Triton International taps into growth potential with cloud-based financial platform

What was the challenge?

“Our goal is to consistently provide industry leading service to our customers. We accomplish this by relying on a network of more than 400 independent third-party depots and locations across the globe. But as that network continued to grow, our business processes had to scale along with it to support the level of service our customers expect. We quickly realized that to stay on the forefront, we needed to modernize operations and transition all financial data and reporting to cloud.”

Describe the solution delivered by Triton International and the PwC community of solvers.

“We successfully transitioned from legacy on-prem technology to a modern cloud-based solution using Microsoft Dynamics 365 (D365). With PwC’s help, we developed integrated business processes across core financial operations like our general ledger, accounts payable and accounts receivable. Simplifying and integrating these processes helped us greatly reduce time-consuming manual efforts and work more effectively. Meanwhile, built-in automations and enhanced functionality gave us access to real-time information and insights that support our strategic decision-making.”

How does the solution blend the strengths of technology and people?

“PwC’s Finance Ready solution — pre-built and layered onto the D365 platform with more than 50 standard finance processes for faster deployment — and Microsoft’s Azure DevOps and digital toolkit made a big difference in helping us transform our back-office operations. These solutions established a foundation that allowed us to make changes and create impact faster. Specifically, they helped us reduce manual foreign currency revaluation processing, centralize approval processing and automate journal entry creations. The D365 platform provides real-time data and flexible, consolidated workflows that empower our employees to work more effectively — while also increasing our ability to scale as a business.”

Where or how did innovation and unexpected ways of thinking come into play?

“One of our greatest strengths during this transformation was speed to deployment, thanks to PwC’s innovative suite of pre-configured solutions. Together, we built these capabilities on top of the D365 Finance & Operations (F&O) cloud and embedded over 50 leading business processes into our baseline solution. That decision saved us significant time in the blueprint stage and helped us get off the ground faster so we could focus on better serving our customers.”