low-volume reconciliation requirements.
• Not suitable for small-scale businesses.

Verdict: Trintech is recommended for streamlining workflows, improving collaboration with standardized processes, and eliminating manual tasks with automation to let you focus on more strategic initiatives.

Over 300 users have trusted it, including many world’s leading organizations, like Kellogg’s, HP, Microsoft, SIEMENS, Uber, and many more.

Pricing: Contact for pricing.

Website: Trintech

Need for Trintech Competitors

While Trintech offers various competent features and functionalities, some users may find certain features or aspects lacking.

These factors could prompt users to explore Trintech alternatives, including:

• For customers with limited budgets or small-scale businesses, Trintech may not be the most cost-effective solution.
• Compatibility issues may arise with existing financial software that cannot integrate seamlessly with the Trintech platform.
• Trintech may lack specific features or functionalities that some customers require.
• There is a slight learning curve associated with its implementation, requiring some assistance. Some customers may prefer to stick with familiar software.

Factors to Consider When Choosing Trintech Alternatives

When evaluating Trintech alternatives, potential buyers should take several factors into account, including:

• Pricing: Compare pricing plans and the features they offer across different platforms.
• Specific Requirement: Assess the tools based on your unique needs to ensure they align with your preferences.
• Customer Support: Ensure the platform provides reliable customer support for potential future needs.
• Deployment Options: Check the available deployment options, such as cloud-based, or on-premises options.
• Automation: Look for platforms that offer process automation to reduce manual tasks and errors.
• Data Collection: The platform should offer dependable and accurate data collection capabilities from various sources.

How we selected these tools:

We chose these Trintech Alternatives based on the various essential aspects that potential buyers commonly consider. Our selection process involved comparing them in terms of factors, such as customer support, deployment options, integration capabilities, and specific platform features.

In the article, we conducted a thorough review of Trintech and provided information about its
alternatives in case your specific requirements are not met by the platform.

We highlighted the factors you should consider when selecting Trintech alternatives and included a list of the best alternatives, complete with detailed reviews and a comparison of the top five among
them. The article concludes with a summary of our review process.

List of the Best Trintech Alternatives

Here is a list of some remarkable Competitors to Trintech:

1. Redwood Record to Report Automation
2. Blackline
3. FloQast
4. Workiva
5. Duco
6. OneStream
7. Vena
8. Planful
9. Board
10. Prophix
11. Oracle Fusion Cloud Enterprise Performance Management

Comparison of Top Trintech Competitors

Detailed Reviews:

#1) Record to Report Automation

Best for streamlining Financial Close Processes for a continuous touchless close.

Redwood Record to Report Automation excels in streamlining financial close processes. It empowers finance teams to automate complex tasks with precision, significantly reducing manual intervention. This results in faster financial closures, heightened accuracy, and assured compliance.

How does it work:

Redwood’s core strength lies in its automation capabilities. With the ability to automate over 90% of financial close activities, it revolutionizes the way financial operations are conducted.

Tasks that were once manual and time-consuming, such as approvals, provisions, reclassifications, data reconciliation, journal entries, intercompany, compliance checks, and more, are now seamlessly executed without human intervention. Redwood simplifies complex financial tasks into efficient, automated processes.

Features:

• Efficient Financial Closes: Achieve over 90% automation in record-to-report tasks.
• Seamless SAP Integration: Operates within SAP, respecting its security profiles, and eliminating data manipulation.
• Compliance and Security: Maintain ISO 27001, SOC 2, and SAP security standards.
• Comprehensive Solution Areas: Automate intercompany transactions, accruals, provisions, reclassifications, journal entries, and account reconciliation.
• Streamlined Operations: Automate checklist updates and perform the next tasks for a seamless financial close.
• Data-Driven Decision-Making: Gain actionable insights for strategic analysis.
• Proven Real-World Results: Trusted by leading organizations for financial operations improvement.

Support: 24/7 live representative, chat, email, phone, and training (live online, webinars and documentation)

Deployment: SaaS and on-premises solutions.

