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What is IBM Cognos Controller?

IBM Cognos Controller significantly improves the financial closing, consolidation, and reporting procedures by utilizing the adaptability and affordability of a cloud-based solution. This platform enables finance departments to expedite and simplify the closing process with minimal reliance on IT support. Moreover, it assists finance professionals in generating precise financial results, developing valuable financial and management reports, and providing the chief financial officer (CFO) with a detailed view of critical financial ratios and indicators. By automating the closing processes, organizations can easily deliver reliable certified financial data. Users can effortlessly adjust and oversee changing rules and procedures without requiring any coding, scripting, or complex technical languages. In addition, it streamlines the automation of intercompany eliminations, allocations, currency conversions, and acquisition calculations, among other tasks. The system also provides tools for monitoring data flow during consolidation and assessing the performance of subsidiary reporting through integrated workflows and status reports, promoting transparency and efficiency across the board. This all-encompassing strategy ultimately fosters more informed decision-making and strengthens financial governance, allowing organizations to adapt swiftly to the dynamic financial landscape.

What is Trintech Cadency?

Cadency, created by Trintech, is a highly advanced software tool designed to streamline and automate the financial close procedures, particularly focusing on the entire record-to-report (R2R) process. This platform integrates crucial financial tasks such as account reconciliation, management of journal entries, and transaction matching to ensure accuracy and compliance with relevant regulations. By enhancing visibility and providing greater control throughout the financial close experience, Cadency allows users to swiftly access data, leverage improved automation features, and utilize extensive reporting options. Thanks to its user-friendly interface, the software helps organizations accelerate their month-end closing processes while reducing operational risks and ensuring adherence to regulatory requirements. This capability proves especially advantageous for large enterprises that deal with complex financial frameworks and require robust solutions to manage their operations effectively. Moreover, its flexible nature empowers companies to adjust their financial processes in line with growth, maintaining efficiency over the long term. With continuous updates and support, Cadency stands out as a reliable partner for organizations aiming for excellence in financial management.

Media

Media

Integrations Supported

QuickBooks Online
SAP Store

Integrations Supported

QuickBooks Online
SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/cognos-controller

Company Facts

Organization Name

Trintech

Date Founded

1987

Company Location

United States

Company Website

www.trintech.com/cadency/

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Categories and Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

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