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Corporate Performance Management

Enhance your financial decision-making by leveraging corporate performance management and the integration of Harmonized Planning, Budget Management, and Future Predictions.

Boost your financial planning speed and efficiency. With predictive planning and live insights combined, you could enjoy better team integration. This can lead to better foresight for your financial future and the flexibility to adjust to evolving market trends. Use our powerful data analytics feature, for a smarter way to break down your cost and revenue. This helps you efficiently manage your money, and ensure your budget is used sensibly. You will have all the data you need to make strategic decisions - giving you the freedom to maximize your profits! It's all about making your money work more intelligently for you.

Consolidation

Streamline the consolidation of financial and operational data across the organization to enhance data precision and ease of access.

Decision Making

Leverage financial and operational data to establish links between budgeting, forecasting, and reporting workflows, enabling well-informed strategic decision-making.p>

Automation

Enhance efficiency and data accuracy by implementing automated procedures for account reconciliation and financial closing, reducing errors and ensuring precision.

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Unified

Bringing data, technology & expertise together to transform your business and make future-ready.

Connected

Integrating different varieties of data to enhance transparency, insights, and transform digitally to capitalize on data and innovate without boundaries.

Interoperable

Reliable & Resilient – your platform & partner for digital transformation without limits.

Align, Achieve, and Advance

Experience a multitude of benefits that awaits

  • Increase the efficiency of account reconciliation and financial close by implementing automated processes, resulting in reduced errors and enhanced accuracy.
  • Enhance your organization's overall performance by integrating financial management functions into a unified platform, thereby ensuring efficiency, accuracy, collaboration, and strategic value.
  • Consolidate financial and operational data from various aspects of your business, improving both data accuracy and accessibility.
  • Leverage financial and operational data to establish connections between budgeting, forecasting, and reporting procedures, enabling informed, strategic decisions.
  • Analyze your budget, forecasts, and actual outcomes in parallel, fostering a comprehensive understanding of their impact on your business performance.
  • Streamline planning execution through the automation of forecast processes, leading to smoother operations and superior outcomes.
  • Eliminate manual efforts involved in gathering, reconciling, verifying, and analyzing financial data by replacing spreadsheets and specialized platforms with a more efficient and comprehensive solution.
  • Achieve standardization, enhancement of speed, and centralized management of the complete close process. This can be accomplished by employing month-end close tasks, supported by hierarchical task lists and role-based workflows.
  • Furnish organizations with real-time dashboards, flexible reporting options, and robust data visualization featurestoanalyze their financial and operational data effectively and derive insights to drive data-led decision making.

Prominent attributes to enhance your organization

Nirmalya platform effortlessly integrates financial management and accounting with robust compliance management, resulting in enhanced business performance and improved efficiency of financial close processes, all while substantially minimizing back-office expenses.

Planning and Budgeting

Transform your finance operations and ensure greater efficiency with our Planning and Budgeting solution. By automating planning and budgeting processes, our platform empowers finance teams to produce accurate budgets and forecasts quickly and effortlessly. What makes our solution truly powerful is its ability to model various what-if scenarios, allowing you to visualize potential outcomes and make informed decisions. Additionally, our collaborative and scalable platform enables easy report generation, fostering clear communication and collaboration within your team.

  • Streamline planning cycle times by utilizing templates and workflows that simplify the collection of inputs and assumptions.
  • Ensure the utilization of real-time, accurate financial and operational data through pre-built synchronization with NERP.
  • Foster organizational alignment by connecting all stakeholders within a unified environment, eliminating the need for emails and spreadsheets. Learn more

Account Reconciliation

Revolutionize your financial close process with Account Reconciliation. Our comprehensive solution automates general ledger account reconciliations, encompassing bank reconciliations, credit card matching, intercompany transactions, and more. By leveraging advanced technology, you can eliminate errors and manual tasks, allowing your accounting team to focus on exceptions and critical reconciliations. Streamline and standardize your entire financial close process, increasing efficiency, accuracy, and central management of your financial data. Experience a new level of speed and precision with Account Reconciliation.

  • Reduce time spent on downloading data from source systems, consolidating information in spreadsheets, manually reviewing account balances, and employing intricate formulas for matching and reconciling.
  • Improve control and visibility through real-time dashboards and tailored reports, enabling visibility into the reconciliation progress of every account, including preparers, reviewers, and sign-off dates.
  • Effectively manage and view the status and particulars of each account, including balance comparisons, preparers, reviewers, and sign-off dates.

