Datamatics FINATO
Record to Report (R2R) Solution

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 automation solution is the pinnacle of the FINATO automation platform. It offers integrated and interactive reporting of real-time data on top of timely closures of AP and AR cycles.

R2R process Automation expedites data collation and report generation to fulfill internal and external compliance procedures verifies and validates the data, highlights anomalies for remediation, and frees up key resources to work on high-value tasks.

It improves visibility, transparency, and traceability across all F&A transactions and processes. It creates value through process optimization and automation and provides a sound base for financial planning and analysis, as well as annual report updates.

Many F&A processes, such as General Ledger Accounting, Reconciliation, Inter-company Accounting, Tax Accounting, Audit, etc., can be automated under R2R Automation.

Record to Report 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.