Pre-built Robotics Process Automation (RPA) modules specifically to streamline Finance & Accounting processes (EPM RPA). The increased rise in adoption of EPM RPA continues to broaden in application to areas such as, but are not limited to: Smoke test automation – to minimize efforts in regression testing by end-users subsequent to significant changes to Financial…
Tools to manage the transformation and workflow approvals of inbound source data (e.g., from general ledger) into the data model of the target C/EPM software. On Premise Option(s): Cloud Option(s):
Tools to manage the transformation and workflow approvals of inbound source data (e.g., from general ledger) into the data model of the target C/EPM software. On Premise Option(s): Cloud Option(s):
Tools to manage the attributes of financial data (“meta data”) such as report captions (e.g., chart of accounts), period, entity, scenario, continuity, nature, etc. This is particularly useful when standardizing across multiple systems. It is commonly used as an intermediary tool to facilitate mapping between different systems (e.g., general ledger, CRM, BI, datawarehouse, etc.). On…
Tools to manage the attributes of financial data (“meta data”) such as report captions (e.g., chart of accounts), period, entity, scenario, continuity, nature, etc. This is particularly useful when standardizing across multiple systems. It is commonly used as an intermediary tool to facilitate mapping between different systems (e.g., general ledger, CRM, BI, datawarehouse, etc.). On…
Tool to handle complex attribution and allocations for the purposes of analyzing profitability and costs against different models (e.g., creation of cost pools, performing allocations to business units or business lines based on drivers, etc.). Driving to the heart of revenue and cost levers becomes increasingly challenging for larger organizations. Due to the scale of…
Tools to streamline the production of narrative commentary bundled with key financial data and metrics. Traditionally, the Finance and Accounting Teams have diverted a substantial portion of their efforts towards the creation of consolidated financial statements. However, similarly onerous is the effort involved to craft the context supporting these key financial figures – collectively known…
Tools to orchestrate Accounting Period Close activities (e.g., closing local books, performing account analysis and reconciliations, SOX cascading certifications, etc.). On Premise Option(s): Cloud Option(s):
Tool to generate consolidated financial statements (e.g., for local reporting, corporate reporting, legal entity reporting, segmented reporting). Core functions include, but not limited to: handling concurrent consolidation methods, intercompany eliminations, consolidation adjustments, f/x translations. On Premise Option(s): Cloud Option(s):
Tool to create and update strategic plans, budgets and forecasts for business planning (e.g., define and cascade global assumptions, calculate revenue and cost projections, etc.). Commonly used to handle budgets/forecasts/plans for: CapEx, Workforce, Projects, P&L, Balance Sheet, etc. On Premise Option(s): Cloud Option(s):
Tools to streamline the account analysis and reconciliation processes as part of accounting period close (e.g., bank reconciliation, A/R analysis, Accrual account analysis, etc.) On Premise Option(s): Cloud Option(s):