Consolidation and Close Management

Streamline your consolidation and close process effortlessly with our close management and consolidation feature. This allows you to manage the entire end-to-end process from a single platform, eliminating the need for multiple systems and manual tasks. With our solution, you can easily assign close tasks and ensure they are executed in the correct order, minimizing errors and ensuring a smooth workflow. Our consolidation support feature enhances the accuracy and speed of the close process by reclassifying, adjusting, and eliminating data for any hierarchy. Additionally, our solution empowers accounting teams to centrally manage and post journals directly to the general ledger, simplifying financial reporting and enhancing efficiency.

  • Optimize the task assignment process to mitigate the chances of overlooking deadlines and guarantee timely completion of critical closing tasks.
  • Streamline Financial Reporting through centralized management and journal posting, fostering simplicity and efficiency.
  • Improve precision and efficiency by leveraging pre-built consolidation support to enhance accuracy and speed.

Corporate Tax

Simplify and optimize your tax reporting procedures with our advanced corporate tax reporting feature. By integrating your tax and financial reporting, our software eliminates complexities, allowing you to effortlessly align your tax obligations with your corporate financial records. Utilizing real-time data extracted directly from your general ledger, our system ensures the accuracy and reliability of your tax calculations, thereby enhancing compliance and providing better transparency into your financial statements.

  • Achieve simplicity by utilizing a centralized platform that automates the process, guaranteeing consistent and accurate tax reporting.
  • Harmonize tax obligations with financial records by leveraging real-time data extracted directly from the general ledger system.
  • Boost compliance efforts by incorporating up-to-date tax laws and regulations, thereby enhancing adherence to legal requirements.

Dashboard and Analytics

Gain a comprehensive understanding of your business's profitability and costs at a granular level with our advanced analytics feature. It allows you to analyze financial data by customer, product, and various business segments, empowering you to make informed decisions regarding business growth and investment. By combining financial statements and data with detailed textual narratives in a single report, we enable you to contextualize the numbers and derive valuable insights. Collaborate seamlessly with stakeholders throughout the report creation process, streamlining collaboration, defining, authoring, reviewing, and publishing management and regulatory reports in one convenient platform.

  • Conduct an in-depth evaluation of financial information based on customer, product, and business segments.
  • Provide comprehensive textual explanations to give context and meaning to numerical figures.
  • Enhance efficiency in teamwork and the generation of reports through a streamlined collaboration process.

Resolving a wide range of challenges

Budgeting and Forecasting

Create and oversee budgets and forecasts using a centralized platform to enable real-time collaboration, augmenting data precision and enhancing the overall planning procedure.

Account Reconciliation

Streamline and formalize your account reconciliation procedure to expedite, enhance efficiency, and ensure absolute precision in your period end reconciliation.

Financial Closing

Implement a uniform approach to streamline, expedite, and centrally control the entire process of closing, by utilizing month-end close tasks, assisted by hierarchical task lists, and role-based workflows.

Real-time Reporting

Enable organizations to access real-time dashboards, ad-hoc reporting, and data visualization capabilities, empowering them to effortlessly scrutinize their financial and operational data.

Data Consolidation

Combine financial and operational data from various departments in the company to enhance accuracy and ease of access to information.

Collaboration

Enhance your organization's efficacy, precision, teamwork, and strategic worth through the integration of all financial management functions using a singular solution.

Nirmalya has been able to help us delivering consistent employee experience across all locations to bind everybody together and give every employee the same experience

Sunil Das | CEO, News7 & Prameya

Accelerated Value Realization

Our implementation strategy is designed to ensure that your business operations undergo a swift and seamless transformation, resulting in faster time to value. Our experienced consultants utilize a structured approach that combines extensive industry knowledge with the latest implementation techniques. This enables you to expedite the deployment of our powerful solution and experience a rapid return on investment.

Through our streamlined process, you can optimize productivity and streamline business processes with minimal disruption. We have consolidated the expertise gained from global deployments into a set of leading practices, providing a clear path to success and delivering rapid business value.

With Nirmalya, you can confidently expect to go live within a predictable timeframe through smart, stepped implementations.

How much does it cost?

Nirmalya offers its services to companies of all sizes, including startups, fast-growing businesses, medium-sized enterprises, large corporations, and non-profit organizations. We assist these companies in streamlining their operational capabilities without the need for significant capital and operational expenditures. By eliminating the burden of maintaining an Enterprise Resource Planning system, which typically involves investments in manpower, hardware, and software, we help companies focus on their core activities.

Our collaboration with companies involves an initial setup fee for implementation, followed by an annual license fee based on the modules chosen by the customer for implementation. As businesses expand, customers have the flexibility to incorporate new modules as needed.

Resources

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Success stories

How Did Digital Transformation Protect the Future of Odisha’s Leading ...

The Prameya, Odisha's top-selling Odia-language daily newspaper, is owned by Summa Real Media Pr

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Quest for Unified Solution to Overcome Challenges and Elevate Performa...

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