Speed and convenience
How does the month-end look in your business? Does the finance team spend a lot of time pulling data from your enterprise resource planning (ERP) system into spreadsheets so they can manipulate it into the standardized format? Is there a lot of wasted paper, effort, scanning and renaming?
For many, the process of preparing the data is a huge time waster and takes a lot away from analyzing the data. A new finance solution allows the accounting department to quickly create financial statements like the Income or Profit and Loss Statement and Balance Sheet to match the nuances of your business or division.
When month-end comes around, the statements are already built so the finance team can better use their time analyzing the numbers and empowering others to do the same. The dynamic reporting is available throughout the month and because the software is cloud-based, from anywhere.
Apostolos Maltezos, Chief Database Expert for Netcom Analytics says the business has learned from early users, that the Acterys Financial BI can save days of editing time on the P&L, Opex/Capex, Forecasting, Budgeting making reporting more streamlined and consistent with other BI reporting.