A truly global financial management system that allows you run global accounting scenarios including working according to multiple GAAPs within a single system.
Also do multi-currency transactions, produce multi-lingual documents and much more.
GLOBAL FINANCIAL MANAGEMENT
More of what matters to the CFOs
All that you are missing in your current ERP
Key benefits for your Financial Team
Multi-Level Organization Structure
Single accounting software for all your entities within a single installation – accessible to all. Multi-level and global organization structures operating on multiple currencies can be easily defined so that there is just a single source of truth.
Single Chart of Accounts
Setup a single chart of accounts for all your entities with entity-specific ledgers or country-specific ledgers. Reporting to the head office was never easier. Accounting practices can be assimilated across entities, no matter what the operative business is.
Flexible Reporting Hierarchy
Group your legal or non-legal entities inflexible reporting hierarchies. Alternative reporting hierarchies can be defined to build P/L based on Divisions, Products, Regions, or any other Accounting Dimension.
IFRS and Local GAAP
It comes with a fully loaded IFRS Chart of Accounts meant to work in multi-entity scenarios. In addition to this, each entity can run on multiple Accounting Books, including the local GAAP.
Group Consolidation
A real group consolidation engine allows you to consolidate your numbers even at a global level, across different GAAPs. Considering the accounting of multiple countries, currencies.
Financial Management
Financial Management is certified to the IDW PS 880 and RS FAIT 1 standards by TÜV Süd, Germany, and is compliant with the international auditing and compliance standards.
Global Financial Management
Setting Goals was never easier
Plan your periods with a few clicks. Whether planning with the help of key figures (formula planning) or based on historical numbers and expected growth rates, Financial Management module equips you with the right tools for your planning process.
Define and track the figures that are important to your business on your role-based dashboards. Set KPI for each role and user and have them presented right at the workspace.
Search for the “Why” much easier
Digging into your data from the highest level to find the reason for changes is much easier with the Financial Management module. Our BI capabilities support your quest to find the “why” and explain the reason in a descriptive way. It lets you compare periods, regions, divisions or any other accounting dimensions.
Accelerate and enable operational accounting with simple tools
Reduce time to run your accounting operations by using powerful accounting tools helping you to run your daily business smoother.
Accounts Payables and Receivables Cockpit
The AR/AP Cockpit provides you with all information that you need and facilitates you with the actions that you need to perform at a single interface. It automates generating payments towards suppliers and takes action on receivables to get paid much quicker.
Bank Reconciliation Cockpit
An intelligent reconciliation logic for automatic match of expected transactions with the actual transactions fetched automatically from your banking interface. This tool simply saves you a lot of time.
Auto-Allocation and Distribution Tools
Set rules for automatic allocation of AR/AP transactions to Payments and its distribution to Accounting Dimensions such as Organizations, Cost Centers, Projects, and many more.
