Overview
Product Information on Cadency
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Overall experience with Cadency
“Cadency - Simplifying and helping improve our processes.”
“Cadency Review”
About Company
Company Description
Trintech is a company that provides cloud-based reconciliation and financial close services. It aims to support organizations looking to improve their finance and accounting operations for increased efficiency and efficacy. The challenge of managing reconciliation and financial close processes, especially given time constraints, is a primary concern Trintech addresses. Services offered vary, encompassing high volume transaction matching, operational reconciliation streamlining, balance sheet reconciliation automation, intercompany accounting, journal entries, close management tasks, and risk governance and compliance control. The company's financial solutions include the Cadency Platform for large corporations and the Adra Suite catering to midsize entities. These services seek to reduce expenses while enhancing both governance and transparency in all reconciliation and financial close operations. Trintech works with numerous clients across multiple countries and diverse sectors.
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Cadency
Deciding Factors: Cadency Vs. Market Average
Cadency Likes & Dislikes
Certification Certification is an excellent piece of the puzzle for our overall balance sheet. It has been great to standardise the reconciliation process within our companies and we now have very strict quality assurances in place. Close We are using Close to its full potential. Genuinely excited to see our future processes with Close. JE JE has been reasonably simple to implement, we have just finished year end and it went very smoothly mainly due to controls in JE.
The Cadency suite comes with the overall package for R2R which make it a one stop shop for top class apps.
I particularly appreciate the recent Journal Entry development enabling posting journals directly via an Excel import. This functionality is truly showing that Cadency is aware of which tool Accounting teams are using: Excel. This new functionality is saving us time when creating journals but always forcing us to add some standardisation and automation into our preparation works.
I have a small issue with the Admin dashboard but I am the only one from our company that feels this way. NB I have now learned to get used to this.
The integration between one module to other can be improved alot.
Simplification of the users administration could be a good idea of improvement.
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Peer Discussions
Cadency Reviews and Ratings
- FINANCIAL SYSTEMS ANALYST1B-10B USDEnergy and UtilitiesReview Source
Cadency - Simplifying and helping improve our processes.
Cadency is a fantastic product. We use three of their modules. I have been really impressed with Trintech as a company, especially the support you receive as a customer. The support is right to the top, great company to deal with - Finance Manager1B-10B USDRetailReview Source
Time-Saving Functionality Noted Alongside Suggestions for Improved User Administration
Our company is using 2 modules proposed by Cadency : Certification of BS and Journal Entries posting. These modules are helping us keep a high level of control and automate/simplify some of our processes. In addition to the product we use, the team supporting us is providing us a very good level of service, regular keep in touch meetings, solutions provided to our queries (BAU or projects). - HEAD OF R2R, FP&A AND NEW BUSINESSGov't/PS/EdGovernmentReview Source
Exceptional product driving transformation in financial reconciliation through automation
This product has significantly enhanced our finance operations, streamlining the reconciliation process and eliminating manual inefficiencies. It provides real time financial insight, improving accuracy, control and overall confidence in our reporting - Data and Analytics Manager10B+ USDBankingReview Source
Cadency Offers Efficient Support But Challenges Remain With Account Management Tools
As an admin, the process in Cadency is fairly easy and the IT support, Steve Mersman, has been VERY quick and helpful in resolving occasional issues; however, there are some downsides to using Cadency when it comes to reconciliations, reviews, and certain reports needed. - Finance Associate10B+ USDInsurance (except health)Review Source
File Transmission Is Simple Yet Storage Tiers Pose Challenges For Larger Applications
Overall, the company is quick to respond and they have provided us with personal contacts that make it easy to resolve issues and find the right person for the issues.