Financial Consolidation, Close, Analytics & Reporting with Finalyzer
- 90% of organizations use manual processes for consolidation, statutory financial reporting & management reporting.
- The process is time-consuming, making the data less useful for timely analysis
- Manual processes are prone to errors, potentially exposing the organization to regulatory risks. Person dependence, causing risks during employee attrition or vacations
- The increased bandwidth due to automation can be utilized in useful analysis of data aiding decision making rather than in data collation and report preparation activities
- Track closure activities
- Define & manage tasks
- Consolidation process dashboard
- Wizard like navigation
- User & Role based access
- Alerts on data & process breaks
- Reconciliation reports preventing any discrepancies in reporting
- Audit trail of user activity, data uploads, modifications etc.
- Auditor reports for traceability of data linkages
- Interactive dashboards, KPIs, alerts, trends, Actual vs Budget & multi-period reporting
- Easy reporting & regrouping of data for different stakeholders
- Easy integration with source systems Incorporate operational data for holistic reporting
Why CFOs Should Focus on Automating Related Party Transactions?
Key Features of the Platform
Multi-GAAP Compliance
Multi-Level, Multi-Currency Consolidation
Inter-Company Elimination
Foreign Currency Translation Reserves (FCTR)
Automatic Casting
Minority Interests
Notes to Accounts
Powerful Excel Add-Ins
Journal Entries / Bookkeeping
Schedule Reporting
Print-Ready Financial Statements
Audit Packs
Financial Transformation: Simplify Consolidation, Close, and Reporting
Benefits of the platform
Productivity
60-80% increase in efficiency of the finance reporting team.
Unified Digital Platform
Single platform enabling multiple reporting needs and digital repository for current and historical financial reporting.
User Friendly
100% configurable helping users to set up / edit reports without any support of technology team members, lowering TCO compared to other products by 2x-5x.
Accuracy
Eliminates human error and delivers accurate reports with full audit trail and drill downs.
IMC and FinAlyzer's Partnership
A Member Firm of Andersen Global
- 175+ Countries
- 525+ Locations
- 17,500+ Professionals
- 2350+ Global Partners
- 175+ Countries
- 525+ Locations
- 17,500+ Professionals
- 2350+ Global Partners
- 175+ Countries
- 525+ Locations
- 17,500+ Professionals
- 2350+ Global Partners
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