REINVENT
RECORD-TO-REPORT

Finally, financial executives have the world’s only financial governance solution that weaves all Record-to-Report (R2R) activities into a single, seamless process. The result: a reinvented, shortened Record-to-Report cycle that minimizes risk, resources and costs —  and aligns finance with a constantly changing business and regulatory environment. Finally, there’s Cadency.

A repeatable rhythm for Record-to-Report

With Cadency, your Office of Finance can finally establish a repeatable rhythm for the Record-to-Report process. That means you can orchestrate all stakeholders and streamline all process activities, while measuring and managing the risk profile in the financial governance model.

Across the entire Record-to-Report cycle, from transaction through issuance of financial statements, Cadency empowers continuous process improvements in account reconciliation and compliance…in financial reporting and XBRL tagging…and in regulatory reporting, disclosures and filing.

With Cadency, today’s finance executives can exhibit controlled agility — “controlled” to ensure the highest level of data accuracy and integrity in financial close data, and “agility” to adapt to and meet organizational changes that mitigate risk — via enterprise-wide:

  • Transparency, monitoring your Record-to-Report process step by step, through a console that tracks workflow, KPIs and to-dos
  • Governance to ensure you’re following the right R2R practices
  • Using simple templates to standardize and streamline balance sheet verification
  • Control to ensure you’re managing those R2R practices in the right way

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Verify the integrity of financial statements

With Cadency, financial executives finally have an automated solution to verify the integrity of all financial statements through automated enterprise reconciliations, balance sheet certification and variance analysis. By reducing your dependency on spreadsheets and minimizing inherent risks in the manual certification process, Cadency gives management real-time visibility into the close — which also helps ensure regulatory and corporate compliance.

Cadency also integrates certification with two real-time, risk-reducing activities that span the entire Record-to-Report process: Close and Journal Entry.

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Ensure corporate and regulatory compliance

With Cadency, financial executives can manage a wide range of cross-enterprise compliance initiatives, including SOX (302, 404, 406), HIPAA, FERC/NERC and more. You can also manage coordinate security standards such as PCI-DSS and process management initiatives, including quality control and IT governance.

Cadency also integrates compliance with two real-time, risk-reducing activities that span the entire Record-to-Report process: Close and Journal Entry.

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Report, disclose and file with confidence

Cadency gives you complete visibility over disclosure management, so you can mitigate risk while dramatically improving the efficiency of your Record-to-Report process. Easily integrating with your current workflow solutions — including XBRL tagging, Word and Excel — you can report, disclose and file with total confidence.

Cadency also integrates the above functions with two real-time, risk-reducing activities that span the entire Record-to-Report process: Close and Journal Entry.

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