Avanade's Cloud Based Intelligent Automated Financial Close & Consolidation Service

The financial consolidation, close and financial planning & analysis process for organizations operating in today’s business climate are being impacted by more variables & higher volatility than ever before. Companies need the flexibility to develop detailed action plans for multiple scenarios and respond with precision and agility to deal with this heightened uncertainty.

Our cloud based Financial Consolidation & Planning Service, allow organizations the ability to monitor the health of the business operations, automatically consolidation data preparation and provides alert monitoring and advanced analytics that help clients achieve 50% cost reduction across their financial close processes, increase worker Productivity by 3x and generate 40% higher financial effectiveness.

How

Avanade combines the power of RPA + Intelligence (cognitive, machine learning and advanced analytics) to deliver cloud-based Financial Consolidation & Planning Services.

Our services are priced based on transaction volumes, contract term and SLA’s related to supporting/delivering the service.

Deliverables include Automated business processes for:

• Financial Close & Consolidation
• Statutory, Regulatory and Compliance Reporting
• Financial Budgeting, Forecasting and Modelling
• Performance Reporting
• CAPEX Planning
• Workforce and Organizational Planning

Key Client Business Challenges Solved

• Disconnected systems and data sources make it impossible to provide a consolidated view to help organizations link their strategies to their plans and measure their performance.
• Traditional EPM has limited ability to analyze data sets, accelerate unstructured analysis and reporting and embed analytical insights into day-to-day decision making
• Reviewing available enterprise tools and resources to determine how those are used to support informed decision making acro