Trintech Cadency for financial close automation
Complete financial close and reconciliation automation platform for scaled finance organizations that need to standardize, automate and validate close activities to improve reliability and strengthen governance.
Cadency is a cloud based financial close automation solution designed to eliminate manual tasks, improve controls, and bring visibility to close and reconciliation processes.
It is a close automation and control suite that replaces manual processes and spreadsheets with standardized, governed workflows. Cadency is not a consolidation system or a planning platform.
1. Snapshot
What Cadency Is
Cadency is a cloud based financial close automation solution designed to eliminate manual tasks, improve controls, and bring visibility to close and reconciliation processes.
Its core principle is simple: Standardize, automate, and validate financial close activities to improve reliability, reduce cycle times, and strengthen governance.
Cadency integrates with existing ERP systems and financial sources and serves as a system of record for key close activities without replacing transactional systems.
Product Context
- Vendor: Trintech
- Deployment: SaaS
- Primary use case: Financial close, reconciliations, and compliance
- Strategic role: Record to report control suite
- Primary buyers: Controllers, accounting leaders, shared services leaders, risk and compliance teams
2. Who Cadency Is Really For
Best-Fit Organizations
Cadency is well suited for organizations that:
- Run complex or high volume financial close processes
- Depend on manual reconciliations and close workflows
- Need stronger controls and standardized templates
- Must satisfy regulatory audit requirements
- Have one or multiple ERPs feeding financial data
- Want end to end visibility into close progress
Typical Customer Profile
- $100M to $30B+ revenue
- Mid market and enterprise organizations
- Companies with centralized or shared services accounting
- Entities with regulatory reporting obligations
- Finance teams committed to documented close workflows
Cadency is effective for both mid market companies that have outgrown spreadsheets and larger organizations that need enterprise level governance.
Less Ideal For
Cadency is not optimized for organizations that:
- Need statutory consolidation
- Want FP&A or planning capabilities built in
- Expect minimal configuration effort
- Have very simple close or reconciliation requirements
3. Product Overview and Core Capabilities
Cadency provides a comprehensive suite of capabilities focused on record to report execution with strong emphasis on process control and compliance.
Account Reconciliation
Cadency's account reconciliation capabilities help organizations:
- Standardize reconciliation templates
- Automate balance imports from ERPs and source systems
- Support multi step preparer and reviewer workflows
- Detect exceptions and variances
- Apply rules for certification and control
- Provide audit ready documentation
Reconciliations are governed and documented, reducing spreadsheet risk and improving confidence in balance sheet accuracy.
Close Task and Workflow Management
Cadency delivers:
- Close calendars with task sequencing
- Automated task assignment
- Status tracking across users and entities
- Dependency management and alerts
This gives finance teams visibility into close progress and bottlenecks.
Journal Entry and Compliance Controls
Cadency supports:
- Journal entry creation and approval workflows
- Recurring journal templates
- Policy and control enforcement
- Documentation and audit trails
This enhances the controls around journal posting and reduces manual errors.
Intercompany Matching and Support
Cadency provides intercompany functionality such as:
- Transaction matching
- Issue identification and exception reporting
- Reconciliation of intercompany accounts
These tools improve operational intercompany discipline and visibility but are not a consolidation engine.
Analytics and Reporting
Cadency includes reporting dashboards that allow teams to:
- Track reconciliation status
- Monitor close tasks
- Drill into exceptions
- Report on control performance
Reporting is structured and role based, providing oversight rather than ad hoc analysis.
4. Architecture and Technology
Architectural Characteristics
- Cloud native SaaS platform
- ERP agnostic integration model
- Centralized workflow and rules engine
- Security and audit framework
- Configurable rather than custom build
Cadency is designed to integrate with transactional systems and act as a control layer in the close process.
What This Enables
- Standardized close execution
- Reduced manual work and errors
- Centralized documentation and control
- Audit readiness and regulatory support
What This Constrains
- Limited analytics outside governed reporting
- No statutory consolidation capabilities
- No planning or forecasting
- Less flexibility for finance driven modeling
Cadency is optimized for execution quality rather than analytical depth.
5. Maturity and Product Positioning
Cadency is a mature financial close automation suite with deep process support and governance capabilities.
Key attributes:
- Strong credibility with accounting and compliance teams
- Focus on risk and control rather than exploratory workflows
- Incremental product evolution centered around close discipline
Cadency competes on process control, compliance, and reliability rather than speed of customization.
6. AI and Intelligence
Artificial intelligence and automation within Cadency focus on:
- Pattern detection in reconciliations
- Exception identification
- Rules based alerts
These enhancements support execution and prioritization rather than replacing accounting judgment.
There are no AI driven planning or consolidation features native to Cadency.
7. Integrations and Ecosystem
Cadency integrates with a broad set of ERP and financial systems including:
- SAP
- Oracle
- Microsoft Dynamics
- NetSuite
- Other ERPs and legacy systems
This ERP agnostic design allows organizations with heterogeneous systems to unify close controls across disparate sources.
8. Implementation and Time to Value
Implementation Reality
Cadency implementations are:
- Process oriented rather than data model heavy
- Faster than consolidation or ERP projects
- Typically led by accounting teams with optional SI support
- Dependent on reconciliation scope and close complexity
Organizations often assign a platform owner to manage configuration and ongoing maintenance.
Typical Timelines
- Initial rollout: 8 to 16 weeks
- Broader enterprise deployment: 3 to 6 months
Time to value is generally swift relative to larger CPM solutions.
9. Pricing and Commercial Model
Cadency uses a subscription based pricing model.
Pricing variables include:
- Number of accounts and reconciliations
- Modules deployed
- Entity and user counts
- Integration complexity
Directional ranges:
- Mid market: low six figures annually
- Enterprise: high six figures to seven figures annually
Implementation and training services are typically separate.
10. Strengths and Limitations
Strengths
- Comprehensive account reconciliation
- Strong close task and workflow automation
- Robust compliance and control features
- ERP agnostic integration
- Scalable from mid market to enterprise
- Centralized documentation and audit readiness
Limitations
- Not a consolidation platform
- No planning or forecasting capabilities
- Limited analytics outside structured reporting
- Configuration heavy
- Less flexibility for ad hoc finance workflows
- Ongoing platform ownership required
11. When Cadency Is a Strong Fit
Choose Cadency if you:
- Want to improve financial close accuracy
- Need strong reconciliation and compliance controls
- Operate across one or multiple ERPs
- Prioritize documentation and audit readiness
- Want visibility into close tasks and exceptions
Consider alternatives if you:
- Need statutory consolidation
- Want FP&A or modeling capabilities
- Expect minimal configuration effort
- Have very simple close requirements
12. Executive Takeaway
Cadency is a comprehensive financial close automation suite that brings discipline, transparency, and control to record to report processes.
It delivers significant value for organizations seeking to standardize and govern reconciliations, journal workflows, intercompany matching, and close task execution.
For finance teams prepared to operationalize structured close governance, Cadency remains a strong and proven option.
Need Help Evaluating Trintech Cadency?
Our analysts can help you evaluate Trintech Cadency against other financial close automation platforms and determine if it's the right fit for your finance team's close processes.
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