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Ratings and Reviews 0 Ratings
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flowditflowdit significantly boosts efficiency by automating routine responsibilities and minimizing errors, thereby fostering a connected atmosphere that improves employee productivity. It plays a vital role in adhering to regulatory requirements while simplifying audits and inspections, ultimately contributing to increased profitability for leading companies in various sectors. As a tailored solution designed for connected workers, flowdit shines in fields such as commissioning, quality control, maintenance, and environmental health and safety management. It facilitates seamless communication and teamwork across departments, allowing for ongoing process supervision that helps to detect and alleviate risks proactively. Additionally, the platform leverages AI-powered insights to preserve the integrity of documentation and enforce standard operating procedures, keeping operations smooth and minimizing mistakes. In the context of digital transformation, flowdit supports the digitization of inspection and auditing tasks, maintenance timelines, safety protocols, and environmental assessments, effortlessly integrating with IoT and ERP technologies. This integration not only bolsters operational safety but also ensures effective oversight of numerous sites, making it an invaluable asset for organizations aiming to thrive in a technologically advanced landscape. Furthermore, flowdit's capabilities empower teams to focus on strategic initiatives, ultimately driving innovation and growth.
What is RecWise?
To begin a reconciliation process, one should first compare the closing balance of the General Ledger with the sub-ledger and other relevant documents, including bank statements or records from third parties. Any inconsistencies found between these sources must be carefully examined, quantified, and rectified when possible through appropriate adjustments in either the general ledger or sub-ledger. It is also crucial to record any discrepancies as reconciling items to ensure transparency in the process. Ultimately, the balances should correspond precisely and be backed by all relevant documentation associated with the reconciliation effort. The review phase is vital for validating the thoroughness of the reconciliation, and adding an extra layer of approval can further bolster confidence in its correctness. Additionally, creating a solid framework alongside a standardized procedure can greatly enhance the efficiency and streamlining of the reconciliation process at the end of each month. This practice not only promotes uniformity but also helps in early detection of potential issues within the cycle. By implementing such measures, organizations can ensure a more reliable financial reporting process moving forward.
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.
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
RecWise
Date Founded
2017
Company Location
Australia
Company Website
www.recwise.com
Company Facts
Organization Name
Trintech
Date Founded
1987
Company Location
United States
Company Website
www.trintech.com/cadency/
Categories and Features
Audit
Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management
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