Governance, Risk & Compliance
Manage your organizational risks while ensuring regulatory compliance in a holistic, consistent, and efficient manner.
Transform your approach to compliance.
Download NowEstablish a Compliant, Thoroughly Documented Period End Close
Companies face several challenges in managing their governance, enterprise risk management and compliance (GRC) with regulations. Financial compliance is a complicated source of monetary and reputational risk for your organization and the constantly evolving regulatory landscape necessitates continuous updates and adaptations of policies and procedures. This process can often be resource-intensive and costly with little automation.
Cadency Governance, Risk & Compliance is built to handle GRC efforts to promote a culture of accountability, transparency, and integrity, ultimately contributing to having confidence in your financial and extra financial data. Cadency GRC helps ensure your critical controls are working as designed and flags any issues as soon as they arise. Able to work across multiple subsidiaries, geographies and legal entities, it allows potential areas of risk to be thoroughly evaluated by focusing your efforts and resources on the most appropriate controls. Automated workflows ensure more accurate financial compliance thereby reducing manual effort by internal auditors.
Organizations who rely on Cadency Governance, Risk & Compliance are seeing up to:
Reduction in Internal Audit Effort
Reduction in Time to Support External Auditors
Reduction in Risk of Revenue Impact due to Misstatements
Unlock the Powerful Capabilities of Cadency Governance, Risk and Compliance
Cadency GRC leverages configurable key controls capabilities to certify that the relevant controls are properly identified, scoped, scheduled and tested. By highlighting critical issues throughout your financial processes, you’ll be able to prioritize your compliance initiatives and automate remediation steps where failure occurs, greatly reducing risk and ensuring integrity throughout your entire close cycle and subsequent reporting.
Increased automation
Increased automation of document and execution of compliance initiatives for your organization
Enhanced accountability
Enhanced accountability
through shared controls to
ensure they are tested
efficiently and effectively
Actionable insights
Actionable insights with
flexible dashboarding for a
clearer view of compliance
phases and associated
exceptions
Strengthened auditability
Strengthened auditability by
capturing supporting materials
in an online, easy-to-navigate
eBinder
Extended governance
Extended governance of
financial close tasks related to
close, reconciliations and
journal entry efforts
Safeguard your data
Safeguard your data in the
Cloud with a secure single
tenant deployment model
Ingredion Inc. Finds Global Success with a Centralized Solution
Ingredion, Inc., a global food service provider, gets teams across multiple continents to ditch manual processes and achieve greater consistency with a centralized solution in Trintech’s Cadency.
Features of the Best Software for Governance, Risk & Compliance:
- Dashboards that enable managers to monitor and track daily control initiatives.
- Workflows for implementing controls and managing remediation.
- Centralized documentation of financial and non-financial compliance activities.
- Attachments and referencing features to support control documentation and users in their endeavors.
- Surveys to assess internal and external factors affecting company performance.
- Dynamic reporting to get actionable insights in real time.
- Control evaluation cycles to assess the relevance of your controls in an ever changing regulatory environment
Cadency provides us with true visibility into the status of every general ledger reconciliation and increases compliance and accountability throughout our organization.
Use Cases
- SOX: Ensure financial reporting accuracy to comply with Sarbanes-Oxley Act regulations
- ESG: Report environmental, social, and governance metrics for sustainability reporting
- COSO: Framework for enterprise risk management (ERM) and internal control
- Internal Controls: Implement procedures to safeguard company assets and ensure accurate financial records
- Anti-corruption: Implement and monitor policies to prevent corruption and fraud
- Anti-bribery: Enforce procedures to detect and prevent bribery and improper payments
- GDPR: Ensure data protection measures comply with General Data Protection Regulation requirements
- IFRS: Track tasks that support preparation of financial statements according to International Standards
Cadency Platform
Discover a Comprehensive Solution
Cadency Governance, Risk & Compliance is part of Trintech’s comprehensive financial close platform, the only Financial Corporate Performance Management solution that enables integration of all your Record to Report activities into a single seamless process.
Learn More
Learn More About Cadency Governance, Risk and Compliance
Interested in learning more about what Cadency can do for you? Check out some of our most recent content pieces.
