What is Cadency?
Reinforcing the integrity of financial close data and processes, Cadency manages risk through enterprise-wide transparency, governance and control across the entire Record-to-Report process. Through a single end-to-end product, Cadency can cover any or all activities in the process.
Company Details
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Get AssistanceCadency Ratings
Real user data aggregated to summarize the product performance and customer experience.
85 Likeliness to Recommend
100 Plan to Renew
92 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
+92 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Cadency?
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Analytics and Reporting
Transaction Monitoring
Market Risk Management
Policy Management
Fraud Management
Cheque Management
Regulatory Compliance and Audit
Credit Risk Management
Anti Money Laundering
Asset Liability Management
Stress Tests
Vendor Capability Ratings
Ease of Implementation
Ease of Customization
Quality of Features
Ease of Data Integration
Usability and Intuitiveness
Availability and Quality of Training
Breadth of Features
Vendor Support
Business Value Created
Product Strategy and Rate of Improvement
Ease of IT Administration
Cadency Reviews
Akalezi C.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Aug 2024
Really robust and effective solution
Likeliness to Recommend
What differentiates Cadency from other similar products?
Cadency provides a holistic approach to automation, covering tasks from data collection and validation to journal entry creation and reporting.
What is your favorite aspect of this product?
Cadency's ability to automate a wide range of financial close tasks is a significant advantage.
What do you dislike most about this product?
it can also be complex to implement and learn
What recommendations would you give to someone considering this product?
Go for it, very robust solution
Pros
- Continually Improving Product
- Performance Enhancing
- Enables Productivity
- Efficient Service
Please tell us why you think this review should be flagged.
Lehar A.
- Role: Finance
- Industry: Finance
- Involvement: IT Development, Integration, and Administration
Submitted Jul 2024
Comprehensive Solution with Potential for Advanced
Likeliness to Recommend
What differentiates Cadency from other similar products?
Provides a unified environment for managing financial operations, reducing the need for multiple disparate systems and ensuring consistency across processes.
What is your favorite aspect of this product?
The automation of transaction matching and exception handling significantly reduces manual effort and the risk of errors, making the financial close process more efficient and accurate.
What do you dislike most about this product?
Nothing at all
What recommendations would you give to someone considering this product?
Ensure that Cadency integrates smoothly with your existing ERP systems and other financial tools. This integration is crucial for a seamless data flow and process efficiency.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.
Elizabeth B.
- Role: Operations
- Industry: Technology
- Involvement: End User of Application
Submitted Oct 2022
Powerful close management module
Likeliness to Recommend
What differentiates Cadency from other similar products?
The greatest value that we get as a business out of Cadency system lies in the risk analysis and greater scrutiny of transactions as they pass into journal entries. It enforces accountability right back at the point that transactions get entered into the system
What is your favorite aspect of this product?
Cadency creates pre-written workloads and also provides checklists for closing which helps organize the tasks required to close the accounts and allocate responsibility for each task to different team members
What do you dislike most about this product?
Populating the periods within the Cadency Close Module is time-consuming. Navigating the website to find the training and documentation specific to my needs is difficult
What recommendations would you give to someone considering this product?
Cadency includes modules that perform much of the closing work for you. It is intended for constant use, sorting out issues such as reconciliation on an ongoing basis so that you don't have any last-minute issues
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.
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