Financial BI
Everyone in accounting has a specific role geared to deliver accurate numbers each month. Many finance teams with multiple entities and divisions can spend up to 40% of their time gathering data to prepare these static reports, rather than analyzing the data. A finance solution created by Acterys to enable a speedy digital transformation to dynamic, interactive reporting, is now available. Backed by the power of a data analytics toolkit, finance teams can now deliver more business insight and empower others to use the right data to measure business performance.
Acterys – The new finance solution to drive digital transformation
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.
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.
Acterys as finance solution maintains data integrity
Traditionally, finance leaders do not allow many people to access ERP or corporate financial data due to the risk of submitting incorrect entries or corrupting the data. Acterys as financial solution protects the integrity of the legacy data while giving members of the finance team, or staff with financial reporting needs, the freedom to manipulate and share financial information. All this happens outside the ERP with the flexibility to analyze the data to identify areas of concern and opportunity.
Acterys' new financial solution is an easy-to-use platform to share key financial information across your team with the ability to Write Back! It will help open the lines of communication between the people who are reviewing the numbers and the finance team and no matter where the conversation is taking place; everyone is working from the same numbers. Users can also add custom calculations, create dimensions and sub-categories aligned to your industry, and convert numbers and tables into visual charts and graphs on custom dashboards.
Financial exploration is now becoming a challenging opportunity for improvement!
Acterys' new financial solution is an easy-to-use platform to share key financial information across your team with the ability to Write Back! It will help open the lines of communication between the people who are reviewing the numbers and the finance team and no matter where the conversation is taking place; everyone is working from the same numbers. Users can also add custom calculations, create dimensions and sub-categories aligned to your industry, and convert numbers and tables into visual charts and graphs on custom dashboards.
Financial exploration is now becoming a challenging opportunity for improvement!