Cadency controls and automates account reconciliation

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

With Cadency’s Certification Cloud-based software solution, you can control and automate the account reconciliation process by:

  • Driving efficiency through dynamic account analytics that facilitate a top-down, risk-based approach to account reconciliation
  • Automating review of account reconciliations and certification for all balance sheet accounts
  • Using simple templates to standardize and streamline balance sheet verification
  • Gaining needed visibility to ensure compliance
  • Enabling account reconciliation controls and reducing dependency on unmanaged Excel spreadsheets
  • Illuminating underlying performance and movements in financial statements via enterprise-wide variance analysis
  • Reducing operational costs and improving internal controls

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

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Request a Free Demo of Cadency’s Certification solution for account reconciliation, balance sheet reconciliation and variance analysis!

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