Enterprise Performance Management

Posted by Finalyzer Beyond Square on April 13th, 2021

FinAlyzer is a unified platform for automation of all aspects of management& statutory financial consolidation & reporting.

Implementing FinAlyzer takes less than half the time and a fraction of the cost compared to traditional EPM solutions.

FinAlyzer helps reduce consolidation cycle by over 75%, thereby enabling you to focus more time on analysis, strategy and decision making.

·     Multi-GAAP (IFRS, US-GAAP, IndAS, local GAAP)

IFRS, US-GAAP, In-GAAP, IndAS & other local statutory reporting through simple configuration. Map GL accounts to a common reporting chart of accounts for standardized reporting across the organization irrespective of underlying ERP/accounting systems.

·     Multi-Level, Multi Currency Consolidation

Complex multi-level hierarchies in different currencies and alternate reporting hierachies can be easily consolidated with a single click. Consolidate, translate & report foreign currency in accordance with latest standards, and with complete audit trail.

·     Inter Company Elimination

Automate inter-company eliminations and time-consuming inter-company reconciliations. A special type of triangulation rate called 'transaction rate' can also be used to make it easier to reconcile inter-company transactions across different currencies.

·     FCTR

Seamless handling of different currencies across entities & generation of Foreign Currency Translation Reserves (FCTR) using Average, End of Period or Historic rates.

·     Automatic Casting

Automatic casting feature eliminates pains of manually fixing rounding off errors, each time there are adjustments / changes to financial numbers.