Implementing FinAlyzer takes half the time and a fraction of the cost compared to traditional EPM solutions
A unified platform to automate all aspects of management & statutory financial consolidation & reporting
FinAlyzer helps reduce consolidation cycle by over 75%. Spend more time on analysis and less time on data preparation
Scheduled interface helps in straight through processing, reporting & keeping the data current
Complex multi-level hierarchies in different currencies and alternate reporting hierachies can be easily consolidated with a single click
Eliminate compliance risks and huge compliance costs, through fast and accurate reporting
Automate inter-company eliminations and time-consuming inter-company reconciliations
Give the power of profitability tracking directly in the hands of your P&L owners
Consolidation view tells you where you are in the close process at all times of the workflow. Get a bird’s eye view of activities that are completed, and those that are yet to be done. Seamlessly complete your consolidation with a single click.
Support any number of alternate reporting hierarchies (taxonomies) to take care of various reporting statutory & management reporting requirements. FinAlyzer provides out-of-box support for INDAS, INGAAP, IFRS, USGAAP, Management reports & dashboards making the entire implementation roll-out fast and easy.
Map all your entities to a single chart of accounts for standardized reporting across the organization irrespective of underlying ERP used.
Post Journal entries and reclassifications, Automatic inter-company eliminations, inter-company transaction reconciliation, automatic minority interest & goodwill calculation, multi-level consolidation, handling of subsidiaries, JVs, associates etc, handle multiple financial periods, creation of unlimited scenarios ? (actual, budget, forecast, movement etc.)
Consolidate, translate & report foreign currency in accordance with latest standards with complete audit trail. Ability to over-write exchange rate with historical rate.
Use standard reporting templates or create your own. Reports provide slicing & dicing through dimensions & click-through drill-downs. View as web reports, export to excel or export to PDF. Drill down up to general ledger account level of each entity - from management reports & financial reports.
Directly from trial balance in multiple required formats. Reports can be configured exactly as per auditor provided financial report formats including schedules & non-financial information using sophisticated excel add-ins that dynamically synchronize with FinAlyzer server data
Performance dashboards: Easily analyse coporate performance using key performance indicators, trends, drill-downs & variances. Get alerted on misses and take timely action. Profitability & Performance management: Configure sophisticated financial models for supporting multiple allocation methods for costs & revenue for segmentwise profitiability reporting.
Strong controls and audit trails ensure that authorized users access required information. Audit logs & reports provide the required transparency. Corporate lock once numbers are finalized- to prevent any changes further changes at lower level.
Connect with any ERP for seamless processing of source data. Use scheduled jobs for automatic data refresh or trigger data uploads on-demand. Ability to load non-financial data as well, both for financial reporting and to generate derived KPIs for management reporting.