Intelligent Automation To Power Your Business The Right Approach to Record-to-Report Transformation
Datamatics FINATO Record-to-Report
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.
Service Offerings
Real-time Month-end Closure Visibility
Build in transparency and real-time visibility into the task progression and closures
Define cut-offs for revenue and expense accruals
Auto-Validation of Journal Entries and ERP Integration
Ensure accurate archival, retrieval, validation, and routing of Journal Entries
Facilitate real-time ERP integration to build a single-source-of-truth based on closures and pre-defined monthly accrual cut-offs
Auto-Reconciliation
Ensure auto-reconciliation and process optimization
Ensure AI/ML-powered continuous learning through exception handling
Ensure accurate accruals for Revenue and Expenses Accruals
Build in traceability and ensure high compliance
Fixed Asset Accounting
Centralize asset registers and auto-depreciation calculations and integrate into the systems for decision analysis
Intercompany Multi-Entity Adjustment
Account for multi-entity adjustment entries, streamline settlement, and seamlessly integrate with multiple ERPs
Financial Reporting and Visualization
Institutionalize data democratization and self-service in:
CFO Reporting
Data Visualization
Trend and Variance Analysis
CAPEX Reporting
High Visibility of Decision-Ready Data
Build decision-ready real-time data availability on top of timely closures and accruals
Seamlessly handle the intersection of high speed, high variety, and high volume data
Audit Trails
In-built audit trails for 100% internal and external audits
Ensure high ownership and traceability of data – information – insights
Ensure 100% compliance
Secure Access
Anytime, anywhere, any device access in a secure environment to support On-Demand Reporting
Maintain consistency across different views and on different devices
Datamatics FINATO Record-to-Report
Benefits
Real-time Visibility of Decision-ready Data
Real-time Data Integration with ERPs
Process Optimization
Data Democratization and Visualization for On-Demand Reports
High Visibility and Traceability
Consistent View Across All Devices
FEATURED CONTENT
Case Study
Gate Gourmet Centralizes its Accounts Payables & Accounts Receivables Process with Automation
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.
How does Datamatics FINATO Record-to-Report benefit businesses?
Datamatics FINATO Record-to-Report accurately builds On-Demand reports with the right contextual references that enable speedy and confident data-driven decision-making.
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