Trintech, a leading global provider of automated Record to Report (R2R) software solutions for the office of finance, today announced the release of Cadency® 3.0. The company's newest version of its complete R2R solution includes a French version, offers a fresh, new look, and provides a powerful solution for regulatory and financial reporting - Trintech Disclosure Management©.
"Cadency is a powerhouse of R2R capabilities. From its flexible integration with existing ERP systems, to the Risk Intelligent Robotic Process Automation that greatly increases visibility and control, Cadency is uniquely capable of supporting financial transformation for world-class companies around the globe. Through one unified solution, our customers are greatly reducing the costs and accuracy risks associated with fragmented and complex integrations of multiple technology platforms," said Teresa Mackintosh, Trintech's Chief Executive Officer.
As part of the release of 3.0, Cadency now includes Trintech Disclosure Management©, the newest addition to the Trintech solution portfolio. Trintech Disclosure Management allows public and private companies to automate all the deadlines, requirements, and document development needs for financial and disclosure reporting. Now, companies can automate the process of creating SEC disclosures, Commons House reporting, Board Books for their Board of Directors, and more as part of their financial close process.
"By leveraging the integration of Trintech Disclosure Management into the Cadency console, financial professionals can now answer the question, 'Is my reporting complete and am I ready to report?'" said Michael Ross, Executive Vice President of Product Management.
Additionally, by using Trintech Disclosure Management's research capabilities, financial professionals can easily search for note examples, additional information on rules and regulations that may be applicable to their industry and conduct disclosure benchmarking to ensure that their reports are best-in-class representations of their company's financials.
Cadency 3.0's new close task communication capabilities save time by allowing the company's associated third-party system to input, route and close assigned tasks directly into Cadency.
The solution's new NetSuite and SAP connectors further enhance Cadency's ability to help an organization meet the increasing demand for seamless data-sharing that flows smoothly and accurately into all aspects of the R2R process.
Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, journal entries, bank fee analysis, reporting, governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency®, Trintech Disclosure Management®, ReconNETTM and T-Recs®, help manage all aspects of the financial close process. Over 1,700 clients worldwide - including the majority of the Fortune 100 - rely on our cloud-based software to increase efficiency, reduce costs, and improve governance and transparency across global financial organizations.
Headquartered in Dallas, Texas, Trintech has offices located in the United States, United Kingdom, Australia, France, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook, and Twitter.