Streamlining the Chaos: How Trintech is Revolutionizing Intercompany Reconciliation 

If you’ve ever been caught in the whirlwind of intercompany reconciliation, you know how complex and chaotic it can get—especially for organizations with multiple legal entities scattered across countries, currencies, and time zones. Whether you’re trying to track down a discrepancy in a shared expense or chasing down someone in another business unit to confirm a journal entry, the process can feel like solving a puzzle with half the pieces missing.

The truth is, intercompany reconciliation is vital. It directly affects the accuracy of your consolidated financial statements, audit outcomes, and compliance stance. But despite its importance, many companies are still juggling this process with outdated tools and siloed systems.

Why Is Intercompany Reconciliation So Challenging?

Let’s be honest—intercompany reconciliation can be a beast. First, you’re dealing with complex workflows involving multiple departments, often across borders, each with its own set of rules and systems. There’s a lot of room for things to fall through the cracks.

If you’re relying on spreadsheets to manage the process, those problems are only exacerbated. While Excel might be a great tool for quick calculations or small projects, it’s not built for the rigorous demands of enterprise-level financial operations. Manual reconciliation increases the risk of errors and makes it incredibly hard to maintain consistent processes. This lack of automation leads to missing audit trails, high compliance risks, and a lot of wasted time.

Spotting discrepancies is another headache. Without real-time visibility into both sides of a transaction, mismatches can sit undetected for weeks, slowing down the month-end close and creating compliance risks.

And for many organizations, the problem starts at the source of the data: legacy systems and siloed data. When each entity is operating on its own ERP, sharing and reconciling data becomes a slow, error-prone game of email tag.

Trintech’s Cadency Intercompany: Your New Secret Weapon

Trintech’s Cadency platform has just leveled up in a big way. Say hello to Cadency Intercompany —a powerful enhancement designed to transform the way you manage intercompany transactions.

Cadency Intercompany automates the end-to-end intercompany lifecycle, delivering seamless automation and control over processes such as transaction matching, reconciliation, settlement, compliance, and consolidation. It’s like going from a paper map to a GPS with real-time traffic updates.

Powered by Trintech Connectors and partner-built integrations, Cadency Intercompany can plug directly into your financial ecosystem. It automates the recording, reconciliation, and elimination of both trade and non-trade transactions across all your entities. No more copy-pasting data or waiting on emails to finalize bookings.

What Makes It a Game Changer?

1. Automation of Manual and Repetitive Tasks
   Cadency Intercompany can automatically match transactions in real-time, reconcile differences, and flag only the unresolved ones for your attention. It also automates allocations and settlements, so you’re not chasing down approvals or running manual calculations. It’s faster, more accurate, and frees up your team for strategic work.
2. Centralized Data and Visibility
   With Cadency Intercompany, you get a single source of truth for all intercompany activity. Real-time dashboards give you visibility into mismatches, reconciliation status, and balances across all entities. And because it’s all centralized, cross-entity collaboration becomes a breeze.
3. Standardized Processes Across the Board
   Cadency brings global consistency to your intercompany processes. From standardized templates for agreements and invoices to automated workflows that follow predefined steps, it eliminates the guesswork and variability that can lead to errors or delays.
4. Enhanced Compliance and Auditability
   With built-in regulatory tools and automated audit trails, Cadency takes the stress out of compliance. Every transaction, change, and reconciliation step is logged and easily accessible, making audits quicker and less painful.
5. Scalable and Flexible
   As your business grows, Cadency grows with you. It’s designed to scale across regions, entities, and new regulations without disrupting operations. And during mergers or acquisitions, it can integrate with acquired systems, ensuring business continuity.
6. Real Cost Savings and Efficiency Gains
   By cutting down on manual work and speeding up the close process, Cadency Intercompany helps you reduce operational costs and improve efficiency. That means more time for your team to focus on analysis and strategy rather than cleaning up spreadsheets.
7. Nativity to the Cadency Platform
   Unlike some of our competitors, Trintech’s Intercompany tool is native to the Cadency Platform. What does this mean? It means that you’ll be able to centralize all of your Intercompany processes within Cadency itself, eliminating the need to use yet another external system requiring additional data aggregation and workflow maneuvering. Cadency Intercompany brings your Intercompany process under your accounting umbrella, resulting in a more streamlined, visible, and predictable process.

Real-World Use Cases for Cadency Intercompany

Intercompany transactions generally fall into two categories—trade and non-trade—and each comes with its own set of complexities. Cadency Intercompany is built to handle both with precision and flexibility.

For trade transactions, like intercompany sales or services, Cadency Intercompany automates invoicing and reconciliation, applies appropriate tax rules, and enforces standardized pricing and contract terms, reducing disputes and ensuring compliance.

For non-trade transactions, such as shared service allocations, Cadency Intercompany offers flexible allocation templates, a centralized audit trail, and enhanced cost traceability. This makes it easier to justify shared costs, support audits, and drive accountability.

In today’s fast-paced, regulation-heavy environment, intercompany reconciliation needs more than spreadsheets and workarounds—it needs intelligence, automation, and control. Cadency Intercompany is that solution.

If your organization is struggling with intercompany chaos, it’s time to simplify, standardize, and scale. With Cadency, you’re not just closing the books—you’re closing the gap between complexity and clarity.

Want to see how Cadency Intercompany can work for your business? Let’s talk.

Written By: Lindsay Rose