BeyondSquare FinAlyzer - Your partner for Financial Consolidation, Close, Analytics & Reporting

Did you know, FinAlyzer helps every business measure financial health accurately and on time. To know more, Visit  https://finalyzer.ai

FinAlyzer supports unlimited reporting hierarchies and can consolidate, translate & report foreign currency in accordance with latest standards with complete audit trail.

BeyondSquare Finalyzer, a web-based tool which effortlessly consolidates & converts financial data to actionable insights. Consolidate complex multi-level hierarchies in different currencies and alternate reporting hierarchies with a single click.

Finalyzer is a unified consolidation & reporting software Eliminate compliance risks and huge compliance costs, through fast and accurate reporting...

Finalyzer -  A  Unified Financial Consolidation & Reporting Software Businesses can reduce time spent on close & consolidation by over 75%. Spend more time on analysis and less time on data preparation. It provides end-to-end financial consolidation, legal & management financial reporting, segment wise profitability reporting with automatic cost-allocation, interactive dashboards, KPIs, alerts, variance analysis, trends & drill-downs. Learn More :  www.finalyzer.beyondsquare.com

BeyondSquare Finalyzer A fast, secure and reliable web-based tool that effortlessly converts financial data to actionable insights with decision analytics, KPIs, insights, predictive forecasting and benchmarks . 

BeyondSquare Finalyzer A fast, secure and reliable web-based tool that effortlessly converts financial data to actionable insights with decision analytics, KPIs, insights, predictive forecasting and benchmarks . 

A CFO is no longer just the person providing financial analysis and mitigating legal and financial risks. Today’s CFO is the CEO’s right hand executive and a strategic trusted advisor. The role of a successful CFO is to enable the CEOs, owners and management to fulfil their corporate vision as the company's finance function is a key factor for creating success. The primary objective of the CFO is to enable CEOs to deliver to their companies' continuous improved financial returns, increased cash flow, improved financial position and increased overall business value. A contemporary CFO must think differently and provide alternative perspectives. The CFO should be in tune with the culture of the organization and understand the importance of momentum for the organization to reach its full potential. Apart from regular finance related responsibilities, an entrepreneurial CFO focuses on: Ø    Catalyst to technology adoption -  The right financial processes, tool...

…and why you should automate your management financial reporting. Excel is one of the world’s greatest desktop tools and many people love it because it is familiar and easy to operate. If you want to analyze a lot of numbers or do some complex modelling on a static dataset, it's hard to beat.I personally am a power user of excel and love the flexibility and ability to model various scenarios easily, and then analyse it. However, running a company involves collaborative, multi-department processes like planning, budgeting, forecasting, and reporting. It involves collating data from multiple source systems and people, curating & transforming it before it is ready for consumption. And that’s where the power of Excel falls short. Weeks are wasted every year, manually consolidating a mass of individual spreadsheets. Errors in cross-linkages, formulae getting converted to hard-coded numbers, manual errors, manual data entry, individuals having to laboriously search their computer...

The main purpose of Financial Planning & Analysis (FP&A) teams is to drive execution of the organizational strategy. They start from where the accounting team stops. These teams focus on what may happen in the future, by using data from the past, make assumptions and explain variances to the forecast so that management can maximize value creation and take better decisions. The FP&A teams support the finance controllers by turning information into knowledge, and knowledge into actionable insights. They are less focused on day to day transaction processing and more focused on forward-looking analysis for the business. With the speed and complexity of businesses constantly increasing, the prominence of FP&A teams has vastly increased. Apart from doing the budget, FP&A answers strategic questions, forecasts for the future, ensures a timely accounting close, prepares board reporting packages, preps the executive team, divests a division, analyzes product line prof...

Let’s say you got up this morning with a headache. You know from experience that it’s a small niggle, and it will go away on its own. But what if you got up tomorrow morning, and the headache got worse? If an aspirin doesn't help, you will surely go to a doctor, and most likely get some diagnostic checks done. A KPI (key performance indicators) dashboard is like a diagnostics report of various parameters that reflect the health of your business. KPI’s help you measure your business’s financial health. You can define KPIs for different areas of your business, from HR, Finance, Marketing to Operations. You can combine these KPIs to arrive at an overall health for your business. The Finance function is like the blood flowing through your body; it affects each part of it and keeps it healthy and oxygenated. Similarly, your company’s financial performance has a direct impact on every aspect of your business. Remember, that KPI’s and dashboards are not just for CFO’s...

I am sure it is the aspiration of every CFO to simply wear a pair of magical glasses that immediately gives them a bird’s eye view of the financial health of their company. The needs of each business are different, and it indeed will be a tall order to build the perfect pair of magical glasses.   However, it is also not so difficult to abstract the problem and arrive at a reasonably common set of indicators that CFOs need to track irrespective of their business. The process of mining the information and deriving meaningful intelligence from it should not in itself become nightmarish. Similarly, it should be relatively easy to choose the mode of delivering that information – be it a dashboard or a distributable MIS report. With a pair of these magical glasses, strategic decision making process can be easily accelerated. Here is my wish-list for my pair of magical glasses: ·          The ability to compare information across various dim...

In today’s business context, life of a CFO is that of the radar as well as the captain of a moving ship. Today’s CFO is expected to contribute well beyond the traditional role of cost management and operational controls. The CFO needs to play a delicate balancing act across multiple dimensions, some of which include: Impact of globalization: having an effective finance function that can account for the increasing complexities of running a global business Regulatory adherence: Global regulatory requirements are constantly changing and continually increasing, and CFOs have a personal stake in regulatory adherence Risk management: the nature of risks that an organization faces keep changing Reporting requirements: managing the ever broadening and often burdensome reporting requirements The CFO needs to do all this, while also keeping a keen eye on rigorous ongoing cost management and operational efficiencies to fuel profitability and strategic reinvestment. All this under...