Our News

April 2017

Is Financial Automation overrated?


Implementation of systems and use of software that will do the heavy lifting and the easily automated processes on their behalf, is every financial expert’s dream come true. Yet, manual systems continue to be pervasive in financial reporting and analysis – a process that drains both time and money. There is nothing noble about delaying financial reports because of time wasted completing processes manually.

In ATC, we know that you aim to ultimately work smarter in order to better serve your clients, by providing speed, accuracy, reliability and consistency. These may all be achieved using financial automation software. Financial automation can be used to facilitate budgeting, forecasting, consolidation, Corporate Performance Management and Financial Reporting and Analysis in general.

  1. Saves time and money - The saying that “time is money” is even more relevant in the field of finance and accounting. Every minute wasted doing something manually may be measured in dollars or euros lost or thrown away.
  2. Reduce errors - The more manual a financial system is, the more prone it is to human error. While financial automation will not eliminate all errors since it still depends on human input, the fact that it reduces the number of steps of information input, means that error is automatically and significantly reduced.
  3. Financial report preparation made simpler - Common financial tasks such as budgeting, forecasting, consolidation, and financial reporting and analysis may all be made simpler with financial automation software. While MS Excel has some amount of automation built in, there are other types of financial automation software that can easily integrate with MS Excel to make the financial reporting processes even simpler. ?page=contact

So, if you are looking for a solution that can strike a good balance between its capabilities and its price tag, check out Performance Canvas Financials.

Performance Canvas Financials (pcFinancials)
- was created to address the needs of the market not addressed by current solutions and for only a fraction of the price.

- was built from the ground up by the experts behind world class solutions i.e. IBM Cognos, SAP BPC, Hyperion Enterprise, and Frango Consolidations.

Contact us today and book your demo!