Cover
Story
‘‘
The majority of our
customers have identified
challenges in regards
to their Record to Report
process due to the manual
‘‘
work that sits outside
of their ERP
AstraZeneca: AstraZeneca is a global biopharmaceutical company, with manufacturing, distribution and research facilities in
more than 100 countries, generating $23 billion in annual revenue. The company supports a global workforce of more than
57,000 people, and utilizes five regional SAP ERP instances throughout Europe, Latin America, North America and
AsiaPacifc regions. Achieving global standardardization and strengthening its compliance was AstraZeneca’s main priority in
its transformation project, as it faced severe risk managing a $52 billion balance sheet in Excel.
Since implementing Cadency, AstraZeneca has discovered $2.5 million in savings, improved the productivity of its 300 users,
and eliminated Excel spreadsheets, paper and manual effort. The company has increased compliance across 26,000 accounts
and saved around 850 hours each month.
“Now, the Cadency dashboard will show when a reconciliation is due, who is responsible for its review and approval, and
where it is in the system. If it’s not completed as expected, there are alerts. It’s easy to identify issues and get into root-cause
analysis if people aren’t meeting deadlines.” — Natalie Childs, Global Process Owner, Record-to-Report and Fixed Assets,
AstraZeneca.
Meet the CEO of Trintech
Teresa Mackintosh, is the CEO of Trintech and has over 20 years of experience working with the Accounting, Tax and
Finance functions of companies world-wide, helping them to be a catalyst for organizational innovation.
Mackintosh began her career as a CPA at PwC and has since held several senior leadership roles in the finance and
accounting space. She has experience serving a multitude of business units across Thomson Reuters with responsibilities
ranging from product development to general management. Prior to joining Trintech, Mackintosh served as Chief Executive
Officer at Wolters Kluwer Tax & Accounting in the U.S. She has been recognized as one of the “Top 100 Most Influential
People in Accounting,” and has also been named to the “Most Powerful Women in Accounting” list several times.
Mackintosh received both her BBA and MBA from the University of Michigan’s Ross School of Business.