Why we selected Redwood Finance Automation:

Our decision to select Redwood Record to Report Automation among the top Trintech alternatives was driven by several compelling factors:

• Efficiency: Redwood’s 90% automation capability is comprehensive and significant and allows finance teams to focus on strategic analysis rather than routine tasks.
• Effortless SAP Integration: Redwood seamlessly operates within SAP, eliminating the need for data extraction, manipulation, and reintegration.
• Comprehensive Coverage: Redwood’s automation extends to a wide range of financial tasks, even to most tasks that occur outside the ERP, leaving no room for manual processes.
• Proven Success: Large organizations with complex close processes like Siemens, Arla Forvia, and others have achieved excellence with Redwood, providing a testament to its effectiveness.

Pros:

• Seamless SAP Integration: Works within SAP for data accuracy.
• 90%+ Automation: Drastically reduces manual tasks.
• Real-Time Insights: Enables data-driven decisions.
• Streamlined Processes: Handles intercompany, accruals, provisions, reclassifications, journal entry, and reconciliation.
• Deployment Flexibility: Supports on-premises and cloud deployment.
• Automated Close Checklist: Not only tracks but performs them, enhancing efficiency.
• Built-in audits.
• Ensures compliance and security.

Cons:

• A free trial is not provided.

Verdict: Redwood Record-to-report Automation is Recommended for those
enterprises with a significant number of local entities to manage. It is also a great option for
those who want to automate as much of the close as possible because Redwood automates
both deep into and wide across the financial close.

Pricing:

• A free demo is available.
• Contact for pricing.

#2) Blackline

Best for integrating, orchestrating, and automating accounting processes.

Blackline is a leading modern accounting software that helps you in your digital finance transformation by eliminating various finance & accounting challenges.

These challenges include decentralized data across numerous sources, complex processes, and repetitive manual tasks through enhancing visibility into accounts, centralizing data and processes, strengthening control & streamlining audits, and automating repetitive tasks.

It is suitable for mid and large-sized enterprises to manage and automate their financial close and other accounting processes.

Features:

• The standardized and unified financial data model is used to have structured data that can be used effectively.
• Helps in optimizing the financial data and preparing actionable insights with accurate data.
• Enables continuous planning with predictive insights to make strategic decision-making.
• Facilitates advanced enterprise capabilities.
• Provides integrated and continuous financial management, including compliant accounting, on-demand data & analytics, consolidation & reporting, and planning & forecasting.
• Financial close management includes services like account reconciliations, task management, transaction matching, and much more.
• Under accounts receivable, automation includes invoicing & payments, cash application, collection management, etc.

Support: Phone Support, 24/7 (Live rep), Knowledge Base, Email/Help Desk, Chat, and Training (Live Online, Documentation, In Person, and Webinars)

Deployment: Cloud, SaaS and Web-based.

Why we selected Blackline:

Blackline has been selected among the top Trintech alternatives as it is a leading modern accounting software that delivers enhanced data integrity and efficiency with its three solutions, namely: financial close management, account receivable automation, and intercompany financial management.

Some are recognized by many rating websites, including G2, Gartner Peer Insights, TrustRadius, and more.

Pros:

• Market-leading customer service
• Unified data and processes
• Automated repetitive tasks
• Full visibility into accounts

Cons:

• Complex interface
• Bugs reported

Our Review: Blackline is a cloud-based financial operation management platform recommended for its proven technology and expertise for digital finance transformation. It offers services related to financial close management, accounts receivable automation, and intercompany financial management.

It has been trusted by over 4,300 users including all sizes of companies and is suitable for all sorts of industries. Used by many popular brands like Hyatt, Creditsafe, KraftHeinz, eBay, Hershey, and many more.

Pricing:

• Contact for pricing.
• A free demo is available.

Website: Blackline

#3) FloQast

Best for quick finance close and easy audits.

FloQast is a leading cloud-based accounts automation software that automates repetitive tasks and eases the audit process along with simplifying the finance close process each month.

They project the employees as the operational heartbeat of modern business and enable the team to spend more time delivering greater strategic value by eliminating repetitive tasks and automating everyday accounting workflows.

It offers a bundle of amazing solutions related to finance close, reconciliation management, variance analysis, compliance management, and so on.

