Cadency

About Cadency

Cadency is a financial close automation software platform that acts as a crucial link in your financial value record to report system. It offers pre-built ERP connections that can be linked to any ERP system, minimizing data integration risk, time, and costs. With Cadency, you can reduce the amount of time it takes to write custom integration code to automate financial closure tasks. You can automatically retrieve data needed for the reconciliation and closing procedure. For the Record to Report process, it integrates with numerous ERP systems and providers into a single unified solution. The built-in APIs in Cadency allow you to create completely automated, unique interfaces and eliminate the danger of manual data transfers. By configuring error-handling procedures, validation, and specific sequencing, you can optimize the benefit of Cadency's tight connection to your ERP, eliminating the risk of human mistakes and saving time by initiating associated activities. Additionally, you can examine patterns in your data over time, spot irregularities, and automate activities depending on the associated risk using machine learning algorithms provided by this software.