Posts Categorized: Trintech Cadency

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June 13, 2017
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Smart RPA is Risk Intelligent RPA™

From Leonardo da Vinci sketching humanoid robots to the introduction by General Motors in the early Sixties of Unimate, the world’s first industrial robot, the vision of robotics has evolved immensely over the years. Today, we have entered a period where robotics continues to expand across our everyday lives, automating the low-value, menial tasks so...

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March 28, 2017
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Moving from Continuous Accounting to Risk Intelligent RPA™

Over the past few years, topics such as: “Modern Finance,” “Continuous Accounting” and “Robotic Process Automation” have all created buzz across the finance industry. These topics have been launched as a response to the challenges facing finance around attracting and retaining high quality employees, the rising risk due to the difficulty in certifying accurate data, and...

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October 13, 2016
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Helping the C-Suite Sleep More Easily – Reducing Risks and Ensuring the Integrity of the Close

“It’s not what I know that keeps me up at night, it’s what I don’t know and the impact it could have on our business.” As organizational environments increasingly become more complex, compliance-focused and technology-driven, the C-Suite has even greater pressure to ensure the integrity of the financial close. It’s easy to say that it...

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September 21, 2016
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Robots Are Here To Take All Our Jobs (Or Are They?)

Over the last couple of years, one topic has begun to dominate discussion in the finance community: Robotic Process Automation (or, because everything today has to have an acronym, RPA). “Highly educated accountants and financial personnel spend 65%+ of their time on manual, low-value processes.” – The Hackett Group So what is all the buzz...

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August 11, 2016
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Top 4 Record to Report KPIs You Should Be Tracking

What gets measured gets managed, or so the old adage goes, so as finance professionals, what should we be measuring when it comes to the Record to Report process? The first thing is to understand what we are trying to achieve. The end goal is to prepare and report the overall accounts of the business...

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August 9, 2016
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#ContentWeLove: 8 Key Steps to Becoming the CEO’s Trusted Strategic Adviser

As CEO’s increasingly become more aggressive on their approach to taking on risk as it relates to their strategic growth, the CFO’s role has quickly evolved from that of a number cruncher to that of a strategic partner working to help navigate the CEO in the right direction. Recently, CFO.com has expressed its view on...

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May 31, 2016
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Financial Transformation: Make the Right Choices or Suffer the Consequences

Recently, we’ve been discussing the road to financial transformation through technology and have put forward practical ways to assess your current level of maturity and key areas of focus for improvement. The next big decision is how to implement. Will you opt for a staged evolutionary approach, or a big bang revolution? Through experience, we...

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May 9, 2016
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How to Prioritize Your Steps Towards World Class Finance Services

Over the last few weeks we’ve put forward the case that technology can be the only true enabler of financial transformation, illustrated by excellent examples like this AstraZeneca case study. The big question is – how do you follow suit? We often encounter organizations that are discouraged from going further because while they’re using technology...

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May 3, 2016
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Record-to-Report Transformation: 8 Key Questions to Ask for the Best Results

One of the most common questions organizations ask when they want to embark on a financial transformation program is simply “Where do I begin?.” They understand “why” they need to do it, but struggle with the “how.” First off, there are some practical requirements to consider. Have you received board level buy in? Identified internal...

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April 29, 2016
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The Before-and-After of Financial Transformation – What Does Success Look Like?

As we’ve been discussing recently, the primary objective of any financial transformation project is to achieve process improvements that produce higher quality financial information with fewer resources.   As the chart below shows, top performing businesses who have achieved transformation tend to spend over 50% less on processes. They also spend far less time closing...

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