Case Study: Reich & Tang achieves consolidated accounting and streamlined operations with SS&C Technologies' PORTIA

Reich & Tang - Customer Case Study

Reich & Tang, a specialist in short-term cash investing and cash-management services, faced operational complexity from running multiple accounting systems as its business models evolved. Evaluating options to consolidate, the firm worked with SS&C Technologies and its PORTIA accounting solution, engaging the PORTIA team in a workshop to map workflows, review the existing environment, and identify process improvements before deciding which platform to retain.

SS&C Technologies implemented PORTIA as Reich & Tang’s single accounting system, delivering multicurrency support, multiple cash-balance handling, global restrictions, and an open report writer, plus a structured implementation program (planning, workflow optimization, gap analysis, UAT, training, documentation, and post-implementation support). The result was a streamlined, consolidated accounting environment that improved reporting and decision-making, reduced system complexity, and allowed Reich & Tang to focus more on managing money and serving clients with superior support from SS&C Technologies.

Reich & Tang

Joseph Jerkovich

Senior Vice President and Chief Financial Officer