CadencyDirect is the only native application of the ServiceNow platform for financial settlement, which extends the digital workflow of the CFO office-Almomento

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Trintech’s CadencyDirect continues to create value for ServiceNow customers by providing key business stakeholders with comprehensive visibility into key financial data

Trintech, the world’s leading provider of integrated Record to Report software solutions for financial offices, announced today that the latest version of CadencyDirect is now certified under the ServiceNow Built on Now ™ program, which complements and expands operations management. As a result, CFOs and their teams can digitize the workflow throughout the record-to-report (R2R) shutdown process—helping reduce complexity and risk, speed up the entire process, and bring a better experience to the entire company. CadencyDirect meets the high standards of the ServiceNow Built on Now program, an application monetization framework designed to recognize partners with proven ServiceNow expertise and create value for ServiceNow customers in all industries.

Teresa Mackintosh, CEO of Trintech, said: “Accounting is the language of business. This information is vital not only to the finance office, but also to the entire company. With the latest version of CadencyDirect, the entire company’s key stakeholders can now be Understand key financial data and its relationship with the entire organization within the Now platform. “

CJ Desai, Director of Product and Engineering at ServiceNow, said: “In the past year, we have seen companies reassess digital transformation opportunities, especially how to manage key financial processes. “CadencyDirect builds workflows between historically isolated disciplines. Link and automate the financial settlement process while clarifying key data through the R2R dashboard view in the Now platform. This increased visibility of key financial data creates an interconnected organization and opens the door to enterprise-wide transformation, which is why we are cooperating with Trintech to promote the workflow in the office of the chief financial officer. “

CadencyDirect is built on Trintech’s industry-leading Cadency® solution, which integrates all financial settlement activities into a single, seamless process, including operational reconciliation, inter-company transaction management, balance sheet reconciliation, seats Management, settlement task management and compliance. It provides an interconnected and collaborative ecosystem by leveraging a set of mature and very powerful financial controls, as well as deep automation and integration functions seamlessly connected to leading ERPs such as SAP®, Oracle® and NetSuite®.

Rarely does a process happen entirely within the jurisdiction of a team. In terms of CFO workflow, CadencyDirect enables users to use the workflow in the Now platform based on period-end triggers and events, thereby strengthening the financial control of the entire enterprise. For example, when an account is certified in CadencyDirect, the FP&A team will trigger a task in the ServiceNow platform to expedite the review of the certification balance in order to analyze the difference in a specific period or predict the impact in the future.

ServiceNow’s Built on Now program enables partners to create, test, certify, distribute, and sell applications for the Now® platform. Now-based designated solutions provide Now Platform-certified digital workflows on a large scale through ServiceNow stores, OEM and service provider (SP) channels.

Whether you are an experienced ServiceNow user who wants to synchronize ongoing or mature digital transformation, or just starting your transformation journey, CadencyDirect is a place where financial transformation and digital transformation are combined. For more information, please contact your ServiceNow or Trintech representative or visit www.trintech.com/CadencyDirect for more information.

About Chuangtai
Trintech Inc. is a pioneer in enterprise financial performance management (FCPM) software, combining unparalleled financial and technical expertise to create innovative, cloud-based software solutions that provide world-class financial insights and operations. From coordinating a large number of transactions and simplifying daily operations reconciliation, to automating and managing balance sheet reconciliation, intercompany accounting, journal entries, disclosure reports and bank expense analysis, through governance, risk and compliance, Trintech’s portfolio of financial solutions , Including Cadency® Platform, Adra® Suite and dedicated ReconNET™, T-Recs® and UPCS® tools to help manage all aspects of process financial settlement. More than 3,500 customers worldwide (including most Fortune 100 companies) rely on the company’s cloud-based software to continuously improve the efficiency, reliability, and strategic insight of their financial operations.

Trintech is headquartered in Dallas, Texas, with offices in the United States, the United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordic countries, and strategic partners in South Africa, Latin America and the Asia-Pacific region. To learn more about Trintech, please visit www.trintech.com or connect with them on LinkedIn, Facebook and Twitter.

ServiceNow, the ServiceNow logo, Now, Now Platform and other ServiceNow logos are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

Source: Trintech, Inc.

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