Features
Top Performing Features
Drill-down analysis
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
Category average: 8.3
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Category average: 8.5
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Category average: 7.4
Financial Statement Reporting
Creation and production of balance sheets, income statements, cash flows, other schedules
Category average: 8.8
Ad-hoc Reporting
Ad-Hoc Reports are reports built by the user to meet highly specific requirements.
Drill-down analysis
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
Category average: 8.3
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
Long-term financial planning
3-5 year financial plan with cashflow.
Category average: 8.7
Financial budgeting
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
Category average: 8.9
Forecasting
Combining actuals and budgets, rolling forecasts, driver-based models.
Category average: 8.4
Management reporting
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Category average: 8.5
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
Financial data consolidation
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
Category average: 8.3
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Category average: 7.5
Multi-currency management
Ability to handle foreign currency conversions during consolidation.
Category average: 7.4
Intercompany Eliminations
Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.
Category average: 7.6
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Category average: 8.3
Financial Reporting and Compliance
Financial statements and regulatory filings
Financial Statement Reporting
Creation and production of balance sheets, income statements, cash flows, other schedules
Category average: 8.8
Management Reporting
Tools facilitating creation of internal ad hoc or standard reports.
Category average: 8.4
Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Category average: 8.4
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
Personalized dashboards
Create custom dashboards and reports without the help of IT or administrators.
Category average: 8.3
KPIs
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
Category average: 7.6
Cost and profitability analysis
Cost and profitability analysis provides data for business decision making.
Category average: 8.2
Integration
Ability to integrate with external applications.
Flat file integration
Integration of flat files like text documents and comma separated files
Category average: 8.7
Excel data integration
Ability to integrate directly with Excel data.
Category average: 8.6