Speed Up Your Financial Close

Manually coordinate financial close activities

• Know where you are in the close process at all times
• Get a visual snapshot of who and what work is completed, and what work is yet to be done
• Collaborate across the business to gather data, validate information, and speed approvals

Get faster, more accurate consolidation and financial close processes

Struggle with spreadsheets to accommodate complex structures

• Use a single chart of accounts to manage complex corporate structures
• Post journal entries and process account reclassifications with built-in financial logic
• Automate close activities from multiple ERP systems
• Map entities to a single chart of accounts for consistent global reporting

Simple processes for even the most complex structures

Stress over security, compliance, and audit concerns

• Use strong internal controls and security to ensure access from only authorized users
• Capture searchable audit logs and reports
• Easily conform to the latest global accounting standards
• Use built-in and configurable layouts to easily create common and required reports
• Publish reports in EDGAR-compliant HTML and XBRL formats for regulatory reporting

Peace of mind knowing risk is limited and data is secure

Spend days building internal, external, and regulatory reports

• Use standard reporting templates or create your own with Dynamic Reports
• Publish and distribute professionally formatted reports and presentations
• Automate report production and distribution
• Publish the most current data into PowerPoint or Word with a click of a button – no cutting or pasting required

Quickly design professional reports and automate report creation and distribution

Waste valuable resources gathering and consolidating data

• Use journal entries and reclassifications without complex coding or expensive consultants
• Consolidate, translate, and report foreign currency in accordance with the latest standards
• Get accurate, up to the minute foreign currency rate data feeds for automatic currency conversions
• Automatically load current summary balance or transaction-level data directly from any general ledger, ERP, or other business system

Free up time and increase confidence in consolidation and resulting reports