In the midst of industry-wide deregulation and consolidation, technology innovation is accelerating the rate of change within the financial services industry. As institutions consider new ways of doing business, they must also consider the technology solutions that will enable them to be successful. Now, more than ever, companies involved in the financial services industry are under intense scrutiny to ensure that their financial reporting is accurate and timely. AKA Enterprise Solutions understands the unique needs of the financial services industry. DynamicsAdvantage provides comprehensive ERP for financial services companies including multi-entity and multi-currency consolidations, treasury management, FAS 52 compliance and IFRS and XBRL reporting.
Key Features
- Shared Chart of Accounts across entities
- Create a consolidation of companies needed at each level
- FAS 52 compliance with discrete rate types for P&L and balance sheet
- Configurable transaction detail level in the configuration tree
- Optimized multi-level consolidation execution
- Consolidation preview and alternative consolidation trees with self-service reporting tools
- Integrated Microsoft Dynamics AX 2012 features:
- Security and IFRS compliance
- Financial reporting, budgeting and consolidation
- Multiple posting layers to account for tax and local accounting
Key Benefits
- Seamless bi-directional Integration into Microsoft Office
- Enterprise class integrations
- Highly scalable
- Shared data and unified processes across the organization
- Multi-company, multi-currency and multi-language
- Role based security and user experience
- Advanced allocations
- Treasury management
- Integrated employee expense reimbursement
- User defined workflows via an object oriented design engine
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