Regulatory Compliance Challenges
Beyond regulations, financial compliance is fraught with monetary and reputational risk. Cadency Compliance mitigates potential missteps by focusing efforts on the most appropriate controls and highlighting critical issues in the R2R process and beyond. Also, its uniquely configurable key controls prioritize remediation, adding even more efficiency and effectiveness to this set of tasks.
Capabilities
- Admins can focus on chronological compliance phases with holistic and granular views
- Managers can connect supporting evidence to specific regulatory efforts through solution integration
- Executive leadership sets risk tolerances for Risk Intelligent RPATM to follow in control testing
How It Works
With a focus on streamlining, Cadency Compliance enables the automation and documentation of corporate and regulatory compliance, by implementing your financial governance model throughout the entire Record to Report process. By utilizing your critical controls, issues are flagged as soon as they arise, and the solution creates a centralized record of multiple compliance initiatives.