Features:

• Automates and modernizes everyday accounting workflows and facilitates accuracy and efficiency.
• Full visibility of all accounting procedures via dashboards is provided to easily manage, control, and collaborate.
• Facilitates transparency across accounting operations and always keeps you compliant and audit-ready.
• Powerful actionable insights are provided to pinpoint opportunities for improvement.
• Includes a community of forward-thinking accountants that work towards learning and innovation.
• The automated reconciliation process includes bank transactions, clearing, and other accounts.
• It can be integrated with applications like SAP, Microsoft, QuickBooks, Oracle Netsuite, Sage Intacct, and more.

Support: Chat, Phone Support, Knowledge Base, FAQs/Forum, Email/Help Desk, and Training options (Live Online, Documentation, Videos, In Person, and Webinars).

Deployment: Cloud, SaaS, Web-based, iPhone/iPad, Linux, Android, Mac and Windows.

Why we selected FloQast:

We selected FloQast as it provides a suite of seamlessly integrated accounting solutions that cover everything that leads to greater operational control, improved workload management, and enhanced transparency across all accounting operations.

It offers solutions related to finance close, reconciliation management, variance analysis, compliance management, and so on.

Pros:

• Centralized documentation
• Integrated automated workflows
• Streamlined recurring tasks
• Produces actionable insights
• Collaborative close checklist
• Organized review notes
• Intuitive dashboards are available

Cons:

• Introducing a direct chat room within the app is suggested.
• Improvements in the customized report section are advisable.

Our Review: FloQast is an industry-leading cloud-based operational accounting platform. It is recommended for modernizing the accounting functions with trust & security along and seamless integration to manage end-to-end accounting workflows.

It delivers faster execution of workflows and increased visibility into accounts. It has been trusted by over 2,300 accounting teams and by many big brands including Shopify, Snowflake, Okta Zoom, Twilio, and many more.

Pricing:

• Pricing is quotation-based. You need to contact them directly for pricing.
• According to some reviews, it starts at $125/month and its pricing plans are as:
  • Business: $125 per user per month
  • Corporate: $150 per user per month
  • Enterprise: $9000 per year

Website: FloQast

#4) Workiva

Best for simplifying work by connecting ESG, GRC, and financial reporting.

Workiva is a cloud-native platform that simplifies complex business operational processes including reporting, or disclosures by streamlining processes, connecting data and teams, and ensuring consistency.

It securely controls the financial reporting, ESG, and GRC all together within the same platform. It offers various amazing services related to accounting & finance, audit risk, and compliance, ESG & sustainability, and legal.

Features:

• Automates business-critical processes including financial statements, SEC reporting, capital market transactions, and much more.
• Simplified financial statement preparation by easily gathering data, preparing it, and connecting it across all linked reports.
• Enables you to present a holistic view by bringing accounting, finance, and operational data together.
• Automates repetitive tasks and manages risk under audit, risk, and compliance solutions.
• Offers an amazing set of solutions that includes capital market transactions, ESG reporting, internal audit management, and more.
• Helps in making informed decisions by providing visibility of entire data related to assessments, control, and audit.
• Provides unrestricted global access to FERC and SEC reporting modules.

Support: Email, phone, training, and tickets.

Deployment: Cloud-based, Linux, Windows, and iOS.

Why we selected Workiva:

We selected Workiva as it is one of the rare SaaS platforms that securely controls the financial reporting, ESG (Environmental Social Governance), and GRC (Governance Risk and Compliance) all together within the same platform.

It takes into consideration both financial as well as non-financial factors for better analysis and performance management.

Pros:

• Automated financial reporting process
• Assured integrated reporting
• Transparent disclosure of financial and non-financial data
• Report Automation
• Entity management
• Customer-inspired guides
• 3000+ purpose-built AuditNet templates

Cons:

• Customer support needs improvement.
• Users experienced bugs, glitches, and slow upload.

Our Review: Workiva is the leading transparent reporting software recommended for its controlled, secured, and audit-ready solution for streamlining processes, connecting data & teams, and ensuring consistency.

It has been trusted by over 5,900 customers worldwide including many big companies like Google, New York Life, Amgen, Raytheon Technologies, Lithia, and many more.

Pricing:

• Contact for pricing
• A free trial is available

Website: Workiva

#5) Duco

Best for creating an intelligent data ecosystem with easy access, no-code, data automation tools.

