Trintech Cadency Tax Provision
Automate and streamline tax provision for accurate financial close.
Executive Summary
Trintech Cadency Tax Provision is an integrated solution designed to automate and streamline the complex tax provision process within the broader Cadency platform. It ensures accuracy and control over current and deferred tax calculations and disclosures, which are critical components of the financial close. By leveraging automation, the solution helps finance and accounting professionals reduce manual effort, mitigate risks, and improve the efficiency of tax reporting. This cloud-based solution is built to handle the intricacies of tax accounting, providing a robust framework for managing tax data, calculations, and compliance requirements. It integrates seamlessly with various financial systems, including ERPs and general ledgers, to pull in necessary data, transforming and consolidating it for tax provision purposes. The goal is to deliver a faster, more accurate, and auditable tax close process, enhancing overall financial reporting integrity. Cadency Tax Provision supports organizations in meeting their financial reporting obligations by providing a controlled environment for tax provision activities. It helps ensure that tax disclosures are precise and compliant with relevant accounting standards, ultimately contributing to a more reliable and transparent financial close.
Use Cases
- Automating current and deferred tax calculations for financial statements.
- Ensuring accurate and compliant tax disclosures for financial reporting.
- Streamlining the overall tax provision process during the financial close cycle.
- Integrating tax-relevant data from various financial systems into a single platform.
- Providing audit trails and controls for tax provision activities.
Features
Visibility
- Real-time Tax Provision Status: Gain immediate insight into the progress and status of tax provision calculations and disclosures, enhancing control and decision-making.
Technical Specifications
- Architecture
- Cloud-based
- Deployment
- SaaS
- API Available
- Yes
Integrations
- SAP S/4HANA
- ERP systems
- General Ledger
- Payroll systems
- Tax systems
- Treasury systems
Security & Compliance
Certifications: SOC 2
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
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.