Accordance, Intercompany Reconciliation Software

Its simple, powerful, and multilingual Web interface will allow users to work simultaneously and efficiently on the intercompany reconciliation process.
ACCORDANCE IS MORE THAN JUST A BALANCE COMPARISON TOOL. IT OFFERS YOU REAL ASSISTANCE WITH DISCREPANCY IDENTIFICATION.

Accordance

It allows you to automate the intercompany reconciliation process. Accordance provides a clear synthesis that will enable you to stay informed of progress with the reconciliation and prepare for the procedure by visualising the discrepancies in accounting and exchange rates.

Reconcile

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

Integration

Adapts to the accounting information formats and to your own system of consolidation.

Reporting

Clear summary of the reconciliation stage and visualisation of discrepancies at any level (company, account, entry))

Features

Reconcile

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

Integration

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

Reporting

Accordance provides a clear summary that will allow you to stay informed of progress with the reconciliation and prepare for the procedure by visualising discrepancies in accouting and exchange rates.

Collaborative work & Organisation

The Web portal offers full control over organisation of the reconciliation process, by either centralising or delegating the work load. A common, real-time platform eliminates constant back-and-forth interactions with Excel files which are never quite up-to-date, and allows users to work simultaneously.

Notifications, Notes & Documents

Customs Mails & Notifications.

You can write notes and store documents.

Fast Close

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

Principle

IMPORT DATA

  • Accordance supports all file formats (Excel, TXT, CSV, etc.)
  • You can easily integrate fields (entity code, partner code, account number, invoice number, date, amount, allocation, …)
  • Import can be manually launched or executed periodically and automatically
Import des écritures intercos

INTERCOMPANY RECONCILIATION

  • Automatic reconciliation can be launched manually or executed periodically
  • Reconciliation can be completed manually
  • Identify the discrepancies
Reconciliation manuelle des ecritures

PROGRESS STATUS & CONTROL

  • Reconciliation progress status
  • Visualise and control reconciled and unreconciled entities and accounts
Visualisation des ecarts de change des comptes avec les partenaires

EXPORT

  • Export accounts balances according to a standard or custom format
  • Export reconciled and unreconciled entries for Excel Aud
Export des données vers le systeme de consolidation
Export Conso sous Excel

Benefits

Save time and meet deadlines

The tool enables considerable time savings on accounts located worldwide. In addition to the time saved, reconciliation involves tight deadlines for producing consolidation statements. Earlier reconciliation facilitates consolidation, and intercompany processes are shortened.

The tool supports heterogeneous accounts systems

Accordance can be used to make a N to N entries reconciliation. It is no longer necessary to match one account to another single account in the other company

Continuous monitoring avoids accumulation of discrepancies

Provides auditors with clear answer on intercompany issue. Beyond the significant thresholds in consolidation, it is important to ensure for each accounting system that no entry is missing, in order to reduce fiscal risk.

Documentation

Download Accordance presentation
Download

Find out how our solutions can optimise your accounts closing.

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