Breaking the Excel Barrier: How Severn Trent Standardized Its Financial Close Process with Trintech

Since implementing Cadency, Severn Trent has been able to significantly streamline their reconciliations and journal entries as well as solve their role-based access challenges. “Our team now has access to exactly what they need to perform their roles—no more, no less,” mentioned Jason. “Cadency Certification has allowed us to group our reconciliations, which has actually reduced the total number of reconciliations significantly. The solution also prevents errors before they happen, which has instantly improved the quality of our reconciliations.”

Financial Performance Analyst at Severn Trent and daily user of Cadency Certification, added, “Cadency Certification has helped with the standardization of my reconciliations, allowing me to perform them faster and for them to be in a consistent and clear format.” When it came to journal entries, the integration with Severn Trent’s ERP, SAP, made all the difference. “We no longer have to work through our ERP, so the user experience is streamlined, and now it’s very simple to enter a journal entry from one company to another. Data auto populates and approvals are integrated within the solution, so everything is really organized. I can even see status updates from the dashboard so there aren’t any surprises. The solution offers a complete view of our journal entries.

Download Now