Accordance, Intercompany Reconciliation Software

Its simple, powerful, and multilingual web interface will allow the users to work simultaneously and efficiently on the intercompany reconciliation process.

Reconciliation

Allows you to automate the intercompany reconciliation process based on customs criteria.

Integration

Adapts to the heterogeneous schemes of accountancy and to your own system of consolidation.

Reporting

Clear synthesis to know the stage of the reconciliation and visualize the gaps.

Accordance isn’t a simple tool of balance comparison. It really assists you to identify the gaps.

It allows you to automate the intercompany reconciliation process. Accordance gives a clear synthesis that will allow you to know the stage of the reconciliation and prepare the process by visualizing the gaps in the accountancy and currency exchange rate.

Operating

Import

  • Accordance can manage all file formats (Excel, TXT, CSV, …)
  • You can easily integrate the fields (entity code, partner code, account number, numbers, date, amount, affectation, …)
  • Import can be manually launched or automatically periodically executed
Import intra group entries from differents sources

Intercompany Reconciliation

  • Automated reconciliations batches can be launched and the reconciliation can eventually be finished manually
  • Identify the gaps
Intercompany reconciliation process

Progress State & Control

  • Progress state of the reconciliation
  • Visualizing and control of the entities and accounts reconciled and unreconciled
Overview of reconciled accounts
Visualize gaps

Export

  • Export accounts balances according to a standard or custom format
  • Export reconcilied and unreconciled entries for Excel Audit
Export reconciled accounts and integrdate into your consolidation system

Features

Integration

No need to change your accountancy or consolidation reporting system. It adapts itself to the heterogeneous schemes of accountancy and data capture of each company and to your own system of consolidation using some simple import/export interfaces.

Collaborative Work & Organization

The Web portal offers a full control over the organization of the reconciliation process while using centralization for a better control or in contrary by splitting the work load. Common platform and in real time. We avoid the back and forth of Excel files more or less up-to-date and the users can work simultaneously.

Automatic Reconciliation

It allows you to automate the intercompany reconciliation process based on customs criteria.

Fast Close

Accordance can be used with FinClose to optimize your close process management.

Integration

100% web environment, compatible with all browsers.

Reporting

Accordance gives a clear synthesis that will allow you to know the stage of the reconciliation and prepare the process by visualizing the gaps in the accountancy and currency exchange rate.

Notifications

Customs Mails & Notifications.

Notes & Documents

Write notes & attach files.

Benefits

Saving time in respect of the deadlines

  • The tool allows saving a lot of time for accounts located worldwide.
  • Beyond the time saved, the reconciliation is under sharp deadlines for producing consolidation statements. Managing to reconcile sooner facilitate the consolidation. Intercompany processes are shortened.

UA continued tracking allows avoiding having discrepancies growing

  • It gives to auditors a clear answer on intercompany issue.
  • Beyond the significant threshold in consolidation, It is important to ensure in each accounts system that no entry is missing, in order to reduce the fiscal risk.

The tool fit to heterogeneous accounts systems

  • Accordance allows making reconciliations N to N. It is no longer necessary to have a correspondence of one account to a single account in the other company.

Documentation