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Watch our five minute product demos and discover how your organization can use automation to achieve a faster and more accurate financial month-end close.
Modernize Your Financial Close with Cadency by Trintech
Explore the processes below to learn how Cadency allows you to automate and control multiple processes through one comprehensive platform.
Reduce the Time Associated with Your Matching Process
Cadency works to standardize and enrich even the messiest of data as data from ERPs and other sources is added. This process immediately results in strong auto-matching rates with superior exception management capabilities. As exceptions are automatically created for unmatched items, your team can rely on well-defined, configurable, risk-intelligent processes for notification and issue resolution.
Effectively Manage the Time and Energy Demands of Completing the Period-End Close
Approach each period-end with greater confidence and more visibility into any bottlenecks. Cadency allows you to orchestrate and manage all system and close activities with a reliable, repeatable, and highly visible workflow to identify bottlenecks and create actions for issue resolution quickly.
With a dashboard-driven management framework, the finance team can maintain constant communication, greatly reducing missed deadlines and ensuring the accuracy of financial statements.
Reduce the Risk Associated with Testing Controls and Supporting Audits
Cadency helps to establish a compliant, thoroughly documented period-end close by automating financial compliance throughout the R2R process while capturing all supporting material in an online, audit-ready eBinder. By implementing your financial governance model throughout the entire close process and utilizing critical controls, issues can be flagged as soon as they arise, and auditors have secure access to a centralized record of compliance initiatives.
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Unlock the Capabilities of the Cadency Platform
Cadency provides extensive capabilities that enable finance and accounting teams to effectively collaborate and enable appropriate approvals to ensure data accuracy while providing full audit trails. Not only do teams get increased visibility and transparency, but they are also able to work more efficiently, no matter the location.
With Cadency’s comprehensive platform, you could achieve:
Reduction in Number of Accounts to be Reconciled
Reduction in Time Spent on Completing Close Tasks
Reduction in Time for Rework
Trintech’s Cadency solution sets people up for success and operates at the crossroads of process, technology, and increased efficiency, and allows us to optimize costs while making controls more robust and effective.”