Cadency Journal Entry
Cadency Journal Entry helps you to mitigate risk with accurate, centralized journal entries. With real-time visibility, control and validation of the status of journal entries, this approach quickly translates into much stronger overall governance of your Record-to-Report (R2R) process.
Strong, Accurate and Readily Accessible Documentation of Your Enterprise’s Financial Performance
Organizations who rely on Cadency Journal Entry are seeing up to:
Take Control of Your Close with Cadency Journal Entry
The journal entry process is a crucial part of ensuring an accurate close, accounting for all financial details and creating audit-ready documentation. For most organizations, the process lacks visibility, control and offers little in the way of risk management. Cadency Journal Entry centralizes information and automates the journal entry process while delivering audit-ready documentation and maintaining compliance with both corporate guidelines and governmental regulations.
We radically simplified our manual journal entries…With the Trintech solution, its fully automated. Once it’s approved it automatically updates the SAP system. Those manual controls move to system controls.
Unlock the Powerful Capabilities of Cadency Journal Entry
Cadency Journal Entry, part of the powerful Cadency platform, gives you the ability to configure viewing and editing rights to ensure security requirements are met while still enhancing collaboration. It also leverages machine learning and AI algorithms to measure the risk associated with each journal entry, for quick identification and more accurate reporting.
Templates
Establish standard templates for journal entries that outline clear policies, necessary steps, and documentation requirements to ensure consistency and compliance.
Risk Intelligent Automation
Utilize advanced automation technologies to streamline all aspects of journal entry management, from creation and validation to posting and reporting.
Currency Validation
Automate the validation of journal entries to verify accuracy and completeness before they proceed to the next stage of the workflow.
ERP Agnostic Integration
SAP®, Oracle®, and NetSuite® Certified pre-built connectors are designed to reduce the cost, time and risk of data integration by eliminating the need to develop custom code, making the integration between your ERP and Cadency budget-friendly, faster and more efficient overall.
Risk Rating Engine (RRE)
Implement an AI-driven risk rating system to assess the risk level of journal entries based on predefined criteria, enhancing control and oversight. AI Risk Ratings ensure better audit preparation and the ability to quickly locate high risk transactions that could have resulted in fraud or misstatements.
Real Results. Real Impact.
Honda Saves Time across Journals, Reconciliations, and Close Tasks with Trintech
Highlights
-
Faster, more structured, and controlled workflows: Replaced Excel-based processes with automated reconciliations and close tasks.
-
Significant time savings on high-volume journal entries: Streamlined journal processes using templates, copy/reverse functionality, and search.
-
Improved visibility, control, and audit readiness: Unified journals, reconciliations, and close tasks in one platform, ensuring real-time access to documentation and a complete audit trail.
The ability to post journals using templates, easily copy entries, reverse prior journals, and quickly search for backup documentation made a huge difference. For high-volume journal entries with hundreds of lines, the time savings were especially significant.
Watch TestimonialSevern Trent Simplifies Journal Entries and Eases Workloads with Trintech
Highlights
-
Streamlined Journal Entries: Integration with SAP ERP simplified intercompany journal entries, with auto-populated data and integrated approvals.
-
Significant Reduction in Reconciliations: By grouping reconciliations, Severn Trent decreased the total number, enhancing efficiency.
-
Enhanced Error Prevention: Proactive error detection improved the quality of reconciliations.
[Trintech’s] journal entry allows for different approval routings based on journal value; this allows journals to be distributed to the correct reviewer based on the level of risk associated with the journal, helping distribute journal reviews across a larger population and easing workloads.
Read Case StudyBayer Closes Control Gaps Using Journal Entry Validation with Trintech
Highlights
-
Standardized Global Financial Processes — Improved consistency across 90 countries.
-
Optimized Record-to-Report (R2R) Performance — Strengthened end-to-end process oversight with real-time visibility.
-
Strengthened journal entry control and audit readiness: Implemented structured workflows and validation controls, ensuring full transparency, traceability, and compliance.
One of the main reasons we decided to implement [Trintech] was because it is a holistic platform that can address the full financial close process, including journal entries. Our external auditors had heightened their scrutiny on manual journal processes…increasing our need to deploy a more robust and compliant solution.
Read Case StudySee Cadency Journal Entry in Action
Data Profiles for Enhanced Collaboration
Visibility into Overdue Journals
Journal Entry with Native AI
Haleon Saves “Tens of Thousands” of Hours On Account Reconciliation with Trintech
Cadency Platform
Discover a Comprehensive Solution
Cadency Journal Entry is part of the Cadency platform, a leading enterprise solution for Record to Report (R2R) processes. The platform provides controls that enhance efficiency and effectiveness for the Office of Finance while reducing risk and costs. Cadency unifies all R2R activities into a seamless, ERP-agnostic platform.
Learn More
Learn More About Cadency Journal Entry
Interested in learning more about what Cadency can do for you? Check out some of our most recent content pieces.