Duco is a cloud-native data automation solution that helps in managing mission-critical data along with data reconciliation and control over client servicing, operations, finance, IT, and risk & compliance.

It is suitable for global banks, investment managers, insurance firms, and Fintech companies. It provides an amazing set of solutions including transaction & regulatory reporting, derivatives, cash, custody, crypto controls, and more.

Features:

• Under finance, it offers services related to treasury & cash and payments & financial control. Automates processes to eliminate repetitive tasks, increase efficiency, simplify data governance, and provide quality data.
• Ensures data security by adhering to regulatory compliance including ISO 27001 certification, SOC 2, 256-bit AES encryption, and fine-grained permission controls.
• Under its operations use case, it includes investment operations, trade operations, insurance operations, holdings & activity, and clearing & statement.
• Under risk & compliance, it includes transaction & reg reporting and risk reporting & data integrity.
• Helps in unleashing days, and potential with its products like data prep and reconciliation.

Support: Email/Help Desk, FAQs/Forum, Knowledge Base Phone Support, and Training options (Live Online, Documentation, Videos, In Person, and Webinars).

Deployment: Cloud, SaaS, web-based, and on-premises.

Why we selected Duco:

We selected Duco among the best alternatives of Trintech for offering an up-to-date cloud-native platform, with lower TCO, no big upfront fees, high security, and lowered risk. It gets deployed in 24 hours and expects to give results in a month along with ROI in the first year.

Pros:

• Industry-leading 24/7 customer customer support
• Fast response by the support team
• Seamlessly integrate with existing systems
• Machine learning
• No-code functionality
• Cloud-native platform
• Regulatory compliant
• Frictionless Workflow

Cons:

• Not very popular

Our Review: Duco is best in providing solutions with lower TCO, no big upfront fees, high security and lower risk, and software-as-a-service. It is cloud-native, SaaS-only, no-code powered by a machine learning platform.

It has been trusted by over 10,000 users across 30+ countries including many leading organizations including Manulife, Santander, Lloyds Bank, Rabobank, HSBC, Deutsche Bank, and many more.

Pricing: Contact for pricing.

Website: Duco

#6) OneStream

Best for unifying financial processes and delivering actionable financial insights across the enterprise.

OneStream is an AI-powered Corporate Performance Management (CPM) software that empowers the enterprise with insights to plan and report faster.

It unleashes organizational value and empowers the finance team by unifying data management, finance close and planning, reporting, and AI-powered insights that help in making better-informed decisions.

It offers 2 solutions: Finance/accounting and FP&A. Under finance, it includes financial close & consolidation, financial signaling, reporting & analytics, account reconciliations, transaction matching and so much more.

Under FP&A it includes planning, budgeting, forecasting, capital planning, profitability analysis, and more.

Features:

• Managed financial data quality with simplified integration, improved integrity, and increased transparency.
• Offers an extensible and unified data model that supports corporate standards along with business planning and reporting.
• Users do not need to adopt Artificial intelligence and machine learning for their business rather it has built-in AI-services.
• Helps in making informed decisions by providing analytic services that show trends and various financial signals.
• Serves across multiple industries including manufacturing, financial services, public sector, healthcare, and higher education.
• Provides various built-in marketplaces, partner places, and open places to extend the value of the platform.

Support: Email/Help Desk, Phone Support, Knowledge Base, 24/7 (Live rep), FAQs/Forum, and Training options including Live Online, Documentation, Videos, In Person, and Webinars.

Deployment: Cloud, SaaS, Web-based, On-Premise, Windows and Linux.

Why we selected OneStream:

We selected OneStream among the best Trintech alternatives as it is the industry’s only truly extensible CPM platform that does not require you to maintain multiple software modules.

Its built-in financial intelligence supports financial close, consolidation, account reconciliations, automation, AI-powered forecasting, and more.

Pros:

• Industry-standard security and privacy frameworks.
• Guided workflows
• Easy-to-use interface
• Technical expertise is provided

Cons:

• Comparatively higher prices.
• Simplification of dashboards is suggested.

Our Review: OneStream is an intelligent finance platform that delivers exceptional business value. It is recommended for unifying financial processes and data to simplify the complex working and help in making confident decisions.

