What is Cadency by trintech?
Cadency is the world’s only System of Controls™ that combines all Record to Report (R2R) activities, including reconciliation, variance analysis, close management, journal entry, compliance, intercompany, and more, into a single seamless platform.
What is Cadency certification?
Cadency Certify, part of our powerful System of Controls, can improve the speed, quality and accuracy of your financial close by automating the entire general ledger reconciliation process while providing real time visibility into your close process.
What is Cadency reconciliation?
With Cadency Reconciliation Certify (Certify), financial executives finally have an automated solution that improves the integrity of all financial statements by automating account reconciliations, balance sheet certification and variance analysis.
What is Cadency in accounting?
Cadency enables organizations to provide SMART Control, transparency and visibility with our native System of Controls where all R2R processes are standardized within a single holistic solution, ensuring effectiveness and reducing overall risk during your financial close.
What is SAP Cadency?
Cadency SAP®-Certified Connector Now, you will be able to seamlessly integrate and use your financial data in Cadency, the world’s only comprehensive System of Accounting Intelligence that weaves all Record to Report activities into a single, centralized process.
What is R2R finance?
Record to report (R2R) is a finance and accounting management process that involves collecting, processing and presenting accurate financial data. R2R provides strategic, financial and operational feedback on the performance of the organization to inform management and other stakeholders.
What is a Cadency name?
Cadencynoun. descent of related families; distinction between the members of a family according to their ages.
What types of match can be enabled in Cadency?
With Cadency Match, the office of finance can perform high-volume transaction matching as part of a comprehensive approach to the Record to Report process – rapidly enhancing the accuracy and regulatory compliance of all resulting financial statements.
What is P2P and R2R?
Knowing the difference between procure-to-pay (P2P), record-to-report (R2R) and quote-to-cash (Q2C) is essential to your procurement process. Not only do these processes help you understand how to make your procurement more streamlined, but they also improve efficiency.
What is a Martlet bird?
A martlet in English heraldry is a mythical bird without feet which never roosts from the moment of its drop-birth until its death fall; martlets are proposed to be continuously on the wing.
Does Cadency provide carry forward option?
Answer. Answer: Cadency is the only System of Financial Controls that weaves all R2R activities into a single seamless process. Additionally, Cadency Reconciliation Match, also part of the Cadency platform, is available to increase the speed of the transaction matching process on a daily basis.
Can recurring journals be created in Cadency?
These entries can be set up on a predefined schedule and Cadency will automatically generate them, reducing manual effort while also providing a control dashboard into the journals processed or upcoming.
What is the difference between OTC and PtP?
Essentially, order to cash comprises all the business processes related to a sale, whereas procure to pay includes all the business processes related to procurement from suppliers (i.e., purchase requisition).
Is the martlet bird real?
A martlet in English heraldry is a mythical bird without feet that never roosts from the moment of its drop-birth until its death fall; martlets are proposed to be continuously on the wing.
Is a martlet a swallow?
The martlet is a small bird, usually depicted without feet and (in some cases) without beak. There is some dispute as to what kind of bird it is. In English heraldry, it is a swallow; in French heraldry, it looks very much like a duckling. In German heraldry, it is said to be a lark.