Financial Close & Consolidation
ACCURATE INFORMATION, QUICK TURNAROUND, AND FLEXIBLE SYSTEMS
For financial close and consolidation, accurate information is an absolute requirement for your business. With the frequency of each close cycle, quick turnaround is also a high priority. You should have the flexibility to accommodate future changes, as well.
Wysent integrates your financial systems and data and automates your reporting processes, increasing your efficiency and accuracy and decreasing your workload and uncertainty. We also build in functionality for taxes and compliance and infrastructure for changes to your business.
Here's some of what we can do for you:
Financial close systems
Cash flow automation
WHAT PEOPLE SAY
"The recent regional deployment marks the successful completion of the essbase project. The overall project has significant benefits to our company and our clients including the ability to decommission the legacy systems, achieve real-time adjustments to both the Financial and Management reporting systems concurrently and the stability and consistency in all rearchitected processing built within the Global Repository. Wysent's expertise and project coordination were critical to the successful completion of the project."
- Director, Financial Information Systems
SUCCESS STORY: Essbase ReArchitecture
FORTUNE 500 I GLOBAL PHARMACEUTICAL
Introduction of an essbase architecture and full set of automation to replace an Excel based monthly Close & Consolidation process. Key required features included the flow of data from local repositories into a global Oracle database, automated flows into Essbase, user adjustments and journals, end-to-end reconciliation and consolidated internal/external reporting. The comprehensive technical solution provided a more accurate and timely close which then afforded the users the flexibility to engage in strategies to move the business forward.