20 years of our experience across companies in one unique solution – a data warehouse for unified management reporting. Move from Excel to a fully automated solution.
The tool we developed will support you in management and analysis, mergers and acquisitions, introduce standards into your organization’s controlling and management, and make key KPIs available anytime and anywhere.
Let's talkFinReCo 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.
You have multiple data sources (ERP systems, budget tools, data warehouses, etc.).
You are facing a merger or acquisition of companies. And you are dealing with intercompany transactions with different source systems.
You need to have confidence in the numbers over time and a consistent view of key financial and non-financial indicators (P&L, KPIs).
It is important for you to be in control of the monthly closing process.
You need to know precisely which products or services are profitable for you and which are loss-making.
You are overwhelmed by a large number of spreadsheets and excels.
In just 3 months from the start of the project you will have automated and standardized reporting.
FinReCo includes preconfigured scenarios for more efficient real-time data processing even without otherwise required technical expertise.
FinReCo speeds up regular monthly reporting from days to hours, sometimes even minutes.
… is maximally connected to the company’s strategy and other management processes. It provides management important information for decision-making.
Management reporting may look slightly different in each company, depending on the industry in which it operates and on its priorities. It primarily monitors:
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.
You can safely use the calculations from FinReCa for independent audits or government inspections.
Changes are automatically reflected in all instances without the need for manual intervention.
Controllers and finance managers work independently with FinReCo, freeing up capacity in the IT department.
Clear approval processes, including fully automated workflow and access management rights.
Data for financial reporting and controlling without manual editing and rewriting. Numbers are fixed in the reports.
For the parent company and its local representative offices. And for its subsidiaries or otherwise property-linked companies.
The solution adapts to you, not other way around. You choose the solution or service exactly to your company’s needs and your preferences.
CFOs, CIOs and other managers are in full control of financial reporting with FinReC’s single, unified version of the truth. Each manager can have their own report tailored to their needs.
Gain confidence with FinReCo in detailed analyses of reported numbers, whether they’re looking at them by product, customer, country, branch, or a variety of other instances.
We arranged support for more than 800 users on the Power BI platform. Our training report for report creators familiarized with the best tips for self-service development and gave them an understanding of how to connect to the data correctly.
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