{"id":38841,"date":"2025-02-04T20:29:34","date_gmt":"2025-02-04T20:29:34","guid":{"rendered":"https:\/\/www.trintech.com\/?post_type=case-study&#038;p=38841"},"modified":"2025-07-31T21:09:03","modified_gmt":"2025-07-31T21:09:03","slug":"danish-crown","status":"publish","type":"case-study","link":"https:\/\/www.trintech.com\/case-study\/danish-crown\/","title":{"rendered":"From Industry Leader to Finance Hero: Danish Crown&#8217;s Transformation Journey"},"content":{"rendered":"<div  class=\"resource-hero-block alignfull\" >\n\t<div class=\"maybe-wrapper\">\n        <div class=\"hero-top\">\n            <div class=\"hero-title\">\n                <h1>From Industry Leader to Finance Hero: Danish Crown&#8217;s Transformation Journey<\/h1>\n                <p class=\"type\">Case Study<\/p>\n                            <\/div>\n            <div class=\"hero-share\">\n                <h2>Share<\/h2>\n                <div class=\"socials\">\n  <a class=\"email\" href=\"mailto:?subject=From+Industry+Leader+to+Finance+Hero%3A+Danish+Crown%26%238217%3Bs+Transformation+Journey&#038;body=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fdanish-crown%2F\">\n    <span class=\"screen-reader-text\">Email<\/span><span class=\"icon icon-mail\"><\/span>\n  <\/a>\n  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fdanish-crown%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Twitter<\/span><span class=\"icon icon-x\"><\/span><\/a>\n  <a href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fdanish-crown%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Facebook<\/span><span class=\"icon icon-facebook\"><\/span><\/a>\n  <a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fwww.trintech.com%2Fcase-study%2Fdanish-crown%2F\" target=\"_blank\"><span class=\"screen-reader-text\">Linkedin<\/span><span class=\"icon icon-linkedin\"><\/span><\/a>\n<\/div>            <\/div>\n        <\/div>\n\n        \n\t<\/div>\n<\/div>\n\n\n\n<p class=\"has-text-align-center\">Danish Crown, a global leader in food processing, recognized the urgency to modernize their financial operations to keep up with the changing world and business environment. Facing an increasingly complex regulatory landscape and a competitive market, they encountered several critical issues:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Manual Processes:<\/strong> Month-end close tasks relied heavily on manual workflows, consuming significant time and resources.<\/li>\n\n\n\n<li><strong>Compliance Risks:<\/strong> Limited transparency and inconsistent documentation increased the potential for errors and regulatory scrutiny.<\/li>\n\n\n\n<li><strong>Lack of Visibility:<\/strong> Teams struggled to access critical financial data quickly, delaying decision-making. <\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-center\">They aimed to implement user-friendly processes and technology with clear roles and responsibilities, highly automated systems to free up time for value-adding activities, and better control over their GBS operations.<\/p>\n\n\n\n<div      class=\"billboard-block alignfull is-style-image-first billboard-block-- includes-test\">\n     <div class=\"billboard-block__image\">\n          <img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2024\/05\/pexels-edmond-dantes-4340139-scaled.jpg\" alt=\"Two finance professionals having a strategic discussion over coffee, using a laptop to explore AI readiness and digital solutions for enhancing Office of Finance operations.\">\n\n                    <figure class=\"billboard-block__testimonial\">\n               <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"63\" height=\"48\" viewBox=\"0 0 63 48\" fill=\"none\">\n                    <path d=\"M24.9149 0L27.6106 9.92569C23.9137 11.2181 20.9613 12.9758 18.7534 15.1987C16.5455 17.37 15.2362 20.2908 14.8255 23.9612L13.5161 22.8756C17.4184 22.8756 20.5762 24.0905 22.9894 26.5202C25.454 28.9499 26.6863 31.9225 26.6863 35.4378C26.6863 39.2116 25.454 42.2617 22.9894 44.588C20.5762 46.8627 17.4184 48 13.5161 48C9.61387 48 6.45611 46.63 4.04286 43.8901C1.68095 41.1502 0.5 37.0921 0.5 31.7157C0.5 25.4604 1.68095 20.1357 4.04286 15.7415C6.45611 11.2956 9.51118 7.78029 13.2081 5.19548C16.9563 2.55897 20.8586 0.827141 24.9149 0ZM59.8043 0L62.5 9.92569C58.8031 11.2181 55.8507 12.9758 53.6429 15.1987C51.435 17.37 50.1257 20.2908 49.7149 23.9612L48.4056 22.8756C52.3079 22.8756 55.4656 24.0905 57.8789 26.5202C60.3435 28.9499 61.5758 31.9225 61.5758 35.4378C61.5758 39.2116 60.3435 42.2617 57.8789 44.588C55.4656 46.8627 52.3079 48 48.4056 48C44.5033 48 41.3456 46.63 38.9323 43.8901C36.5704 41.1502 35.3894 37.0921 35.3894 31.7157C35.3894 25.4604 36.5704 20.1357 38.9323 15.7415C41.3456 11.2956 44.4006 7.78029 48.0975 5.19548C51.8458 2.55897 55.748 0.827141 59.8043 0Z\"\n                         fill=\"#C4E538\" \/>\n               <\/svg>\n\n               <blockquote>\n                    <p>With Cadency, we&#8217;ve achieved unprecedented efficiency and transparency in our financial processes. It&#8217;s not just a tool; it&#8217;s a transformation enabler.