Cadency – Automating the Financial Close in SAP with ERP Bots
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With the ERP as the system of record, there are certain tasks that have to be performed in the ERP each month-end. These tasks are typically repetitive and done manually over many hours, such as running a depreciation schedule for hundreds of entities. With Trintech’s ERP Bots, we are providing…
Automating for a More Accurate, Faster and Cheaper Financial Close
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One of the many challenges facing the office of finance is resolving how to implement financial close automation to lead to an expedited and less expensive close. Discover month-end close process automation opportunities and best practices from mid-market organizations. Download this infographic to see how attendees responded to our webinar…
Certified NetSuite Connector for Cadency
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While your ERP plays a significant role in the management and automation of daily operations, it is simply not designed to handle the complexity of an organization's financial process. All too often, to compensate for the gap in the ERP’s capabilities, a large amount of data and tasks are taken…
Cadency’s ERP Bots Capabilities
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Accessing and utilizing the data from your ERP during the Record to Report (R2R) process should be timely and error-free. However, when effective workflows are not in place, completing the month-end close is time-consuming, and full of potential risk due to the lack of process visibility and manual data entry…
10 Financial Close Rules That Hurt The Office of Finance
Tip Sheet
A general lack of visibility, bottlenecks in the workflow and a constant demand from executive management to close faster, all plague the typical close process. Often the result is to adopt a “why fix what’s not completely broken” attitude and throw their budget and efforts into handling the symptoms of…
3 Ways to Gain More Control Over Your Close
Tip Sheet
The facts and figures produced by the close are the frameworks by which the fastest-growing organizations decide how and where to propel themselves forward. But building a compliant, up-to-date and relevant report can be hard to achieve when the business and its data keep growing, and the goalposts keep moving. …
Cadency Universal Application Connector
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To create a comprehensive Record to Report process, all relevant financial data needs to be managed through one integrated platform. Cadency by Trintech™ offers not only the most comprehensive System of Controls™ available to manage your financial close process from beginning to end, but also a Universal Application Connector (UAC)…
4 Reasons to Transition from Spreadsheets to Reliable Financial Transformation
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As the number of financial transactions your company encounters increases, so does the amount of time needed to reconcile these transactions—at least when done manually. Additionally, you must be prepared to identify the threats of error and misstatement before they cause severe issues in your balance sheet. Instead of relying…
The Creators’ Remorse of Home-grown RPA for Financial Processes
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In recent years, Robotic Process Automation (RPA) has taken the finance industry by storm. But as the adoption rate grows, some organizations have elected to become their own integrators, extenders and high-level architects of RPA software. Whether it’s during the planning, execution, or related to the long-term obligations after the…
Risk Intelligent Robotic Process Capabilities
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In recent years, Robotic Process Automation (RPA) has taken the office of finance by storm, and for good reason. However, while RPA improves upon the status quo of numerous manual processes, it does little to improve the risk-based quality of your financial statements. For this reason, Trintech has developed Risk…
