Financial Close Software

Capabilities of Cadency’s Financial Close Workflow and Process Management Solution

Cadency’s Close provides customers with a robust workflow and process management solution for the entire financial close, including:

Task Status Console

The Task Status Console serves as a jumping off point for daily oversight of the entire financial close process, highlighting the status of close tasks, issues and control tests and including drill-down capabilities for management to review flagged issues.

Dependency Console

This dashboard highlights upstream and downstream task dependencies, flagging potential bottlenecks to allow management to address issues before a deadline has passed.

Collaboration Tools

Collaboration environments facilitate meaningful interaction between dispersed internal contributors as well as external auditors, with real-time issue tracking and resolution features which speed the preparation of documents required to support the financial close or for review by external auditors.

Workflow, Scheduler and Action Plans

This feature helps keep individual contributors on task in a deadline-oriented environment, facilitating management identification of underperformance and smoothing workload spikes with checklists and action plans. Now you’ll always have an answer to the critical question: “Did we forget anything?”

Close e-Binder

The Close e-Binder can cut the time it takes to retrieve data for review by management or external auditors by as much as 25%, maintaining all period-end financial close documentation and results in electronic format to offer a final system of record from which a close period can ultimately be reconstructed.

Our Customers

Our Customers