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.
*Survey conducted by Dimensional Research
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.
Time saving has been our biggest advantage. With ORYX, we have reduced the time to run a journal from between 3-4 days to just 15 minutes.
Without implementing ORYX, the office of finance would have spent a lot of time number crunching, rather than performing analysis of the numbers.
I believe that the ORYX suite is capable of competing against any other products in the CPM market and is totally credible.
My greatest pleasure in all this is to see the finance function becoming a constructive challenger to the business and being able to collaborate with it on both access to and sharing of planning information.
If you want to achieve more and provide better and more timely information to the business, we can help you.