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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.



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URL : https://www.finalyzer.ai/

Blog ID : 266140

Category : Finance

Date Added : 10-6-2021

Tags : takes | accounts