MODLR

Financial Close and Consolidation

Streamline, automate and unify your financial close and consolidation

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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

Review trends and drill down to subsidiary performance Perform ad hoc analysis Build standardised reporting packs Design management reports Map child company account codes to group structures Map your Subsidiaries Set up company, account, departmental structures Design group reporting structures Design a live connection between MODLR and your ERP Integrate with ERP(S) Automatically import your historical spend from ERP Import trial balances

ERP Integration

Connect to your ERP to automatically pull the most recent actuals

Excel Integration

Plan and Report on MODLR models from within Excel Workbooks.

Audit-reporting

View Audit reporting of who changed what, and when

Variance Analysis

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

Notification Support

Send emails or SMS alerts when submissions are made to the budget

Driver-based Planning

Quantify the financial impact of your changing operational drivers

Flexible Budgeting

MODLR can adapt to different types of budgeting styles and methods, such as zero-based budgeting

Gain a real-time view of your cash flow

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 cash flow forecating solution will provide you with an always up-to-date cash flow forecast.

Faster financial close management starts with better data

With thousands of customers, we’ve integrated with a vast array of systems, including Microsoft Dynamics, Oracle, SAP, Sage, NetSuite, and more. Our data source expertise and flexible integration options ensure that you can connect our close management solution to your systems of record.

financial close and consolidation solutions

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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.

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