It has been trusted by over 1,200 customers globally and has been recognized by many rating websites and institutions as the top workplace in the USA in 2020, 2021, and 2022 by Detroit Free Press and so on.

Pricing:

• Contact for pricing.
• According to GetApp, pricing starts at $150000 and is usage-based.

Website: OneStream

#7) Vena

Best for enhancing business planning processes with embedded financial intelligence.

Vena is a finance automation solution that helps simplify complex tasks and automates processes to enable you to focus on business drivers.

It makes Excel the planning canvas and adds various amazing functionalities to it including templates, enterprise-level security & scalability, automated workflows, source system integrations, and more. It offers various finance solutions including financial planning & analysis, financial close management, sales performance management, and financial reporting.

Features:

• Under its financial planning & analysis solution, it includes budgeting & forecasting, revenue planning, workforce planning, allocation, etc.
• Financial close solution includes financial consolidation and account reconciliation.
• Financial reporting includes management reporting, profitability analysis, variance analysis, and dashboards.
• Includes various in-built templates to kick-start the planning including financial planning templates and financial reporting templates.
• Can be integrated with various cloud and on-premises applications including Salesforce, Sage, Netsuite, etc.
• Sales planning and incentive compensation management come under the sales performance management solution.

Support: Email/Help Desk, ChatPhone Support, 24/7 (Live rep), Knowledge Base, FAQs/Forum, and Training options including Live Online, Documentation, Videos, In Person, Webinars

Deployment: Cloud, SaaS, Web-based, On-Premise, Windows and Linux.

Why we selected Vena:

Vena is suitable for every size of business and any industry including banking, insurance, higher education, pro sports, and so on. It has been selected for its amazing capability including reporting & analytics, modeling, workflows, collaboration, scalability, security, and central database.

Pros:

• Leverages industry-leading AI
• Flexible data modeling
• Microsoft 365 integration
• Enterprise-level security
• Automated workflows
• Compatible with Excel

Cons:

• Takes 3-6 months to implement
• Comparatively expensive

Our Review: Vena is recommended for adding extra value to the finance planning via Excel. It unleashes next-level productivity and powerful financial insights to enhance complete business planning.

It has been trusted by over 1,600 leading companies including Coca-Cola, Deloitte, White Castle, SproutSocial, etc, and has been awarded and recognized by many rating websites including TrustRadius, G2, Gartner Peer Insights, and more.

Pricing:

• Contact for pricing.
• As per the reviews, it starts at $30k per year plus an implementation fee of approximately $30k – $60k altogether.

Website: Vena

#8) Planful

Best for aligning finance and operations and reducing financial close and reporting cycles.

Planful is a financial performance management software that helps in finance planning, finance close and finance reporting to align every move and to improve the finance performance of the organization with its amazing set services clubbed under solutions like finance, accounting, sales, marketing, human resources, and so on.

It offers an interface that requires minimal IT efforts used by everyone very easily and includes real-time collaboration, AI-driven forecasting accuracy, effortless user experience, etc.

Features:

• Under its finance use case, it includes plan, budget & forecast, scenario analysis, and rolling forecasts.
• With accounting solutions, it provides financial consolidation services, financial close management, and financial reporting.
• Provides goal-based marketing plans with marketing ROI and marketing budget management.
• Enables the users to load data from any source and in any format with SFTP and Direct Load Support.
• Integrated with applications like Workiva, Salesforce, Google Sheets, Sage Intacct, Google Drive, and more.
• Ensures data security and has various essential security certificates including ISO 27001, CCPA, GDPR, SOC1 Type 2, SOC2 Type2, SOC3, HIPAA, etc.

Support: Email/Help Desk, Phone Support, Knowledge Base, FAQs/Forum, Chat, and Training options including Live Online, Documentation, Videos, In Person, and Webinars.

Deployment: Cloud, SaaS, and web-based.

Why we selected Planful:

Planful has been selected for its amazing capabilities to manage mega-complex and challenging processes by accelerating budgeting & planning cycles, automating processes, and aligning finance & operations under its intuitive interface that requires minimal IT efforts and effortless user experience.

