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Axway Financial Accounting Hub (AFAH)
avtor: AXWAY
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Accounting Rule Engine for fast close, data quality, easy compliance and audit
Finance meets business with Axway Financial Accounting Hub
Trusted by 90% of financial institutions in France, Axway solution is now available globally.
Whatever your industry, Axway will accelerate and amplify your Finance Digital Transformation (including ERP migration).
Give your financial information system the ability to support multiple entity accounting and reporting, intercompany processing and reconciliation, and connection to any data source or target. Transform your Finance Department faster: accelerate ERP transformation, reconnect easily data to your consolidation platform, Fast close with quality data.
Key benefits of Financial Accounting Hub
Accelerate digital finance transformation by reducing finance information system complexity.
Operational excellence
- Close books in two days, not weeks – no need to spend nights on closing books
- Automatically process 10 million transactions in 10 minutes for real-time inventory and customer positions
- Automatically generate consistent postings in multi-GAAPs
- Reconcile inventory and accounting automatically every morning instead of waiting until the end of the month
Business agility
- Integrate an acquired company quickly (within 9 months for one global bank)
- Master complexity and consolidate feeds from more than 150 back-office systems into one system
- Respond faster to business changes by setting up one new business flow in one week, not 4 months
- Cut integration project load in half when migrating to a new ERP system
Data reliability
- Add reporting segments to automatically feed business dashboards
- Automatically reconcile business data with accounting data
- Reduce rejects from the ERP and fix errors
- Monitor data ingestion in ERP through dashboards
- Expose trusted data
- Navigate actionable audit trails
Contact us to discuss your needs
Trusted by 90% of financial institutions in France and other industries globally, we understand every customer is different and we would love to talk to you about your specific needs and ambitions.
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