Article

Financial Consolidation, Analysis & Reporting Software

Written by Beyondsquare Finalyzer

Topic: Business Accounting Software and QuickBooksPublished November 15, 2019
No ratings yet595 viewsSign in to rate
Beyond Square’s flagship product, FinAlyzer acts as a catalyst for CFO reporting in multi-entity organizations, covering integrated group reporting, legal and management consolidation & segment wise profitability reporting. FinAlyzer effortlessly converts financial data to actionable insights with decision analytics, KPIs, insights, predictive forecasting and benchmarks. FinAlyzer - Financial consolidation, analysis and reporting • Simplify Financial Analysis through dashboards & management reportsrn• Aid Decision Making through cash, revenue & profit forecastsrn• Measure Financial Health & Provide Timely Alertsrn• Give exposure to key information like revenue, expenses, profit, cash reserves, sales, trends & projectionsrn• Automatically Generate Bank & Regulatory ReportsrnUnderstanding the problemrn• 90% of organizations use manual processes for financial consolidation, business critical MIS, financial performance dashboards & statutory financial reportingrn• It takes considerable time after monthly book close to prepare management reports making the data less useful for actionable insights & decision makingrn• The process is manual, and thereby prone to errors and is time-consumingrn• Implementing traditional EPM solutions is time consuming and expensivern• Key Advantagesrn• Implementing FinAlyzer takes half the time and a fraction of the cost compared to traditional EPM solutionsrn• A unified platform to automate all aspects of management & statutory financial consolidation & reportingrn• FinAlyzer helps reduce consolidation cycle by over 75%. Spend more time on analysis and less time on data preparationrn• Scheduled interface helps in straight through processing, reporting & keeping the data currentrn• Complex multi-level hierarchies in different currencies and alternate reporting hierarchies can be easily consolidated with a single clickrn• Eliminate compliance risks and huge compliance costs, through fast and accurate reportingrn• Automate inter-company eliminations and time-consuming inter-company reconciliationsrn• Rich profitability & cost analysis by various business segments and flexible cost allocation for better alignment of resource & cost driversrnBeyond Square Solutions is an IT products and services company founded to bring about innovative FinTech products and solutions for the finance & accounting office. Beyond Square’s flagship product, FinAlyzer acts as a catalyst for CFO reporting in multi-entity organizations, covering integrated group reporting, legal & management consolidation & segment wise profitability reporting. FinAlyzer effortlessly converts financial data to actionable insights with decision analytics, KPIs, insights, predictive forecasting and benchmarks. • Our Objective : Bringing Innovation and Efficiency to the F&A Office • Our Mission : Develop high performance, innovative & cost-effective solutions for the F&A office to free skilled bandwidth for pursuing strategic business goalsrnThe FinAlyzer OfferingsrnOut-of-the-box:rn1.Financial & Operational Performance monitoring dashboards for tracking of KPIsrn2.Get notified on hits & misses through alerts & easy to understand commentaryrn3.Decision support through intuitive forecastsrn4.Segment wise slicing & dicing of revenue/P&Lrn5.Canned & customized MIS

Article author

About the Author

https://www.finalyzer.beyondsquare.com/
Beyondsquare Finalyzer is a fast, cost-effective & easy to use tool that effortlessly consolidates & converts financial data to actionable insights.

Further reading

Further Reading

3 total