Pre-built best practices

Start quickly
Get up and running fast with built-in best practice functionality, including dynamic calculations.

Meet your needs without customization
Reduce your need for customization, because cash flow, balance sheet, income statement, rollovers, calls to action, and more are automatically calculated.

Readily meet global reporting requirements
Decrease the time it takes to meet global reporting requirements, including International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) with a preconfigured consolidation model.

Global, advanced consolidation and close

Perform complex consolidations
Increase the accuracy and speed of the close process by reclassifying, adjusting, and eliminating data for any hierarchy with pre-built consolidation support. Work easily with the most complex legal and management rollups that may have unique calculations and reporting requirements.

Manage KPIs
Manage the close by automatically tracking key metrics across the organization. You can use out-of-the-box calculations or easily create ones for business-specific requirements.

Automate intercompany eliminations
Reduce manual work by using automatic, standard intercompany eliminations. There are additional capabilities to customize if needed.

Translate currencies
Increase consolidation accuracy by using standard or customizable currency translations.

Consolidate globally
Consolidate your global organization with GAAP-driven applications that have full currency support, intercompany eliminations, equity eliminations, adjustments, and detailed data source tracking.

Intelligent process automation (IPA)

Automate consolidations
Gain efficiencies with advanced technologies that automate consolidations in the background, eliminating manual efforts.

Orchestrate a connected close
Streamline the end-to-end close with automated process monitoring, integration, and workflow capabilities.

Automate XBRL tagging
Reduce time and increase accuracy by automating XBRL tagging and taxonomies with natural language processing.

Compliance and transparency

Enable audit compliance
Provide transparency and audit compliance for tasks like journal adjustments with enforced segregation of duties, data changes, visible calculations, and user activity logging. Always see what changes have been made and by whom to the data.

Incorporate supplemental data
Provide the full picture for statement balances by gathering supporting detail. Easy-to-create templates help with signoffs, validations, and drill-back from source to create footnotes, statement analysis, and track detailed information.