Why CFOs Need Record to Report Agility to Be Ready for the Future

Agility is a strategic imperative for CFOs navigating constant change. Through M&A activities, global expansion, and evolving compliance mandates the ability to adapt financial operations quickly across Record-to-Report (R2R) is essential. Speed and accuracy are critical, but agility enables finance teams to predict and pivot their activities to broader business initiatives that drive high-value strategic outcomes without compromising control or compliance.

In the R2R space, value conversations have traditionally been around the quantitative metrics associated with reducing manual effort and accelerating close cycles. These are table-stakes today. Agility, the ability to respond to change, has become an even more vital priority. CFOs are under continued pressure to deliver insights at speed, support decisions being made in real-time, and deliver transparency across business systems in increasingly complex global operations. Agility can give finance teams an edge that the ability to:

• Scale process at the speed of business change during M&A or divestitures, growth initiatives, or market expansion.
• Adapt financial control frameworks to increasingly complex regulatory environments and establish a foundation for regulatory changes in the future.
• Integrate entities without disrupting close processes and timelines.
• Increase visibility across the business with analytics dashboards that support real-time executive decision-making.

Trintech’s SAP-certified Cadency platform integration through SAP BTP automates and governs the entire financial close process. It embeds R2R financial close automation, controls and analytics directly into SAP environments, giving finance teams the ability to better manage the entire R2R financial lifecycle. Embedded within their existing SAP infrastructure, finance teams can better control the close process with unified data and automated workflows. Key capabilities include:

• Real-time data synchronization between SAP S/4HANA and Cadency.
• Direct journal entry posting to reduce manual effort and risk.
• Automated workflows for reconciliations, certification, and journal entries.
• Automated matching and variance analysis using SAP financial data.
• Audit-ready compliance tracking and documentation within SAP transactions.
• AI-powered risk detection and anomaly identification.

Finance teams can eliminate data silos, manual handoffs and operate with greater transparency, consistency, and agility across global entities.

AI Boosts Agility

Real power comes with the ability to detect anomalies and predict. Cadency’s AI capabilities enable finance teams to drive strategic decisions and actions more often and efficiently. R2R powered by AI helps CFOs:

• Detect high-risk transactions and anomalies before they impact reporting.
• Forecast bottlenecks in the close cycle and proactively optimize resources.
• Continuously refine controls using machine learning to evaluate historical patterns.
• Flag high-risk transactions before they escalate.
• Improve decision-making with real-time dashboards and analytics.

CFOs can establish a scalable, future-ready R2R process combining SAP with Cadency’s intelligent finance automation. This builds resilience and strategic responsiveness finance teams need to quickly adapt to rapidly changing business environments. Agility is becoming a defining capability in financial operations. To lead through uncertainty, CFOs must ensure their teams have integrated platforms like SAP and Trintech that provide the automation, intelligence, and integration that make agility sustainable.

What this Means for SAPinsiders

• Embedding automation and governance into the R2R process, financial agility can become a reality. Finance teams can quickly scale operations, onboard new entities, and adapt controls quickly without compromising compliance or accuracy.
• Trintech’s Cadency SAP-certified integration with SAP ERP and S/4HANA ensures seamless data flow, automated journal entries, and embed compliance controls.
• The Cadency AI-powered financial close platform enables teams to work natively within SAP data to proactively manage the close process and respond to change. Using anomaly detection, predictive analytics, and forecasting visibility to teams can build the resiliency and agility needed to navigate exponentially growing change.