Intelligent Automation To Power Your Business
The Right Approach to Record-to-Report Transformation
Intelligent Automation To Power Your Business
The Right Approach to Record-to-Report Transformation
Datamatics FINATO Record-to-Report module is the pinnacle of the Datamatics FINATO automation platform. It automates closures and accruals and offers integrated and interactive reporting of real-time data on top of timely closures of AP and AR cycles. It generates macro-insights by using the micro-data through different drillable views and brings out a clear visual story, not just numbers. The robust and scalable platform accurately leverages the intersection of high speed - high variety - high volume data with 1000 concurrent users. It accurately builds On-Demand reports with the right contextual references that enable speedy and confident data-driven decision-making, ensuring faster RoI.
Institutionalize data democratization and self-service in:
Finance & Accounting team periodically gathers the accounting data from different systems and creates a detailed report and analysis for the review of the leadership and management teams. Record to Report Automation automates the entire process right from gathering the data from different systems related to F&A and the operational data, processes, and analyses it, and brings forth the different KPI highlights to weave a visual story about the financial performance of the business enterprise.
Datamatics FINATO Record-to-Report module is the pinnacle of the Datamatics FINATO automation platform. It offers integrated and interactive reporting of real-time data on top of timely closures of AP and AR cycles.
It expedites the data collation and report generation for fulfilling internal and external compliance procedures, verifies and validates the data, highlights the anomalies for remediation, and frees up key resources to work on high value tasks.
It improves visibility, transparency, and traceability across all the F&A transactions and processes. It creates value through process optimization and automation and creates a sound base for financial planning and analysis as well as annual report updation.
Many F&A processes, such as General Ledger Accounting, Reconciliation, Inter-company Accounting, Tax Accounting, Audit, etc., can be automated under R2R Automation.
R2R Automation affects timely reconciliations at pre-defined frequency in order to capture the latest data for reporting. In this process, R2R Automation streamlines processes and builds up audit readiness.
Datamatics FINATO Record-to-Report accurately builds On-Demand reports with the right contextual references that enable speedy and confident data-driven decision-making.
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.