Solutions

FINANCIAL CONSOLIDATION

Accelerate and control the financial close process with fluence Financial Consolidation software.


Deliver financial statements in record time with accuracy and control. Leverage financial tools you’re familiar with to navigate foreign exchange translation, intercompany eliminations, complex legal structures and both GAAP and IFRS reporting requirements.


CHALLENGE

88% of standalone excel spreadsheets have significant errors. Closing your books in fluence can dramatically reduce your time and effort and eliminate significant data and reporting risks.

HOW IT HELPS

fluence provides speed, accuracy, transparency and control over your financial reporting.


We allow you to continue using a financial tool that’s flexible and that you’re familiar with – Excel.


We provide the control of a cloud repository of financial information paired with workflow, and a dynamic calculation engine to deal with foreign exchange, inter-company eliminations and your unique consolidation logic.


It truly is the best of both worlds – the ease and flexibility of Excel and the accuracy and control of a robust, cloud based financial infrastructure.

BENEFITS

How would you like to reduce the time it takes to close the books by up to 80%?

How would you like to streamline your audit process – and spend less money on your audit?


How would you like to be 100% confident that your financial reporting is providing what you need to run the business and report to stakeholders?

How would you like to spend way less time on the mechanics of closing the books and more time on things that move the business forward?

How would you like to easily share decision ready reports and models across the entire organization?

How would you like to align your organization to a single version of the financial truth?

FINANCIAL PLANNING & ANALYSIS

Accelerate your financial planning process and improve your operational and financial insight with fluence Planning and Forecasting – powered by Vena.

 

 

CHALLENGE

How do you tighten your planning cycle while engaging more people in the process and providing dramatically improved insights.?


fluence allows you to push planning to the edges of the organization – engaging operational and financial experts in the planning process.

HOW IT HELPS

Our centralized cloud repository of planning and budgeting information keeps your information consistent across the company and guarantees data integrity. We can integrate with any data source – from Excel to sophisticated transaction reporting platforms. This ensures a single version of the truth that is always complete and up to date.


Use drag and drop functions to easily define and automate your budgeting process. Assign teams and engage as many individuals as you need – push planning to the edges of the organization – where insights and the impact of changes in the business are first identified.


Leverage Excel in a way that you never imagined possible – implement version control, workflow, powerful data consolidation and advanced modelling while utilizing a tool that your entire team is already comfortable with – Excel. Integrate with MS Office and advanced reporting and analytics to ensure everyone is always on the same page.

BENEFITS

How would you like to reduce the time it takes to prepare your annual plan from months to weeks, or weeks to days?

How would you like to engage more people in the planning process while also demanding less time from field and operations resources?


How would you like to easily share decision ready reports and models across the entire organization?


How would you like to perform complex budgeting calculations in excel without any linkage or data integrity issues?


How would you like to align your organization to a single version of the financial truth?

PERFORMANCE MANAGEMENT REPORTING

Leverage a unified business application that provides access to consistent financial and operational information – resulting in better business decisions.

 

Your fluence financial consolidation platform offers so much more than just financial reporting.  Seemlessly load financial and operational information to create a repository of performance management information – accessible across the enterprise in real time.  One version of the truth to support all your performance management requirements.

 

 

 

CHALLENGE

Efficiently and effectively align your financial and operational reporting. External and internal reporting requires that financial information tick and tie to operational metrics.

 

Automatically prepare and distribute Key Performance Indicators to all stakeholders

HOW IT HELPS

fluence is the solution that helps you make decisions more decisively with greater insight.
 
We provide instant insight into organizational performance through connections to any data source.

 

Provide real time what if analysis capabilities and access to polished reports and KPI’s

on demand.

BENEFITS

How would you like to connect all of your relevant performance management data from all sources in one repository – simplifying and accelerating decision making?
 

How would you like to ensure your entire management team is always on the same page when it comes to performance management information – one version of the financial truth?

 

How would you like to dramatically improve the efficiency and effectiveness of stakeholder reporting?

Location

fluence technologies, 350 Bay Street, 13th Floor, Toronto, Ontario, Canada, M5H 2S6