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Cadency Logo
Cadency Logo
Trintech

Cadency

Composite Score
8.2 /10
CX Score
8.6 /10
Category
Cadency
8.2 /10

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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Cadency Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

87 Likeliness to Recommend

91 Plan to Renew

90 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+97 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?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Feature Ratings

Average 86

Stress Tests

90

Cheque Management

90

Policy Management

88

Asset Liability Management

88

Anti Money Laundering

88

Analytics and Reporting

87

Market Risk Management

86

Transaction Monitoring

85

Credit Risk Management

85

Fraud Management

83

Regulatory Compliance and Audit

77

Vendor Capability Ratings

Average 86

Ease of Implementation

94

Breadth of Features

91

Vendor Support

90

Ease of Customization

88

Business Value Created

86

Availability and Quality of Training

86

Ease of Data Integration

86

Usability and Intuitiveness

86

Quality of Features

85

Ease of IT Administration

84

Product Strategy and Rate of Improvement

69

Cadency Reviews

Elizabeth B.

  • Role: Operations
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2022

Powerful close management module

Likeliness to Recommend

10 /10

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

Allison C.

  • Role: Operations
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Sep 2022

Cadency is a great finance management tool.

Likeliness to Recommend

8 /10

What differentiates Cadency from other similar products?

It’s easy—a smart connection with SAP. I prefer the manner of uploading data, and also, there are a lot of options for tracking the balances. Another useful feature is the automatic reconciliation of balances. Fantastic and useful customer tool for the users.

What is your favorite aspect of this product?

We adapted cadency closely to fit our organization’s needs. It’s versatile in terms of reporting structure and adding tasks. We may add throughout open periods. There are variant workarounds. The foremost useful factor with cadence is that the solution it provides for organizing financial info in one place and reducing the requirement to interrupt subsidiary contacts resulting in multiplied productivity.

What do you dislike most about this product?

I feel the time it takes to urge a resolution from Trintech Support is probably the biggest pain point. It takes a while for them to jump on a call or be able to figure out if there’s a performance issue or what the resolution ought to be.

What recommendations would you give to someone considering this product?

I think the tool is user-friendly and easy to use for the most part. We have been using cadency for one or two years and don’t have too many issues.

Pros

  • Unique Features
  • Inspires Innovation
  • Client Friendly Policies
  • Fair

Cons

  • Less Caring
  • Less Effective Service
  • Wastes Time

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