FinReCo is a pre-built data warehouse with a reporting superstructure for the finance area, which is primarily suitable for medium and large corporations that consolidate managerial and/or statutory finance.
It includes a financial module that not only provides all the functionality required for management reporting including allocations, but also support for statutory reporting including financial consolidation. And it enables transparent and fast automated financial reporting running at regular intervals (monthly, quarterly, annual reports) and on an ad hoc basis.
FinReCo also automatically ensures that the numbers in the reports do not change history and that changes are not rolled over to previously closed reporting periods. Once evaluated, KPIs remain unchanged. In addition to management reporting, you also get an independent, fully automated management scorecard.