Cadency Trintech

Cadency Trintech

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Website: trintech.com

Cadency by Trintech is a financial management app that automates reconciliations and financial close processes for large enterprises, enhancing efficiency and risk management.

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Built to support the complexities of large enterprises, Cadency® by Trintech is the transformative reconciliation and financial close solution needed to drive efficiencies, mitigate risk and empower your F&A teams. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, to governance, risk and compliance, Cadency combines risk-based capabilities with process automation to enable F&A teams to focus on high-risk transactions or processes and provide insight to help drive continuous improvement.

Cadency by Trintech is a comprehensive financial management solution designed to streamline financial operations across various industries. It focuses on enhancing visibility, managing risk, and ensuring policy adherence for global leadership. This software facilitates controlled transformation of accounting operations by automating balance sheet reconciliations and certifications. It offers a flexible and scalable framework for managing financial close processes, leveraging AI, machine learning, and automation to increase efficiency.

One of the key features of Cadency is its ability to standardize account reconciliations using data directly from enterprise resource planning (ERP) systems. It supports the creation of custom templates and data changes by business users, reducing dependencies on IT resources. Additionally, Cadency provides dashboards that help identify potential issues quickly, improving exception management. It includes a robust matching module for managing cash applications and processing electronic bank statements, which can automate transaction clearing processes.

Cadency offers a SaaS model, allowing organizations to implement it module by module. This modular approach supports global deployments and ensures that business goals for reconciliations and certifications are met. The solution also includes standard connectors to many ERP systems, facilitating integration with existing infrastructure. With features like risk-based reconciliation timing and configurable business rules, Cadency is equipped to handle complex financial structures effectively. Its use of AI-driven analytics enhances financial control and regulatory compliance, making it a valuable tool for organizations seeking to improve accuracy and efficiency in their financial operations.

This description was generated by AI (artificial intelligence). AI can make mistakes. Check important info.

Website: trintech.com

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