FINANCIAL CLOSE SOFTWARE FOR PERFECT MANAGEMENT OF YOUR PERIOD END ACCOUNTING NEEDS


Today, most businesses carry out their financial close period using financial close software. This provides greater control and flexibility, and reduces human error. To achieve this, the finance processes used by the financial close software solution must be closely aligned with the needs of the office of finance.

The ORYX Financial Close software provides a series of powerful workflows and business rules that allow the month end closing process to be automated and repeated, aligned to replicate your financial processes.



IFRS 17 - are you ready? Read case study of what we've done for one Insurance Firm. Click here

97% OF BUSINESSES USING FINANCIAL CLOSE SOFTWARE REPORT BENEFITS*

CFOs have started to rely on Financial Close Software to garner accurate insights into their business’s financial health. Accountagility’s Financial Close Software puts you in control of the closing cycle and cuts down on the time and effort of the Finance department by up to 50% when performing the month, quarter, half, and year-end Financial Close processes. It also reduces the dependence on manual efforts for financial close. Research shows 53% of business that do not have financial close software report manual adjustments are their biggest pain point, whilst 66.5% reported that they close 2 days early - simply to combat the errors in their finance close process.

*Survey conducted by Dimensional Research

IN A SURVEY CONDUCTED BY ACCOUNTAGILITY TO 200 CFOS OF SMALL, MEDIUM AND LARGE BUSINESSES, THE FOLLOWING CHALLENGES WERE REPORTED WITH THEIR CURRENT FINANCIAL CLOSE PROCESS:

WHY USE ORYX CLOSE AS YOUR FINANCIAL CLOSE SOFTWARE

Accountagility’s Financial Close Software helps businesses solve their financial close issues by introducing automated financial processes. The account closing process is a recurring task that brings its fair share of challenges. Most businesses have multiple P&Ls, balance sheets, data sources and a variety of international structures to consider.

Period end close comes with strict deadlines, meeting demanding timeframes often adds pressure that can affect accuracy. ORYX is the perfect financial close solution for all period end accounting and reporting needs.

THE SOFTWARE IS DESIGNED FOR YOU
ORYX Close software has been created by our finance and accounting experts. You will have all the tools you need during a period close.
EASES THE CLOSING PROCESS
Our financial close software helps with automation and repeatability of your close process with the introduction of powerful workflows.
MAKES AUDIT SIMPLE
ORYX Close Software reduces the risk level, both with the data errors and manual errors which may occur during the conventional financial close process.
AUTOMATIC LABOUR-SAVING FEATURES
The software saves the labour hours spent on financial close process during each period by up to 50%, which in turn helps with improving the overall speed of the closing process while maintaining the accuracy of the data.
IMPROVED ACCURACY RESULTING INTO INSIGHTFUL ANALYSIS
Improves accuracy while saving time on approval processes with the help of streamlined, automated and audited sign-off procedure. This provides you the luxury to drill down reporting ensuring identification and correction of issues quickly.
OUR SERVICES
STREAMLINE YOUR FINANCIAL CLOSE
The ORYX financial close management software puts you in control of the closing cycle and can save up to 50% of the time and effort it takes a medium to large Finance Department to perform its month, quarter, half and year end processes. This valuable gain in time can be spent on gaining greater insights from reports and enable deeper analysis.
REGAIN CONTROL WITH ORYX CLOSE
ORYX Close puts you in charge of reporting, checking, and regulating outputs. Besides reduced working hours, it also helps you determine the best choices for your finance functions to make significant productivity and efficiency improvements.
MAKE CLOSING A PREDICTABLE PROCESS
With automated processing, the ORYX financial close software offers a powerful set of workflows with an in-built labour-saving features. From data sourcing to validation and QA of ledgers through to the reduction of manual adjustments, it serves your financial closing needs.
GOVERNANCE
ORYX Close completes the process, culminating audits, and streamlining sign-off procedures. Signatories can approve or comment on workflows within a close process to make amendments, saving time on approvals.
DIFFERENT FLOWS FOR DIFFERENT PERIODS
Once month-end closing is established, Accountagility can help you build different workflows within ORYX Close for meeting specific needs of quarter ends, half-year, and full-year closing process.
ON-DEMAND INFORMATION
ORYX Close provides on-demand information through intuitive and insightful analysis with collaboration features for identifying, understanding and correcting any issues. You can also create management report templates and replicate them for a wider audience and future periods.
OUR CLIENTS
Testimonials
ACHIEVE MORE WITH ACCOUNTAGILITY!

If you want to achieve more and provide better and more timely information to the business, we can help you.

    Get in touch

    If you want to achieve more and provide better and more timely information to the business, we can help you.