Pros:

• Over 1,400 pre-built connectors
• Open-access RESTful API
• User-friendly integration tools
• Requires minimal IT efforts
• Real-time collaboration
• Effortless user experience
• 100.00% uptime

Cons:

• Users report a lag time while scrolling in a template.

Our Review: Planful is a cloud-based Enterprise Performance Management software that helps in managing mega-complex and challenging processes with its effective interface that requires minimal IT efforts and provides an effortless user experience.

It has been trusted by over 1,600 customers including many popular brands like Bose, TaskUs, Planar, Specialised, Temple University, etc.

Pricing: Contact for pricing.

Website: Planful

#9) Board

Best for intelligence planning, reporting, and analytics to accelerate profitability & growth.

Board is an intelligent planning software that provides future-proof analytics, planning, and reporting services with various use cases including finance, retail, supply chain, sales, and more.

It has been trusted by over 2k customers including many leading enterprises like Cola-Cola, Toyota, T-Mobile, etc, and has been a proven platform to provide a 75% reduction in planning time. It offers various amazing features under different solution heads including FP&A, group consolidation & reporting, retail, and supply chain.

Features:

• Helps in planning smarter and faster with real-time insights and future-proof flexibility.
• Enhancing the planning process for FP&A teams with features like accelerated planning cycles, real-time insights, level up to xP&A, and more.
• Facilitates intelligent planning for retail with a customer-centric approach, maximizing responsiveness and ensuring flexibility.
• Helps in balancing supply and demand under end-to-end supply chain planning with features like forecasting customer demand, identifying potential constraints, and more.
• Provides end-to-end visibility to boost sales performance with sales planning, sales analytics, incentive & compensation management, and CRM integration.
• Offers no-code customization functionality, cutting-edge technology, and an unmatched feature set suitable for any business need.

Support: Knowledge Base, Chat, 24/7 (Live rep), FAQs/Forum, Phone Support, Email/Help Desk, and Training options including live online, documentation, videos, In Person, and Webinars.

Deployment: Cloud, SaaS, Web-based, On-Premise, Windows and Linux.

Why we selected Board:

We selected Board for its excellent capabilities in planning, simulation, reporting, self-service analytics, and predictive & advanced analytics that help in planning intelligently and to succeed faster. It offers various deployment as well as connectivity options that facilitate future-proof flexibility.

Pros:

• Powerful security and proven scalability
• Code-free functionality
• Enhanced user experience
• Various deployment and connectivity options.
• Flexible collaboration
• Real-time insights
• Event-driven scenario planning
• Easy-to-use interface

Cons:

• Slow response time is reported.
• Can not be integrated with all existing tools that an organization is using.

Our Review: Board is recommended for proving its code-free development that helps in using the platform with ease. It has been trusted by over 2000 companies including many global enterprises such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, HSBC, and many more.

It has been recognized as the leader in the Gartner Magic Quadrant for financial planning software in 2022 as well as in 2023 for providing sharper insights and greater clarity to plan smarter and succeed faster.

Pricing: Contact for pricing.

Website: Board

#10) Prophix

Best for innovative planning and reporting systems.

Prophix is a financial performance platform that helps simplify all finance processes within the organization by offering various amazing services categorized under two head solutions: FP&A and finance & accounting.

It eliminates manual and error-prone tasks through automation and empowers the team to drive organizational success. It serves industries like construction, higher education, manufacturing, real estate, and more.

Features:

• Ensures greater speed, accuracy, and agility in finance by streamlining budgeting & planning.
• Helps in analyzing the data and making decisions precisely and confidently with reporting & analytics solutions.
• Automates and speeds up the finance close manual processes under financial close solution.
• Under financial consolidation, it simplifies the complexity of consolidation for the month-end close process by automation.
• Facilitates effective intercompany management by increasing accuracy in the intercompany reconciliation process, empowering subsidiaries, and maintaining financial control.
• Automatically collects accurate data from different sources and accounting systems.

Support: Knowledge Base, Chat, 24/7 (Live rep), FAQs/Forum, Phone Support, Email/Help Desk, and Training options including live online, documentation, In Person, and Webinars.

Deployment: Cloud, SaaS, Web-based, On-Premise, Windows and Linux.

