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.



******************************************************************

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

Blog ID : 266140

Category : Finance

Date Added : 10-6-2021

Tags : takes | accounts

Related Sites: All Latest Sweepstakes & Contests - Usual Mistakes of an Social Media Marketing specialist - Chris Sajnogs Blog - Learn and Live Like a Warrior - Executive Moving systems Takes The Stress Out of Moving -