Automate and accelerate the Consolidation and Close process with TracFCM Consolidation Suite.
Capture Trial Balances automatically from your ERP
Reduce the cost of compliance and meet global regulatory requirements
TracFCM Key Business Benefits
Faster consolidations, Faster Close
TracFCM reduces the consolidation, close, and reporting cycles by days or weeks. It helps you Perform financial consolidations with a simple user friendly features and functionalities so you can close the books faster and view the interim summary figures at any time. TracFCM produces a detailed auditable journal entry report for every consolidation. TracFCM delivers EFFORTLESS complete financial results, closing the books, it keeps finance team ready with all financial and management reports. No dependency on IT because with TracFCM the finance department independently own and operate the solution.
Manage your business with confidence, whether you need to automate conversions for transactions or need to report in multiple currencies across the globe. TracFCM manages and automates multiple currencies to save your time and increase accuracy. TracFCM utilizes up-to-date exchange rates to create currency conversions and revaluations. It also gives you quick information on currency gains and losses. TracFCM allows you to generate reporting in base currency or the entity’s local currency.
TracFCM helps to instantly set up new entities with configurable rules for inter-entity transactions.TracFCM can allow you either have new entities inherit your existing lists, with all process definition and charts of accounts ORusers can easily configure each new entity with exceptional definitions.
Get Rapid, accurate financial reports, irrespective of your organization’s complexities. In TraFCM consolidation software, you can quickly compare performance across various entities. You can Increase visibility by relying on flexible, fully up-to-date local and global reports