|
"Close
the books on time, every time. "
Key to closing the books is the consolidation process, which for
B2B Solution, Inc. Finance is based on a unified view of data, and
provides powerful features in the following critical areas:
Allocations. B2B Solution, Inc. Finance delivers powerful
and flexible allocation features. Consolidations can include any
number of allocations of any data by any proportion, measure, or
statistic. Additionally, tiered or waterfall allocations are supported.
Eliminations: B2B Solution, Inc. Finance includes straightforward
and powerful elimination capabilities, providing an environment
to perform one-off or repeatable eliminations. B2B Solution, Inc.
Finance can automatically determine required elimination amounts
as transactions are identified between entities.
Currency Conversion: Currency conversion complexities can
be enormous, requiring multiple exchange rates, maintenance of historical
rates, and producing financial information that converts many input
currencies into one reporting currency.
B2B Solution, Inc. Finance manages all currency requirements, with
unlimited input currencies, conversion as required and exchange
gain/loss calculations. In addition, B2B Solution, Inc. Finance
automatically handles currency issues where allocations and eliminations
take place across different currencies
Unique Submissions: Organizations are not stagnant. During
any accounting year, multiple forecasts and outlooks are generated.
While many of them are planned, some are ad-hoc in nature, analyzing
the impact of things like organizational change and added investment
dollars.
B2B Solution, Inc. Finance supports an unlimited number of unique
submissions, each with its own consolidation structure, allocations
and eliminations, and the currency rates.
|