Have the time and confidence in the numbers to answer questions and make forward-looking recommendations. Close the books with increased confidence, an improved process, and better controls. Reduce the time to close by up to 75%. Get your nights and weekends back.
"We got the same design and functionality in the cloud as a much more expensive on-premise product without the investment, hardware and support requirements." —Roger King, Corporate Controller
The close process is complex. We simplify it by combining a modern cloud platform with functionality to handle the most demanding processes. Whether you have a large and distributed organization or a fast-growing and complex organization, the Host Analytics Close Management Cloud will help you streamline your month-end processes.
Upload data from any general ledger with automation options that suit your needs.
Improve the close process with a status dashboards and reporting. See whether a person or process is slowing the close with the ability to drill into close workflow details. Manage and enter a full range of journal entries and allocations.
Simplify and speedup your consolidation process with automation. Multiple global entities, general ledgers, and currencies are handled no problem. That includes entities with both controlling and noncontrolling interest. Automate intercompany eliminations to ensure the books are accurate with minimal effort. All this is done in a way that allows you to meet the latest global accounting standards.
Produce a full range of financial statements, ad hoc reports, and dashboards from a single report writer that has the ability to dig into details. Take the hassle out of publishing the final management report or board book with automation that combines multiple source documents into a single polished report.
A transparent reporting process and automated controls validate reported results and highlight potential risks, thus reducing compliance and audit costs and increasing confidence in the numbers.