Financial Decision Support Add-On
The major difference between reporting and analytics is the ability to freely explore your data. Reports will give you information where analytics will give you insights!
Our Add-on integrates to your accounting data and provide best in class analytics and reporting!
- Are you a business owner, manager, accountant or analyst that wish to explore your accounting data from any perspective without pulling a single report?
- Are you interested in why you have cash, not just the fact that you may have cash in the bank?
- Are you interested in knowing your cash flow prediction and when you will run out of cash based on predictive expense analytics?
- Do you need to know what exceptions are happening within your business such as customer invoice decreases, marginal expense increases, supplier margin increases, inventory movement and ageing etc?
- Do you want to invite your trusted advisors to your analytics for further advisory services and more detailed analysis?
- Are you looking for a better way to retrieve your static reports or data exports and provide it as a service to your customers?
Then we have the solution for you!
Access your accounting data from any device! Our accounting solution has been prebuilt providing you with 50+ views on your data taking you from the most important dashboard views on financial performance, cash flow prediction, top expense growth/declines, customer & supplier analysis with receivable/payable buckets to more detailed views on trends, rankings, dynamic selections and drill down and across to freely explore all your accounting data.
Additionally to the detailed views we have created dynamic income statements, balance sheets and trial balances for your exploration.
You don't need another solution or tool to perform consolidations across your companies.
When you have multiple companies, you will by default see all the views as consolidated views i.e. all the companies together, you can then select any group of companies or individual companies to analyse.
This provide a great service to those customers that have multiple companies and wish to see their consolidated sales, receivables, payables, profit etc. across a group of companies and individually.
Our cashflow prediction model interprets the behavior of income and expenses payments based on historical data and utilizes supplier payment date and the latest bank feed data to increase or decrease the bank balance accordingly, providing you with a prediction of your cashflow for a three month period.
The model is based on Machine Learning technologies so will learn and update on every reload. We have built some additional views to help the user change expenses, receivables and payment behaviors.
Our static report solution provides you with access to your income statement, balance sheet and trial balance as scheduled and delivered in excel format to your email.
We also provide a performance report which will give you a breakdown of your Sales, Sales total by item, Gross & Net profit margins, working capital and expenses. The performance report is not just an export of graphs and data but breaks the numbers down into context for you so it will inform you about which customers contributed to your sales and which items they purchased and whether certain metrics increased or decreased between periods.
Our reporting solution provides you with data export capability directly from the analytical applications should you have the access license.
As our solution is built from the transactional level up and provides both aggregated and consolidated view of the data it is a great audit tool. You can easily determine and validate the completeness of income and expenses thus debtors and creditor transaction analysis from item level up to invoice and consolidation on customer or supplier levels.
You can easily assess gross profit percentages drilling down to markups and margins on per item level and validate whether cost/stock/inventory movements are correct and in line and if not have the ability to explore and understand why not.
Our ability to provide period on period such as month on month, year on year, month to date and year to date trend analysis makes it easy to spot inconsistencies in the transactional data or alternatively review the exception views for variances and inconsistencies.
Our global search ensures you don't need to go look for something but can just type it into the search and find the actual transaction, invoice, customer, supplier, journal entry etc. You can search by using the predefined measures and dimensions within the application or just free text search.