Tip Sheet

Achieving Financial Transformation Through Agile Project Methodology

How Ortsted Is Extending the ROI of an Automated Financial Close with Cadency


Orsted is a multinational organization based in Denmark that is known for their development of energy systems that are green, independent and economically viable. They are a leader within the offshore wind power sector where they develop, construct, own and operate offshore wind farms. Competition is strong and in order to remain a competitive leader, Orsted needed to overcome challenges within their Office of Finance.

Implementing Cadency helped support their transformation goals and it is now an important tool for enabling effective automation of their month end close and reconciliation processes. Orsted plans to automate and standardize the journal entry and bank reconciliation processes within Cadency next.

Download this tip sheet to learn about Orsted’s journey to financial transformation.

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