Traditional spreadsheets fall short at financial close
Financial close and consolidations relying on traditional spreadsheet solutions result in lengthy, frustrating, and disconnected processes for FP&A teams to endure. At a time where FP&A teams are facing floods of data, transforming compliance standards, and tighter deadlines, FP&A teams need more efficient and effective tools.
Simplify your close and consolidation processes
An effective financial consolidation and reporting solution will give your FP&A teams the ability to meet increasing demands and manage the financial close process with centralised control. Ensure this solution enables efficient automation and evolves with compliance standards, so that your FP&A team can consistently deliver certified financial information - effortlessly.
MODLR supports FP&A teams to meet their statutory financial requirements including APRA and IFRS standards. MODLR’s automated financial controls, XBRL tagging, validation rules, and fully traceable audit logs provide complete data and process transparency.
Feel confident in your financial results
Expedite Financial Close and Consolidation
Automate data loading, reporting, and reconciliation. Accelerate your close with pre-and post- load validations, immediate identification of errors, and quick resolution of data quality issues.
Feel Confident in Financial Results
Deliver complete 100% transparency into process, data, and metadata changes with comprehensive audit trails and drill back capabilities for full control and confidence.
Strengthen financial insights
Strengthen your insight into your real FX impact on currency insights on all your balance sheet accounts and track every detail movement and change for complete cash flow reporting.
Streamline your Financial Close and Consolidation with MODLR
Connect to your ERP to automatically pull the most recent actuals
Plan and Report on MODLR models from within Excel Workbooks.
View Audit reporting of who changed what, and when
Collect commentary on variances between actuals, budgets and forecasts
Globally Apply Logic
Apply business logic across models globally, not in fits and starts across specific cells in certain spreadsheets
Send emails or SMS alerts when submissions are made to the budget
Quantify the financial impact of your changing operational drivers
MODLR can adapt to different types of budgeting styles and methods, such as zero-based budgeting
Accelerate financial close management with better data
Made for every customer, MODLR can integrate with your favourite systems, boasting a wide range of pre-built integrations including Oracle, SAP, Sage, NetSuite, Microsoft Dynamics and so much more. MODLR’s data source expertise and flexible integration capabilities ensure that our close management solution will be able to connect to your record system.
Make internal reporting and financial disclosure hassle free
MODLR’s financial close solution delivers all aspects of internal and external close reporting. MODLR’s web reporting allows you to drill down to granular transaction levels. You can provide xBRL formatted income statements, balance sheets and cash flow reports in moments.
Get a Demo
To see the MODLR Cloud in action, schedule a personal demo with one of our modelling experts or watch an overview of the cloud platform.