&#8221;<\/p>\n               <\/blockquote>\n\n               <figcaption>\n                                        <span class=\"author\">Agnieszka Siola-Mazur<\/span>\n                    \n                                        <span class=\"role\">Senior Finance Business Process Manager Center of Excellence<\/span>\n                                   <\/figcaption>\n\n          <\/figure>\n               <\/div>\n\n     <div class=\"billboard-block__content\">\n          <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading has-text-align-left\">The Solution<\/h2>\n\n\n\n<p>Determined to address these challenges, Danish Crown partnered with Trintech to implement its Cadency Platform\u2014a unified solution designed to optimize financial operations and ensure compliance.<\/p>\n\n\n\n<p>The solution focused on three core objectives: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Automation:<\/strong> Streamline month-end close processes to reduce manual effort<\/li>\n\n\n\n<li><strong>Centralization:<\/strong> Create a single source of truth for financial documentation<\/li>\n\n\n\n<li><strong>Scalability:<\/strong> Support global operations across multiple business units and countries<\/li>\n<\/ul>\n\n<\/div>\n     <\/div>\n<\/div>\n\n<div  class=\"column-text-grid-block \">\n\n     <div class=\"column-text-grid-wrapper\">\n                    <h2 class=\"heading\">The Journey<\/h2>\n                              <p class=\"sub-heading\">Danish Crown&#8217;s transformation journey began in 2018 and unfolded in three key phases:<\/p>\n                    \n          <div class=\"column-text-item  no-hover\">\n                              <div class=\"icon\" style=\"background-color: #0652dd\"><img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2023\/01\/Automated-Reconciliation-Icon.svg\"\n                         alt=\"\"><\/div>\n                              <div>\n\n                    <h3>Initial Deployment<\/h3>\n                    <p>\n                         <p>Piloted Cadency across five countries and two business units, addressing critical pain points in reconciliation and close processes.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div class=\"icon\" style=\"background-color: #9980fa\"><img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2023\/01\/JE-CurrencyValidation.svg\"\n                         alt=\"\"><\/div>\n                              <div>\n\n                    <h3>Expansion &#038; Adoption (2019-2023)<\/h3>\n                    <p>\n                         <p>Gradually expanded usage to include eight countries, seven business units, and 26 company codes.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div class=\"icon\" style=\"background-color: #7dba00\"><img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2023\/01\/Enforce-Compliance-Icon-1.png\"\n                         alt=\"\"><\/div>\n                              <div>\n\n                    <h3>Ongoing Optimization<\/h3>\n                    <p>\n                         <p>Continued upgrades, user onboarding, and integration of advanced features like Cadency Certification, Cadency Journal Entry, and Cadency Close Task Management. By 2024, the Cadency Platform supports 260 active users, managing 2,100 reconciliations, 2,500 close tasks, and 3,300 journal postings.