SPARK Matrix™: Financial Close Management Software, Q3 2024

Trintech Is a Leader In the 2024 SPARK Matrix™ Report

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis and ranking of Financial Close Management (FCM) vendors. This report offers a non-biased detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning based on expert interviews, use case analysis, and industry expertise. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

Trintech is proud to be recognized as a leader in the 2024 SPARK Matrix for Financial Close Management. As Pradnya Gugale, Senior Analyst at Quadrant Knowledge Solutions stated, “Trintech’s platforms, Adra (for mid-market organizations) and Cadency (for large enterprises), empower organizations to significantly reduce manual efforts in transaction matching, account reconciliations and close management tasks through advanced automation capabilities.” She continues, “Backed by AI and ML, Trintech offers native risk automation and automated risk ratings that effectively identify anomalies and high-risk transactions, alerting users promptly. With its overall sophisticated functional offerings, ability to cater to variety of use cases, and robust roadmap, Trintech has been positioned as a SPARK leader in the global market of 2024 SPARK Matrix: Financial Close Management (FCM) and has received strong ratings across the parameters of technology excellence and customer impact.”

Download this report for a comparative analysis of leading providers’ performance, including valuable insights to Controllers and Account Managers, Finance Executives, and internal auditors for informed decision-making.