Cadency by Trintech Reviews & Product Details

Certification

Certification is an excellent piece of the puzzle to our overall balance sheet. It has been great to standardise the reconciliation process within our companies and have a strict Quality Assurance process in place.

CLOSE

We have not used CLOSE to its full potential yet, and we are about to implement stage 2 of the project, which will help us deliver a proper close. Genuinely excited about our future CLOSE process.

JE

JE has been great to implement. We have just had year-end, and it went so smoothly due to JE. It gives us more control over the approval process and stops skipping procedures.

Support

The support teams are fantastic, and being split between Europe and the States, you have access to them all the time. They do what they say they will do, when they says it. As an admin user I am in the system all the time. The changes/upgrades on the whole and been really good for us. We have just recently upgraded to 11.3 and strongly recommend this system Review collected by and hosted on G2.com.

I feel the reporting could be much more intuitive. It can be difficult to get all the information you need in one report. We can adapt to it when it would be much easier if it adapted to us. Review collected by and hosted on G2.com.

I find Cadency by Trintech to be quite easy to use, especially from a reconciler's perspective, and even when working as an admin, it is not too difficult to navigate. One of the standout aspects is the exceptional IT support I've received, particularly from Steve Mersman, who has been incredibly responsive, patient, and helpful, ensuring that all issues are resolved promptly. This level of support is invaluable as a relatively new admin, and it significantly enhances the overall experience of using Cadency by Trintech. Review collected by and hosted on G2.com.

I find Cadency by Trintech challenging when updating a reconciler after the reconciliation has been uploaded by another employee or is pending review. This process should be more seamless, especially when reconcilers or reviewers are out of the office or no longer with the company. Review collected by and hosted on G2.com.

Ease of rec prep, saves time during our close cycle, and can be customized to fit business needs. Automation of low risk recs through DAM creates efficiencies and allows more time for review or high risk/more critical rec tasks. The customer service (Success site) is very user friendly and has countless training materials as well. Review collected by and hosted on G2.com.

Inactivation of users can be cumbersome at times. All workflows must be reassigned before users can be inactivated. This can be difficult at times, especially if multiple user groups are used. Review collected by and hosted on G2.com.

What I like best about Cadency is the Match module’s ability to handle high-volume transaction matching with strong automation. The configurable rules and clear exception management save a lot of manual effort and speed up the reconciliation process. Review collected by and hosted on G2.com.

What I dislike is that the import and auto-matching process can sometimes take longer than expected. Also, it would be very helpful if Cadency could support matching between CCY1 and CCY2 directly. Review collected by and hosted on G2.com.

Easy to navigate, very intuitive to how things are organized. It's also pretty seamless as far as adding new data feeds as par to the developement is owned by the vendor. Another postitive is most of the load jobs run automatically without any manual intervention. Review collected by and hosted on G2.com.

Cadency is not very flexible regarding updating/making changes to account recons mid-period. It's best to make changes at the beginning or end of a period. Also, updates made to Cadency to fix important bugs are not available unless you do a full upgrade. Our current version dashboard of outstanding doesn't work properly and we'll have to wait till the next upgrade to fix. Review collected by and hosted on G2.com.

What I like the most is the platform’s dynamism and the way it tracks all user actions. This allows me to perform detailed analysis and reporting, helping to identify risks and continuously improve our processes. Review collected by and hosted on G2.com.

One of the main limitations is the rigidity in how information must be loaded. In some cases, the process must be followed strictly step by step (e.g., Step 1, then Step 2) for the auto-reconciliation to work properly or for certain actions to be triggered. If the sequence is not followed exactly, the expected outcome may not occur. Review collected by and hosted on G2.com.

I like that we're able to bulk update certain recs and use DAM jobs to update recs on a one-time or scheduled basis. Our representative is very willing to help us in any way possible and has provided plenty of training opportunities. We appreciate the in-depth customer engagement from our current representative as that was missing from previous representatives. Review collected by and hosted on G2.com.

The searching capability in Cadency is not as user friendly as other financial applications we use. It's also a bit difficult to tell what has been loaded to the system as everything seems to be on the back end instead of on the interface. Our end users have also noted that trying to tie things out between Trintech Cadency and our ERP/Reporting Systems is time consuming and cumbersome. Review collected by and hosted on G2.com.

It is an effective tool for standardizing processes, especially within a global organization. Review collected by and hosted on G2.com.

Cadency is often seen as slow during peak periods.

I like the flexibility of Cadency that we can see a lot of possibilities but it always have some system limitation prevent us from achieving a truly seamless process. Review collected by and hosted on G2.com.

Implementation was very simple, we switched from blackline to cadency relatively quickly and the customer support team was there to help answer any questions during our transition. It is easy to use and during month end, most of the team is in the system daily monitoring their task lists. Post close, we are performing and reviewing reconciliations daily, through the middle of the month. The features available contain everything that we would need from a reconciliation and task list perspective. The integration was handled at our parent company as their SAP data is what feeds into Cadency for reconciliation purposes. Review collected by and hosted on G2.com.

The reporting and reconciliation interfaces could be more user friendly. We're able to get what is needed, but it often takes a minute to figure out where everything lives and how to best navigate. Review collected by and hosted on G2.com.

Great for having all of your companies reconciliations and journal entries in one place for easy review and retrieval. Users have been able to quickly use the system with minimal training. Close Module has helped our different segments stay on track during month end close so nothing is missed. Has been easy to set up new users and get them working. Review collected by and hosted on G2.com.

Depending on what information you need for reporting, may have to combine elements from two different reports. Only allowed to select certain fields depending on the type of report your are running. Our company has recently purchased other companies who are on other ERPs which can make it difficult to pull information into Cadency. Review collected by and hosted on G2.com.