Streamline Financial
Close tailored for your business

Shift from manual preparations to 'review driven workflows' -ensuring faster, accurate, and efficient financial reporting

Problem Statement

Streamlining Financial Close is more than just financial report preparation. The common challenges

Data is Scattered

Financial Close requires gathering data from systems, people and sometimes external sources. Navigating through this is tedious, slow, and often overwhelming

Data is Scattered

Financial Close requires gathering data from systems, people and sometimes external sources. Navigating through this is tedious, slow, and often overwhelming

Financials are Connected

A minor change in data can have cascading effect across financials and disclosures. Unfortunately, changes are frequent and rarely minor

Financials are Connected

A minor change in data can have cascading effect across financials and disclosures. Unfortunately, changes are frequent and rarely minor

Justifying Accuracy: Wild Goose Chase

Be submission reviews or audit queries, tracking down specific numbers across endless folders is a test of patience and perseverance

Justifying Accuracy: Wild Goose Chase

Be submission reviews or audit queries, tracking down specific numbers across endless folders is a test of patience and perseverance

Standardization Doesn’t Work

Every business has its own unique way of preparing and closing financials because upstream systems are configured to meet its specific needs

Standardization Doesn’t Work

Every business has its own unique way of preparing and closing financials because upstream systems are configured to meet its specific needs

Solution Highlights

Delivery Faster, Trustworthy Financials, while retaining your process uniqueness

Simplified Collection

Seamlessly gather data from upstream systems or manual uploads, building your regulatory data lake for purpose

Simplified Collection

Seamlessly gather data from upstream systems or manual uploads, building your regulatory data lake for purpose

Data Quality

Understand the quality of raw data ingested at record level and profile data for specific cuts, before validating your reports

Data Quality

Understand the quality of raw data ingested at record level and profile data for specific cuts, before validating your reports

Granular Drill Downs

Simplified reviews and audits with one-click access to related transactional data, underscoring accuracy and logic of reported numbers

Granular Drill Downs

Simplified reviews and audits with one-click access to related transactional data, underscoring accuracy and logic of reported numbers

Variance Analysis

Easily compare financials across periods, versions, or budgets directly within application to understand performances

Variance Analysis

Easily compare financials across periods, versions, or budgets directly within application to understand performances

Anomaly Detection

Spot hidden inconsistencies and patterns that could compromise accuracy and integrity of your financial data

Anomaly Detection

Spot hidden inconsistencies and patterns that could compromise accuracy and integrity of your financial data

Multilevel Versioning

Single repository of all versions of financials, data and relations– minimize your audit efforts by providing complete journey of data from raw to final

Multilevel Versioning

Single repository of all versions of financials, data and relations– minimize your audit efforts by providing complete journey of data from raw to final

Personalized Insights

Move beyond one-size-fits-all. Preserve your unique financial presentation structure and data preparation templates

Personalized Insights

Move beyond one-size-fits-all. Preserve your unique financial presentation structure and data preparation templates

Collaborative Submission

Facilitate teamwork by ensuring each step is thoroughly commented on and documented, connecting teams as well as reports

Collaborative Submission

Facilitate teamwork by ensuring each step is thoroughly commented on and documented, connecting teams as well as reports

Audit Readiness

Complete disclosure of “how”, “when”, “why” and “what” of financial close process within the platform

Audit Readiness

Complete disclosure of “how”, “when”, “why” and “what” of financial close process within the platform

If you are looking for Finance Close Automation, going beyond mapping chart of accounts to final reports– Contact Us

If you are looking for Finance Close Automation, going beyond mapping chart of accounts to final reports– Contact Us

+91 99866 41115

tech@wekalp.com

All Rights Reserved by Aaren Technologies Pvt. Ltd.

wekalp

+91 99866 41115

tech@wekalp.com

All Rights Reserved by Aaren Technologies Pvt. Ltd.

wekalp