FEATURES
With FinAlyzer, spend more time on analysis and less time on data preparation
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.
Financial Consolidation Features
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.
Minority Interests
Minority Interest calculation & reporting in the BS / PL statements is simplified and automated.
Notes to Accounts
Include Notes to Accounts to your statutory financial statement reports set up in Finalyzer, making it quicker to finalize and close.
Powerful Excel Add-Ins
With powerful excel add-ins, you can do so much more directly from an excel spreadsheet, viz. passing journal entries, uploading non trial balance data, updating financial report template, validating the report file etc.
Journal Entries / Book Keeping
Post journal entries, reclassifications, goodwill and minority interest calculations spanning multiple levels of consolidation and currencies. Manage multiple financial periods and creation of unlimited scenarios (actual, budget, forecast, movement etc).
Schedule Reporting
Schedule level data uploads and automatic roll-ups to the level of trial balance, enables powerful reporting with insights and drill-down.
Print Ready Financial Statements
Reports configured exactly as per auditor provided financial report formats including schedules & non-financial information using sophisticated excel add-ins that dynamically synchronize with FinAlyzer server data.
Audit Packs
Audit Packs provide full lineage of data from source trial balance to end financial reports. Corporate lock helps you freeze books once numbers are finalized. Role based access drives strong controls that are augmented by audit logs.
Management Consolidation & Reporting Features
Financial Dashboards
Plug & play, out of the box rich financial dashboards provide dynamic visuals and ability to compare performance across multiple entities, periods, currencies, scenarios, business units, service/product lines etc.
Operational Dashboards
Bring operational data like employee, project data etc. and seamlessly build great executive dashboards with combination of financial and operational data. Dashboards can also be exported to excel / pdf's for distribution.
KPI & Performance Metrics
Easily analyse corporate performance using key performance indicators, trends, drill-downs & variances. Get alerted on misses and take timely action. Use existing library of KPI's or configure custom KPI's on demand.
Intuitive Analytics & Drilldowns
Reports provide slicing & dicing through dimensions & click-through drill-downs that help analyze data more accurately up to general ledger account level data or operational data for each entity from management reports to statutory financial reports.
Allocation Rules Management
Allocate costs accurately with a flexible allocation engine with configurable rules that supports any methodology for allocation, thus enabling rich profitability & cost analysis by various business segments
Dynamic Visualization
Slice & dice dashboard visuals to help you analyze data points at granular level. Enable custom filters and change dashboard visuals based on the reporting purpose and elements.
Alerts & Notifications
Manage Alerts for KPI's and notify users with relevant updates. Combine these with multiple periods to get historical performance trends.
Budgets & Forecasts
Track Budgets v/s Actuals v/s Forecasts at entity level or profit & cost center level. Drilldown to analyze the key business drivers. Define multiple budget scenarios to address dynamically changing business environment
Segment wise reports
Rich profitability & cost analysis by various business segments. Identifying attributes of profitability with multi-dimensional analysis for better alignment of resource, cost drivers & strategically improve product and customer segmentation.
How It Works
Dashboards at a Glance
KPI Dashboard
Executive Dashboard
Profit & Loss Analysis
Balance Sheet Analysis
Cash Flow Analysis
Segment Analysis
KPI Dashboard
KPI Dashboard
Provides crucial information on whether KPI’s have been met or missed, if they have breached alert levels, and what that means to the business.
Gives Configure Alerts, Monitor Variances, Drill Down & Filter, Sort Information, Trend Analysis, Dynamic Visualization, Download Reports, Export Images.
Executive Dashboard
Executive Dashboard
Provides a bird’s eye view on the most important financial parameters & trends providing easily understandable & actionable insights on the company’s financial health.
Define personalized interactive dashboards, Rule driven automatic distribution of reports, Dynamic visualization.
Profit & Loss Analysis
Profit & Loss Analysis
Empowers ability to perform detailed analysis of each profit & loss report by exploring trends, break-up & comparisons for each ledger account.
Perform analysis of the current & past data for one or more parameters like actual, budget, target. Examine deeply the elements influencing the financial performance. Dissect information by revenue centers, cost centers. Apply Multi- level allocation principles.
Balance Sheet Analysis
Balance Sheet Analysis
Provides performance analysis of how effectively Company’s resources are performing & what it means to the business. Perform analysis of Assets, Liabilities & Equity & its variables impacting the company. Generate & track performance ratios. Configure performance alerts.
Cash Flow Analysis
Cash Flow Analysis
Provides in-depth analysis of inflows, outflows & net cash-flow for a period, facilitating decision makers to plan in such a way that business functions smoothly. Liabilities & Equity & its variables impacting the company performance. Generate & track performance ratios. Configure performance alerts.
Segment Analysis
Segment Analysis
Empowers to run performance analytics across multi-hierarchy of segments like a business line, geography, product line, projects or service line.
High performance reporting & analytics for your business. Interactive, Intuitive, Dynamic reports with slice & dice, drill down, sort, filter functions.