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n               <\/div>\n<\/div>\n\n\n<div      class=\"billboard-block alignfull is-style-image-second billboard-block-- \">\n     <div class=\"billboard-block__image\">\n          <img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2022\/08\/girl-drinking-coffee-takeaway-standing-in-front-mo-2024-11-05-05-54-13-utc-scaled.jpg\" alt=\"\">\n\n               <\/div>\n\n     <div class=\"billboard-block__content\">\n          <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading\">Key Outcomes<\/h2>\n\n\n\n<p>The implementation of Cadency delivered measurable, transformative results:<\/p>\n\n\n\n<div class=\"billboard-accordion-block\">\n  <div class=\"billboard-accordion-block__tabs\">\n          <button class=\"button active\" data-id=\"0\">Compliance Excellence<\/button>\n          <button class=\"button \" data-id=\"1\">Efficiency Gains<\/button>\n          <button class=\"button \" data-id=\"2\">Enhanced Visibility<\/button>\n      <\/div>\n  <div class=\"billboard-accordion-block__contents\">\n          <div class=\"billboard-accordion-block__content active \" data-id=\"0\">\n        <h3>Compliance Excellence<\/h3>\n        <p>Cadency became the primary source for audits, ensuring real-time access to audit-ready documentation. Over 99% of journals required no rework, minimizing errors and reducing risk.<\/p>\n      <\/div>\n          <div class=\"billboard-accordion-block__content  \" data-id=\"1\">\n        <h3>Efficiency Gains<\/h3>\n        <p>Automated 25% of balance sheet reconciliations, saving time for value-adding activities. Standardization processes across eight countries, improving collaboration and consistency.<\/p>\n      <\/div>\n          <div class=\"billboard-accordion-block__content  \" data-id=\"2\">\n        <h3>Enhanced Visibility<\/h3>\n        <p>Real-time tracking of month-end activities provided clear oversight for all stakeholders.<\/p>\n      <\/div>\n      <\/div>\n<\/div>\n<\/div>\n     <\/div>\n<\/div>\n\n<div  class=\"column-text-grid-block \">\n\n     <div class=\"column-text-grid-wrapper\">\n                    <h2 class=\"heading\">Lessons Learned<\/h2>\n                              <p class=\"sub-heading\">Danish Crown identified six key factors for their successful transformation:<\/p>\n                    \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>Preparation<\/h3>\n                    <p>\n                         <p>Addressing duplicate efforts and cleaning master data before automation.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>Tailored Implemenation<\/h3>\n                    <p>\n                         <p>Adjusting scope to meet unique business needs.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>User-Centric Design<\/h3>\n                    <p>\n                         <p>Prioritizing user feedback and satisfaction.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>Cultural Alignment<\/h3>\n                    <p>\n                         <p>Building a foundation of trust and accountability.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>Clear Communication<\/h3>\n                    <p>\n                         <p>Explaining the &#8220;why&#8221; behind the changes to drive adoption.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n          <div class=\"column-text-item  no-hover\">\n                              <div>\n\n                    <h3>Continuous Collaboration<\/h3>\n                    <p>\n                         <p>Maintaining open lines of communication with Trintech.<\/p>\n<\/p>\n\n                                   <\/div>\n          <\/div>\n          \n               <\/div>\n<\/div>\n\n\n<div      class=\"billboard-block alignfull is-style-image-first billboard-block-- \">\n     <div class=\"billboard-block__image\">\n          <img decoding=\"async\" src=\"https:\/\/www.trintech.com\/wp-content\/uploads\/2022\/10\/multitasking-computer-phone-coffee.jpg\" alt=\"\">\n\n               <\/div>\n\n     <div class=\"billboard-block__content\">\n          <div class=\"acf-innerblocks-container\">\n\n<h2 class=\"wp-block-heading\">The Partnership<\/h2>\n\n\n\n<p>Danish Crown credits their success to a strong, collaborative relationship with Trintech, built on:<\/p>\n\n\n\n<div class=\"billboard-accordion-block\">\n  <div class=\"billboard-accordion-block__tabs\">\n          <button class=\"button active\" data-id=\"0\">Conferences<\/button>\n          <button class=\"button \" data-id=\"1\">Dedicated Workshops<\/button>\n          <button class=\"button \" data-id=\"2\">Governance Model<\/button>\n      <\/div>\n  <div class=\"billboard-accordion-block__contents\">\n          <div class=\"billboard-accordion-block__content active \" data-id=\"0\">\n        <h3>Conferences<\/h3>\n        <p>Active participation in user conferences to stay updated on innovations.<\/p>\n      <\/div>\n          <div class=\"billboard-accordion-block__content  \" data-id=\"1\">\n        <h3>Dedicated Workshops<\/h3>\n        <p>Customized sessions to address specific challenges and plan future enhancements.