Pre-built best practices

Start quickly Get up and running fast with built-in best practice functionality, including dynamic calculations. Meet your needs without customization Reduce your need for customization, because cash flow, balance sheet, income statement, rollovers, calls to action, and more are automatically calculated. Readily meet global reporting requirements Decrease the time it takes to meet global reporting requirements, including International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) with a preconfigured consolidation model.

Global, advanced consolidation and close

Perform complex consolidations Increase the accuracy and speed of the close process by reclassifying, adjusting, and eliminating data for any hierarchy with pre-built consolidation support. Work easily with the most complex legal and management rollups that may have unique calculations and reporting requirements. Manage KPIs Manage the close by automatically tracking key metrics across the organization. You can use out-of-the-box calculations or easily create ones for business-specific requirements. Automate intercompany eliminations Reduce manual work by using automatic, standard intercompany eliminations. There are additional capabilities to customize if needed. Translate currencies Increase consolidation accuracy by using standard or customizable currency translations. Consolidate globally Consolidate your global organization with GAAP-driven applications that have full currency support, intercompany eliminations, equity eliminations, adjustments, and detailed data source tracking.

Intelligent performance management (IPM)

Automate consolidations Gain efficiencies with AI and ML technologies that automate consolidations in the background, eliminating routine, manual efforts. Orchestrate a connected and continuous close Streamline the end-to-end close with automated process monitoring, integration, and workflow capabilities. Centrally manage and post journals directly to any general ledger. Automate narratives in reports Reduce time and add insight to reports by generating narrative commentary from GenAI.

Compliance and transparency

Enable audit compliance Provide transparency and audit compliance for tasks like journal adjustments with enforced segregation of duties, data changes, visible calculations, and user activity logging. Always see what changes have been made and by whom to the data. Incorporate supplemental data Provide the full picture for statement balances by gathering supporting detail. Easy-to-create templates help with signoffs, validations, and drill-back from source to create footnotes, statement analysis, and track detailed information.