Cadency – No Approver Routing for Low Value Journals

Throughout the month, organizations are creating, reviewing, approving and processing thousands of journal entries. Some journals under a certain threshold are identified by organizations to not require an approval to allow for faster time to close. While robust dynamic routing and approval is possible in Cadency Journal Entry, also provide the ability to define certain rules so that a journal under the configured threshold can be seamlessly posted to the ERP without requiring any approval, saving crucial time in the Financial Close process.