<\/p>\n      <\/div>\n          <div class=\"billboard-accordion-block__content  \" data-id=\"2\">\n        <h3>Governance Model<\/h3>\n        <p>Regular updates, quarterly reviews, and proactive issue monitoring ensured alignment and progress.<\/p>\n      <\/div>\n      <\/div>\n<\/div>\n<\/div>\n     <\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Future Goals<\/h2>\n\n\n\n<p class=\"has-text-align-center\">Looking ahead, Danish Crown remains committed to leveraging the latest advancements in Cadency to stay at the forefront of financial innovation. By staying on the most up-to-date version, they ensure access to cutting-edge features and continuous improvements. As part of their broader finance transformation journey, they are preparing to transition to SAP\u00ae S\/4HANA, focusing on seamless integration with external systems like Cadency to enable best-in-class workflows.<\/p>\n\n\n\n<p class=\"has-text-align-center\">Collaboration and knowledge sharing remain central to Danish Crown\u2019s strategy. Through active participation in user groups and maintaining a strong partnership with Trintech, they ensure their insights shape meaningful product enhancements. This proactive approach keeps their teams aligned with best practices and poised to adapt to emerging industry trends.<\/p>\n\n\n<div  class=\"background-container-block alignfull has-blue-background-color\" >\n     <div class=\"maybe-wrapper\">\n          <div class=\"inner-container no-background\">\n               <div class=\"acf-innerblocks-container\">\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:47.5%\">\n<h2 class=\"wp-block-heading\">Read the Full Case Study<\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/go.trintech.com\/rs\/187-JVG-370\/images\/WC-DNK-TT-CS-Danish-Crown.pdf?\">Download Case Study<\/a><\/div>\n<\/div>\n\n\n\n<p>Discover key insights and actionable strategies by downloading our full case study.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:8%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:47.5%\">\n<h2 class=\"wp-block-heading\">See Trintech in Action<\/h2>\n\n\n\n<p>Seeing is believing. Discover why Trintech is the real leader in financial close automation.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.trintech.com\/book-a-demo\/\">Book a Demo <\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<\/div>\n          <\/div>\n     <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Danish Crown, a global leader in food processing, recognized the urgency to modernize their financial operations to keep up with the changing world and business environment. Facing an increasingly complex regulatory landscape and a competitive market, they encountered several critical issues: They aimed to implement user-friendly processes and technology with clear roles and responsibilities, highly automated systems to free up time for value-adding activities, and better control over their GBS operations. Future Goals Looking ahead, Danish Crown remains committed to leveraging the latest advancements in Cadency to stay at the forefront of financial innovation. By staying on the most up-to-date version, they ensure access to cutting-edge features and continuous improvements. &hellip;<\/p>\n","protected":false},"featured_media":38842,"template":"","topic":[69,66,64,71,67,65,68],"product":[79,229,230,228],"class_list":["post-38841","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","topic-account-reconciliation","topic-controls-compliance","topic-financial-close","topic-improve-visibility","topic-increase-efficiency-effectiveness","topic-journal-entry","topic-transaction-matching","product-cadency","product-close","product-journal-entry","product-reconciliation-certify"],"acf":[],"lang":"en","translations":{"en":38841},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/38841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study"}],"about":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/types\/case-study"}],"version-history":[{"count":0,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/case-study\/38841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media\/38842"}],"wp:attachment":[{"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/media?parent=38841"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/topic?post=38841"},{"taxonomy":"product","embeddable":true,"href":"https:\/\/www.trintech.com\/wp-json\/wp\/v2\/product?post=38841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}