Trintech Cadency
Automate, control, and transform your Record to Report process.
Executive Summary
Trintech Cadency is an enterprise-grade financial close management platform designed for large, complex organizations to automate and streamline their entire record-to-report (R2R) processes. It provides comprehensive solutions for account reconciliation, transaction matching, journal entry, compliance, and close management, enhancing visibility, control, and efficiency in financial operations. Cadency aims to reduce the costs and risks associated with the financial close while improving the accuracy and reliability of financial statements, leveraging AI and a robust system of controls.
Use Cases
- Automating and standardizing balance sheet reconciliations across global entities.
- Streamlining high-volume transaction matching to reduce manual effort and errors.
- Managing and orchestrating the entire financial close cycle with real-time visibility and control.
- Ensuring continuous financial compliance and audit readiness with automated controls and documentation.
- Automating journal entry processes with clear routing, controls, and documentation.
- Simplifying complex intercompany accounting and reconciliation processes.
Features
Visibility
- Real-time Close Status: Provides instant visibility into the progress of all close tasks and activities across the organization.
- Configurable Dashboards: Offers customizable dashboards to monitor key performance indicators, identify bottlenecks, and track reconciliation status.
- Audit-Ready eBinder: Centralizes all supporting documentation and audit trails in an online eBinder for enhanced transparency and compliance.
- Risk-Intelligent Monitoring: Highlights critical issues and risk factors within financial processes, allowing for prioritized compliance initiatives and remediation.
Intelligence
- AI-Powered Transaction Matching: Automates high-volume transaction matching using algorithms, rule-based matching, fuzzy logic, and machine learning techniques, with superior exception management.
- Automated Account Reconciliation: Streamlines and automates the entire general ledger reconciliation process, reducing manual effort and improving accuracy.
- AI-Driven Workflow Enhancements: Leverages AI to streamline workflows, eliminate redundancies, and optimize processes from start to finish, enhancing productivity.
- CoPilot AI Assistant: Trintech's generative AI assistant for Cadency, designed to enhance capabilities like journal entry processing and user interaction.
Support
- 24/7 Customer Support: Provides round-the-clock support to ensure continuous operation and assistance for all users.
- Dedicated Customer Success Management: Customers have access to dedicated Customer Success Representatives and Account Managers for personalized guidance and support.
- Online Success Centre: A comprehensive online portal offering resources, documentation, and a platform for support case submission.
Technical Specifications
- Architecture
- Single-tenant, private cloud
- Deployment
- Cloud/SaaS
- Authentication
- SAML 2.0 based Single Sign On (SSO), Two-Factor Authentication (2FA), Multi-Factor Authentication (MFA)
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- NLP
- Machine Learning
Integrations
- SAP
- Oracle
- Workday
- Microsoft Dynamics
- Workiva
Security & Compliance
Certifications: ISO 27001, SOC 1 Type II, SOC 2 Type II, CSA STAR, TX-RAMP Level 2
Encryption: AES-256 at rest, HTTPS (TLS 1.2+)/SSH in transit with FIPS 140-2 Level 2/3 certified HSM for key protection.
Pricing
- Model
- Subscription-based, per user/month
- Starting Price
- Contact sales
- Target Customer
- Enterprise only
- Contract Type
- Annual (typical for enterprise software)
- Free Trial
- No (credit card required)
About Trintech
Trintech is an award-winning cloud-based software company that automates reconciliation and financial close processes. It is a leading provider of AI financial close solutions, helping organizations gain time back for what matters most.
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