Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

TrinDocs Expands Lexington, Kentucky, Operations

09/27/2025
TrinDocs, a software company specializing in accounts payable automation and procurement solutions, plans to expand its operations center in Lexington, Kentucky. The $636,000 project is expected to create 20 jobs.

The company will lease a new office building that will approximately quadruple the operating space of its existing facility.

“Now in our sixth consecutive year of record growth, with 2025 being our fourth straight year of at least 20% increases in revenue year over year, it is exciting to see our team’s hard work make this new corporate headquarters a reality,” said Jeremy Prichard, senior director of sales and marketing at TrinDocs.

To support the project the Kentucky Economic Development Finance Authority preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $420,000 in tax incentives based on the company’s investment of $636,000 and annual targets of: creation and maintenance of 20 Kentucky-resident, full-time jobs across 10 years; and paying an average hourly wage of $46, including benefits, across those jobs.

“Companies like TrinDocs are reinvesting across Kentucky, creating new jobs for our people and showing that our commonwealth is a place where businesses succeed and grow,” noted Governor Andy Beshear. “Our economy is red-hot, and announcements like this are helping us continue to create a brighter future for all our people. I want to thank TrinDocs’ leaders for their belief in the commonwealth and congratulate them on this exciting next step as a company.”

By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments. In addition, TrinDocs can receive resources from Kentucky’s workforce service providers. Those include no-cost recruitment and job placement services, reduced-cost customized training and job-training incentives.

“Businesses are always looking for ways to be more efficient in their operations, both for speed and to reduce cost,” added Commerce Lexington President and CEO Bob Quick. “Local software company TrinDocs has helped a multitude of companies achieve things like faster invoice processing, company-wide document visibility and fully automated solutions. We are pleased to have TrinDocs as part of our technology community and congratulate them on this wonderful expansion. We appreciate TrinDocs’ investment and confidence in the Greater Lexington region.”

TrinDocs provides AI-powered document management and workflow automation solutions, specializing in accounts payable (AP) automation to help businesses improve efficiency, reduce costs, and gain immediate visibility into documents. The software automates document routing, storage, and retrieval, integrates with various ERP and business systems, and offers tailored solutions for organizations of all sizes, particularly mid-market companies.

Exclusive Research