INFOSIS Account Analysis

Straightforward audit tools for fast, simple, cost-effective financial auditing and management information.

At A Glance – INFOSIS Account Analysis (formerly Account Analyser) is a powerful but straightforward solution for financial data analysis that delivers great results, without needing specialized technical knowledge.

• Offering major efficiency gains in assurance (as much as 20%) by replacing internal control testing with intelligent financial analysis.
• Boosting productivity and accuracy by providing the information you need – more quickly, more reliably and more consistently.
• Including an extensive set of ready-to-use financial analyses and reports.
• Providing compatibility with the top 5 international ERP software systems.
• Used by 500+ companies and accountancy firms (including the “Big Four”).

A Better Solution – INFOSIS Account Analysis (formerly Account Analyser) provides a complete set of straightforward analysis tools to give you the full picture of your financial data.

• Delivering faster, clearer financial visibility
  • Easy integration with your ERP or finance system.
  • Ready-made and user-definable analyses.
  • A rapid overview of your financial situation.
  • Full control of the processes and the recognition of your financial records.
  • Clearer insights and communication thanks to comprehensive management reports.
• Simplifying and automating
  We have designed our solution from the ground up for users to achieve more themselves – without needing specialist support – including streamlined data import wizards, a large library of ready-to-use reports, the ability to create “instant”, easy-to-use custom pivot tables and extensive online help files for all aspects of using the solution.
• Translating and standardizing
  It quickly delivers a single version of the truth for finance teams, internal or external auditors and decision-makers alike. Data from any number of different financial applications or charts of accounts is translated into one standard (but customizable) set of parameters for users to analyze the combined data and advise on the results produced.

Cloud Your Way

Our unique Cloud Your Way design empowers your team to move solutions in whole or in part between public cloud, private cloud and on-premise deployment.  You achieve compliance and security as you control what goes on the cloud and when it gets there. That is the power of Business World’s Cloud Your Way.

The solution that we deliver has the same functional depth, no matter how you choose to deploy it.

What is the INFOSIS Advantage? ;

Our “Cloud Your Way” deployment options cover all of our enterprise applications, including INFOSIS Business World (formerly Agresso) and INFOSIS  Financials (formerly Coda Financials), with options for individual organizations and for groups. Adhering to the highest industry standards for service delivery, we give our customers the independence, flexibility, and confidence they need to deploy their business software in the cloud – without fear and at an affordable cost.

But unlike other vendors, our approach to cloud deployment offers much more than just potential cost savings; it is also better in five important and concrete ways.

5 Advantages to our cloud Deployment

1. Portability – your INFOSIS  solution – deployed your way, without lock-in!With INFOSIS, you gain the agility and scalability to match your INFOSIS solution and deployment to your ongoing needs.This includes unrivaled portability, with the guaranteed freedom to choose, and keep adjusting, your deployment options to absorb and adapt to ongoing business change:And because you won’t need to either recode or make any changes to the setup or to your database when moving, this makes it a fast, low-cost and painless option.
   • Move into the cloud.
   • Move out of the cloud.
   • Move to a different cloud.
2. Enhanced Security – your INFOSIS solution – reliable, safe and secure!With INFOSIS, you not only gain the lower costs (and all the other advantages) of a truly multi-tenant cloud solution, but also the advantage that your data remains in its own unique and complete database. This gives our customers an extra layer of unparalleled security that even protects against human errors.We are also in compliance with rigorous security standards:For your safety, we also regularly commission outside experts to perform penetration tests, to make sure that we (and your data) are secure from the threats posed by even the very latest hacking techniques.
   • ISO/IEC 27001 (data security)
   • SSAE16 type II
   • PCI DSS (Payment Card Industry Data Security Standard).
   • TEC: ‘INFOSIS Customers Satisfied in ALL Requirement Areas of TEC’s Multi-Tenant SaaS Accreditation’
3. Upgrade Elasticity – your INFOSIS solution – always the best fit!With INFOSIS, you retain the independence and control to move up to new main releases of your application, at the time that best suits your organization’s needs and situation:
   • Updates are automatically added when needed.
   • It is your choice to either accept an upgrade or to postpone.
   • The previous two main releases stay supported in the cloud.
4. Completeness – your INFOSIS solution – stable, complete and future ready!With INFOSIS, you still benefit from the same fully featured, proven ERP solution, regardless of whether you deploy the application on premise or via the cloud:
   • Having exactly the same code, whether via the cloud or on-premise, means unrivaled rich ERP functionality, all available right now.
   • There is no delay or complication in getting the latest advances.
   • You gain the technical AND business change agility to minimize cost of ownership.
5. Data Disaster Recovery – protecting you from human error, with quick and painless data restoration With INFOSIS, you can still quickly and painlessly restore crucial data and reverse potentially crippling ‘disasters’ caused by user errors, even though your solution is deployed via the cloud. Backups are kept for a long time, so even if years have gone by before you notice the loss of data we can still restore it for you:
   • Genuine data restoration NOT just basic business continuity measures.
   • Rapid data recovery – as flexibly as the experience you would have in an on-premise situation.
   • No need for expensive third-party backup and recovery solutions.

KEY ADVANTAGES

With INFOSIS Account Analysis, both internal and external accounting professionals are better placed to analyze and advise on financial data. It improves the quality and breadth of information generated and frees teams to focus on more strategic activities.

1. Keeping You ahead of change – Complex, continually evolving structures and IT systems can significantly complicate reporting, cost control and the evaluation and analysis of financial data at a group level.Account Analysis provides the complete, accurate and up-to-date understanding of the organization’s finances to support all those involved in financial risk and control – whether finance teams, internal or external auditors or corporate decision-makers.
2. Giving you the Full Picture – It gathers data from any number or type of ERP or financial management systems (including the top 5 international ERP software packages). It then translates the data into a single, shared uniform standard, so that it can be used for central analysis, regardless of the various data structures and system rules of the source systems.
3. A Smarter more Streamlined Solution – Account Analysis offers you more effective statistical control and analysis with the best combination of efficiency, quality and reliability. Easy to set up and to use, it is extremely straightforward for users to fine tune and adapt, so that accounting professionals can be more productive and add value, without specialized training or extra (costly) technical support.
4. Sharper Financial Focus and Control – Account Analysis enables intelligent risk-based financial reporting, which helps accountants identify specific accounts that have a high level of risk. It provides a “single version of the truth”, so the finance team can produce fast, uniform, high-quality reports to support better decision-making and enable auditing comparisons and assessments to be made from an agreed set of reliable and detailed data.

KEY CAPABILITIES

The INFOSIS Account Analysis solution covers the full range of an organization’s financial analysis requirements, in the following key ways:

• Users don’t need specialized technical knowledge.
• Enables comparison of financial data from different sources and systems.
• Straightforward drill-down to transaction-level information.
• Making customized data grids, cross-sections and selections is easy.
• Can be instantly used in customer engagements.
• Includes a large set of default audit reports.
• Custom pivot tables are easy to create.
• Facilitates period comparison analyses.
• Allows for an unlimited number of classifications of journal entries for detailed analysis, lead sheets and periodical reporting.
• Checks suspense accounts.
• Flexible data browsing by ledger account, amount, journal entry.
• Ability to save analyses in PDF, Excel or Word format.
• Ability to attach INFOSIS Account Analysis reports to the process templates and individual projects within INFOSIS Audit & Control.