Finance Module
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Do you face these challenges in your financial reporting process?
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Are manual spreadsheets and copy-pasting wasting your team's valuable time?
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Is your financial close process delayed by bottlenecks and dependencies?
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Do you struggle with inconsistent or unreliable numbers from different sources?
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Are you missing a unified view of financials and risk in one place?
A Smarter Way to Manage Financial Data
Finance Module transforms complex financial data from various sources into clear, easy-to-use monthly management accounts. Your finance team can access and work with these reports quickly, freeing them from repetitive manual tasks and allowing them to focus on more strategic work.
FAQs
How does it work?
Finance Module consolidates financial data from all your subsidiaries, divisions, and business units into a single, accessible format. This allows your finance team to quickly and accurately generate the reports they need to drive better decision-making.
Finance Module will enable customer to automate the transformation of financial data input by all customer subsidiaries, divisions, business units and other entities (collectively, “input data”) into consolidated financial information that meets the customer’s requirements (collectively, “output data”).
How can it improve my business?
Our Finance Module service enhances financial management by consolidating data, streamlining financial reporting and monthly close processes, and supporting better budgeting and forecasting.
It enables scenario modelling and analysis for informed decision-making, offers advanced data visualisation tools, and ensures seamless Excel connectivity for improved productivity.
Our Solutions
Our products are pre-connected, e.g.: Risks defined in one place are then visible in the Reporting process alongside the financial numbers.
Using Excel as the 'front end' to our Cloud Database means Finance are able to tweak the logic of their reports expertly and rapidly.
Power BI is pre-connected to all of our data so assembling flexible reporting dashboards spanning Risk and Financials is fast and simple
Our expert support team are always on hand to help build complex reports, accelerate financial close automation steps and more.
Our Benefits
Reduced:
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Cost - less FTE time wasted on manual cutting and pasting
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Time - to Financial Close because of fewer dependencies (waiting for one person to finish working on a required spreadsheet)
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Risk – more reliable numbers because of the sophisticated cloud database replacing spreadsheet weaknesses
Improved:
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Flexibility and agility in the creation of reports means a better financial close faster
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Adoption by finance teams because the familiar spreadsheet approach works with their BAU processes
Our Product
Cloud CFO is a product containing 3 pre-integrated modules with each one solving a specific business problem in the production of:
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Management Accounts
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Forecasts
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Financial Risk Modelling
Cloud CFO is differentiated by an extreme flexibility that means delivering customised results is a much faster process.
This speed to final reports happens because the main interface to Cloud CFO is Excel, which of course is familiar to all Finance teams.
This approach makes matters much simpler for our customers; they are very familiar with Excel and therefore already have a foundation with no need to train within a new system.
Key Solutions
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Unified Financial and Risk Data: All your numbers and risks in one snapshot, automatically integrated into your reports.
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Flexible Reporting with Excel: Your team can easily adjust reports within Excel, using the tools they already know—no need for new training.
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Powerful Dashboards with Power BI: Quickly create interactive dashboards that combine financial insights with risk management.
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Expert Support: Our team is here to help with complex reports and automating your financial close, making the process smoother and faster.
How It Helps Your Business
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Save Time and Reduce Costs: Eliminate wasted time on manual tasks like cutting and pasting, reducing the workload on your team.
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Speed Up Financial Close: Consolidate data and avoid bottlenecks, allowing you to close your books faster.
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Increase Accuracy and Reduce Risk: Use a sophisticated cloud database to avoid the weaknesses of manual spreadsheets.
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Boost Flexibility: Easily adapt your reports to changing needs, allowing for a faster, more agile financial close.
FAQs
How can it improve my business?
Our Cloud Finance Manager service enhances financial management by consolidating data, streamlining financial reporting and monthly close processes, and supporting better budgeting and forecasting.
It enables scenario modelling and analysis for informed decision-making, offers advanced data visualisation tools, and ensures seamless Excel connectivity for improved productivity.
How does it work?
Cloud Finance Manager consolidates financial data from all your subsidiaries, divisions, and business units into a single, accessible format. This allows your finance team to quickly and accurately generate the reports they need to drive better decision-making.
Cloud Finance Manager will enable Customer to automate the transformation of financial data input by all Customer subsidiaries, divisions, business units and other entities (collectively, “input data”) into consolidated financial information that meets the Customer’s requirements (collectively, “output data”).