Logo of Cadency by Trintech

Cadency by Trintech

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Company health

Employee growth
7% increase in the last year
Web traffic
32% decrease in the last quarter

Ratings

G2
4.3/5
(116)

Cadency by Trintech description

Cadency by Trintech is a software suite designed to automate and streamline the financial close and reconciliation processes for businesses. It offers tools for managing tasks like account reconciliation, journal entries, close management, and compliance reporting, aiming to reduce manual effort and improve accuracy. Cadency is utilized by various industries, with a focus on larger enterprises. Its key selling point is the promise of a more efficient, controlled, and transparent financial close process, leading to better decision-making and risk management.


Who is Cadency by Trintech best for

Cadency by Trintech automates financial close and reconciliation processes, improving accuracy and efficiency. Users praise its streamlined reconciliation process and automation capabilities, but some find reporting complex and customer support slow. Best for larger businesses needing robust financial management tools, Cadency integrates well with existing ERP systems like SAP.

  • Best fit for enterprise businesses (1000+ employees).

  • Ideal for finance teams seeking to automate close and reconciliation processes.


Cadency by Trintech features

Supported

Cadency supports currency conversions for multinational financial consolidation.

Supported

Cadency automates reconciliation with risk-intelligent processes, reducing manual work.

Supported

Cadency automates close tasks, including data collection, reconciliation, and reporting.

Supported

Cadency automates intercompany eliminations during financial consolidation.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather negative
-0.33

Customer Service

Rather positive
+0.46

Ease of Use

Strongly positive
+0.76

Reliability and Performance

Rather positive
+0.47

Ease of Implementation

Neutral
+0

Scalability

Rather positive
+0.43

Cadency by Trintech reviews

We've summarised 110 Cadency by Trintech reviews (Cadency by Trintech G2 reviews) and summarised the main points below.

Pros of Cadency by Trintech
  • User-friendly interface for basic tasks and account reconciliations.
  • Streamlined and standardized balance sheet reconciliation process.
  • Automation capabilities for various tasks, including reconciliations and journal entries.
  • Improved visibility and control over financial close processes.
  • Good integration with SAP and other ERP systems.
Cons of Cadency by Trintech
  • Difficult reporting, often requiring customization and combination of multiple reports.
  • Slow customer support response times, especially during month-end close.
  • Complex system configuration, especially for new implementations and integrations.
  • Occasional system lags and performance issues, particularly when extracting large reports.
  • Limited flexibility for customizing certain features and screens.

Cadency by Trintech pricing

The commentary is based on 3 reviews from Cadency by Trintech G2 reviews.

No pricing information found on the website.

Users sentiment

Strongly positive
+1

See the Cadency by Trintech pricing page.


Cadency by Trintech alternatives

  • Logo of FloQast
    FloQast
    Close faster, reconcile smarter, automate accounting.
    Read more
  • Logo of Oracle Financial Consolidation and Close
    Oracle Financial Consolidation and Close
    Automates and streamlines financial close, boosting accuracy and speed.
    Read more
  • Logo of BlackLine Financial Close Management
    BlackLine Financial Close Management
    Automates and streamlines the monthly financial close process.
    Read more
  • Logo of OneStream
    OneStream
    Unified finance platform for planning, reporting, and analysis.
    Read more
  • Logo of Trintech
    Trintech
    Automates financial close and reconciliation, boosting accuracy and speed.
    Read more
  • Logo of Anaplan
    Anaplan
    Connected planning platform for faster, smarter business decisions.
    Read more

Cadency by Trintech FAQ

  • What is Cadency by Trintech and what does Cadency by Trintech do?

    Cadency by Trintech is a financial automation software suite that streamlines the record-to-report process, including account reconciliation, journal entries, and close management. It helps large enterprises improve accuracy, efficiency, and control over their financial close, ultimately leading to better decision-making.

  • How does Cadency by Trintech integrate with other tools?

    Cadency integrates with major ERP systems like SAP, offering streamlined data flow for financial processes. It also integrates with other tools to enhance automation and reporting capabilities, improving overall financial close efficiency.

  • What the main competitors of Cadency by Trintech?

    Top competitors to Cadency by Trintech include FloQast, Workiva, and Aico. These alternatives offer similar financial close and automation solutions, catering to businesses seeking streamlined reconciliation and reporting processes. Oracle Financial Consolidation and Close is also a viable competitor.

  • Is Cadency by Trintech legit?

    Yes, Cadency by Trintech is a legitimate software solution for financial automation and close management. It's known for its user-friendly interface and automation capabilities, but some users report difficulties with reporting and customer support. It is best suited for larger enterprises.

  • How much does Cadency by Trintech cost?

    I cannot find pricing details for Cadency by Trintech. Contact Trintech directly for product pricing or a personalized quote based on your business needs.

  • Is Cadency by Trintech customer service good?

    Customer reviews on Cadency by Trintech's customer service are mixed. While some users praise the helpful and responsive support team, others have experienced slow response times and difficulty getting issues resolved, especially during peak times like month-end close.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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