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Information Consolidation and Reporting

iSMARTS/axis ICRS provides comprehensive features to collect, validate and enrich financial information received from subsidiaries for the purpose of consolidation and reporting at enterprise level. The Solution provides significant value by enabling flexible, accurate and rapid reporting, and can integrate easily with the existing Enterprise Applications.

The solution provides features to consolidate financial statements such as Income statements and Balance sheets and provide the necessary business operational analysis information. The consolidation can be performed on a scheduled basis or on-demand basis at group level, by unit or by any operational dimension such as business area, product or department.

The solution encompasses a wide range of functions for managing diverse needs of customers and is built on robust platform that ensures high performance and scalability. The solution can be configured for multi-level authorization workflow process for various transactions based on different parameters such as reporting information, currency and business unit etc.

Some of the main features and value added benefits include:

   Company & Subsidiary Configuration
   Financial Statements Configuration
   Matching Rules & Validation
   Data Reconciliation
   Interface to Financial Systems
   Data Consolidation Templates
   Back Office & Accounting
   Auto and Manual Adjustment Entries
   Monitoring Dashboards
   Advanced Enquiry and Reporting
   Multi-Currency Reporting
   Alerts & Notifications
The solution is based on scalable J2EE architecture using open systems deployment platform. The solution works in a collaborative manner. It is supplemented with other technology and integration products such as iSMARTS. The solution is available on Oracle and IBM technology components for RDBMS and Application platform and NT/Linux operating systems.
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