With Cadency’s Certification software solution, you can control and automate the account reconciliation by:
- Driving efficiency through dynamic account analytics that facilitate a top-down, risk-based approach to account reconciliation
- Automating review of account reconciliations and certification for all balance sheet accounts
- Using simple templates to standardize and streamline balance sheet certification
- Gaining needed visibility to ensure compliance
- Enabling account reconciliation controls and reducing dependency on unmanaged Excel spreadsheets
- Illuminating underlying performance and movements in financial statements via analytical dashboards and powerful reporting capabilities
- Reducing operational costs and improving internal controls
Certification delivers a graphical dashboard, presenting management with key performance indicators on the reconciliation process. Risk exposure is highlighted through summarized measurements of reconciling items, P&L impact of these items, and the remaining exposure from unreconciled balances. With Certification, users on any level are never more than three clicks away from the deepest level of detail needed to effectively and efficiently complete the reconciliation and balance sheet certification process.
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