Maritime

Ensure transparency of data
throughout the organisation

AFC Business Finance automates the financial close process supporting both internal and external financial statements, including future cash flow.

Do you recognize these questions?

Can I easily replace manual Excel sheets with a tool that reflects the truth I know and free up time for more valuable tasks?

Is it possible to perform self-service adding statistical accounts, changing rules of intercompany elimination etc.?

Which consolidation tool will I choose to support a business strategy with a high frequency of M&A, supporting process and investment notes?

Is it really possible to have a flexible consolidation tool providing possibilities of vertical reporting and drill through?

How can I navigate in a world of compliance measures?

Can I change my cash flow analysis from review to prediction, and actually look ahead and support the management decision process?

We’ve got the answers

Key features

Automate the financial close process

Automate the financial close process by establishing near real time data loads from ERPs processed by consolidation rules, ensuring full audit trail visibility in both internal and external financial statements.

Vertical analysis and drill through

Achieve flexibility in vertical analysis as demand for data changes by establishing relevant dimensions and allocation matrixes, including possibilities of drill through.

Compliance
analysis

Inspect and identify areas of noncompliance by focused analysis on customer payment terms, VAT handling, credit limits, transfer pricing and other group measuring points.

Optimize and analyze future cash flow

Optimize cash flow by working capital improvements driven from actions on inappropriate payment terms and a focused cash collection process. Forecast the future cash flow for better decisions.

Customer cases

Complex financial statements

A family-owned group with a business strategy of highly frequent M&A processes needed a consolidation tool supporting the strategy. First of all, the tool should be able to create external financial statements, including notes, considering legal entities with changing ownership structure during the year, mergers, goodwill etc. Secondly, the tool should ease the onboarding process of a new investments.

Vertical analysis model covering large group

A large group operating the same industry needed one way of measuring the whole business.
They put a large portion of energy into defining meaningful verticals, and logics were built into the reporting tool, meaning that internal reporting was taken to new heights.

Strengthened compliance overview

A group with sales and purchase of goods from all over the world, including internal transactions, needed a compliance overview related to VAT handling and transfer pricing to support compliance assessment and review.
By analyzing those relevant transactions, it is now visible which ones stands out to further investigation and clarification.

Better navigation with focus on future cash flow

A CFO liked to improve her ability to navigate by changing the mindset of considering the past to focus on the future cash flow. By analyzing invoices including statistics on historically customer payment compliance, she got a tool to review budgets and support the decision-making process.

Discover our solutions

Analytics, Forecast & Consolidation are the main areas of our expertise. We provide state-of-the art core services, built on Microsoft Azure technology. Click the area you want to read more about.

AFC Accounting FP&A Ensure transparency of data
throughout the organisation
AFC Data & Analytics AFC Planning AFC Advanced Analytics

Automate and empower
financial reporting Automate and simplify
budgetting Automate manual processes
and become more accurate

Maritime

Maritime

Ensure transparency of data
throughout the organisation

Do you recognize these questions?

We’ve got the answers

We’ve got the answers