Financial Consolidation

Streamline financial consolidation by facilitating dual-posting of transactions, maintaining multiple accounting books, and automating reporting procedures.
Efficiently detect and reconcile intercompany transactions, automatically record elimination journal entries, and promptly reconcile intercompany accounts.
Centralized data empowers headquarters personnel to track and analyze performance in real-time at both parent and subsidiary levels.
Ensure adherence to regulatory requirements by leveraging integrated governance, risk, and compliance capabilities and processes formulated to address regulatory and operational compliance challenges.
Timely business decisions necessitate access to up-to-date financial data of utmost importance.
Enhance both accuracy and reliability of insights into your organization's financial performance.
Attain valuable insights into your organization's financial performance, identify trends, and make well-informed business decisions.
Utilize the inherent governance, risk, and compliance (GRC) capabilities and processes to effectively tackle regulatory and operational compliance concerns.

Data Consolidation

Revolutionize your financial management with our cutting-edge accounting tool that offers multi-entity and multi-book capabilities. By leveraging real-time data synchronization, you can effortlessly consolidate and report your financial details with ease. It seamlessly integrates a shared dataset along with the flexibility to create custom charts of accounts at the subsidiary level, ensuring accurate and simultaneous posting of local transactions to the appropriate parent account. Simplify your reporting process, eliminate data inconsistencies, and achieve more accurate and timely consolidated reports.

Streamline and expedite financial consolidation through the utilization of dual-posting transactions, multiple accounting books, and automated reporting.
Facilitate effortless identification and reconciliation of intercompany transactions, automate the posting of elimination journal entries, and promptly settle intercompany accounts.
Enable real-time performance tracking and analysis for both parent and subsidiary levels with centralized data, empowering headquarters staff to make informed decisions.

Tax and Accounting Standards

Gain a competitive edge and ensure compliance at all levels with our comprehensive multiple tax and accounting standards solution. Seamlessly manage complex accounting rules, tax codes, and regulatory demands by creating multiple sets of books tailored to diverse requirements. Our platform’s exceptional support for accounting standards empowers businesses to apply various accounting treatments to a single transaction, enabling accurate and effortless reporting. Streamline your financial processes, mitigate risks, and optimize operational efficiency with our powerful solution that adapts to your evolving needs.

Employ the creation of multiple sets of books to cater to varying accounting rules, tax codes, or other prerequisites at both the parent and subsidiary levels.
Utilize the inherent capabilities and processes of governance, risk, and compliance (GRC) to effectively tackle regulatory and operational compliance concerns.
Attain superior financial control by leveraging our smooth integration and user-friendly features, enhancing your overall experience.

Centralised Accounting

Streamline your intercompany accounting processes with our advanced Intercompany Accounting solution. Designed to simplify reconciliation and eliminate intercompany transactions, our automated system effortlessly saves time and mitigates the risk of errors. By seamlessly tagging purchase requisitions and sales orders as intercompany transactions, our solution allows the system to automatically post elimination journal entries upon invoicing, ensuring accurate financial records. Furthermore, our unique intercompany integration feature empowers accounting managers to consolidate mutual subsidiary balances and effortlessly create settlements for selected transactions. Discover a smarter way to manage your intercompany accounting activities, maximizing productivity and enhancing accuracy.

Effectively recognize and align intercompany transactions, automatically record elimination journal entries, and promptly reconcile intercompany accounts.
Gain access to consolidated financial information spanning multiple entities, enabling stakeholders to evaluate the profitability and cost-efficiency of diverse business segments or subsidiaries.
Centralize and standardize intercompany procedures to ensure compliance with regulatory mandates, internal policies, and accounting principles.

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.

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.