Why we selected Prophix:

Prophix has been selected for providing an accurate view of real-time insights and processes, eliminating errors through automated integrations, and providing endless growth opportunities with cross-functional collaboration.

It delivers best-in-class solutions and services. It has been recognized in many rating websites including TrustRadius, G2, and more.

Pros:

• Cross-functional collaboration
• Power by the cloud
• Eliminates error-prone spreadsheets
• Reduce manual processes
• Optimises processes
• Creates reliable financial insights
• Built-in customizable audit reports

Cons:

• High learning curve
• Improvement in customer support is suggested.

Our Review: Prophix is recommended for providing a complete view of all processes and insights in one place making it easier for the users to analyze and take further actions.

It has been trusted by over 3000 customers of more than 100 countries including many strategic finance teams including Signature Healthcare, Wesley Life, Keytonic, and many more.

Pricing:

• Free trial and a free demo is available.
• Contact for pricing.

Website: Prophix

#11) Oracle Fusion Cloud Enterprise Performance Management

Best for providing more unified user experience and simplified administration across different business functions.

Oracle Fusion Cloud Enterprise Performance Management (EPM) helps the users in their mission-critical business function to streamline the financial close process by enabling you to effectively model and plan across different departments including finance, HR, supply chain, and sales.

It offers a powerful set of solutions to facilitate a unified user experience and simplified administration including planning, financial consolidation & close, tax reporting, account reconciliation, and more.

Features:

• Provides a smart and unified view of all the data coming from ERP, EPN, and BI in one place.
• Enables you to view, import, manipulate, distribute, and share data in Office-based interfaces.
• Enables you to work with on-premises and cloud applications easily.
• Dashboards with advanced charting, visualization, and customization capabilities are provided for better reporting and analysis.
• Reports can be accessed on any device including Desktop, web, or mobile.
• Enables you to quickly and accurately close your finance books with services like intelligent process automation, compliance, transparency, and more.

Support: Email/Help Desk, Phone Support, Chat, Knowledge Base, FAQs/Forum, and Training including Live Online, Documentation, Videos, In Person, and Webinars.

Deployment: Cloud, SaaS, Web-based, on-premises, mobile, desktop.

Why we selected Oracle Fusion Cloud Enterprise Performance Management:

Oracle Fusion Cloud Enterprise Performance Management has been selected for its amazing capabilities in providing a single point of access across EPM & ERP processes, a unified user experience, consistent reporting, and a smart view interface.

Pros:

• Easy-to-use interface
• Pre-created content access
• Built-in financial intelligence
• Powerful reporting capabilities
• Comprehensive REST APIs
• Comprehensive task types
• Manages IFRS 16 compliance

Cons:

• Comparatively expensive.
• Suitable for big companies.

Our Review: Oracle Fusion Cloud Enterprise Performance Management has been trusted by various companies of a wide range of industries including EAON, LION, MTN, Adventist Health, Lyft, and many more. It is recommended for its key capabilities including smart view for the office, data integration, task management, next-generation user experience, and so on.

Pricing:

• Contact for pricing.
• According to some reviews, it starts at $250 per user per month.

Website: Oracle Fusion Cloud Enterprise Performance Management

Frequently Asked Questions

Conclusion

Through the research on Trintech Alternatives, we concluded many platforms can be used in place of Trintech and offer many other features and functionalities that Trintech does not include. To select the best Trintech alternatives you can compare them under categories like evaluation, contracting, integration, deployment, customer support, and specific product capabilities.

Every platform mentioned above offers a different set of features and comes with different pricing plans. Some offer free trials and some offer free demos.

For instance, if you are looking for a platform that can be integrated with all other applications or have an open API then you can go with Planful and Oracle as they can be integrated with your existing applications.

If you need to have customizable dashboards then you should best go with Redwood Finance Automation, FloQast, etc. In this way, you can select the best-fit platform for your organization by evaluating your requirements and analyzing the platform’s capabilities concerning your needs.

Our Review Process:

• Time Taken to Research this Article: We spent 25 hours researching and writing this article so you can get a useful summarised list of tools with a comparison of each for your quick review.
• Total Trintech Alternatives Researched Online: 36
• Top Trintech Competitors Shortlisted for Review: 11