Enhance Efficiency and Accuracy
FinQuery's Prepaid & Accrual Accounting solution is designed to streamline the month/quarter/year-end close processes for finance and accounting teams. By automating prepaid and accrued expense recognition, this platform significantly reduces the time and effort spent on these tasks, potentially cutting manual work by up to 80%. Manual errors and inconsistencies in spreadsheets become a thing of the past, as FinQuery ensures accuracy in recognizing expenses and forecasting future costs with precision.
Centralized View and Audit Support
One of the key features of FinQuery is the centralized view it provides for prepaids and accruals. This centralized repository not only fosters better visibility and control over financial data but also simplifies audit and reconciliation processes. The platform's audit trail feature offers detailed history tracking, enabling easy monitoring of changes and enhancing the overall audit efficiency.
Advanced Functionality and Integration
FinQuery's Prepaid & Accrual Accounting solution comes packed with advanced functionalities like single-click journal entries and rollforward reporting. With seamless integration capabilities with ERP systems, users can effortlessly generate schedules, automate journal entries with account numbers and allocations, and simplify reconciliations for audits. The AI-enabled data entry feature further enhances efficiency, making document processing quick and error-free.
Tailored Accounting Outputs and Forecasting
Businesses can customize their accounting outputs by assigning products/services to specific regions, departments, or cost centers. This tailored approach not only streamlines accounting processes but also enhances financial segment allocation. Additionally, FinQuery supports comprehensive expense forecasting, enabling organizations to stay ahead with accurate flux analysis and reporting.
Effortless Transition and Support
For finance and accounting teams tired of Excel errors and late nights during close, FinQuery offers a seamless transition to automated prepaid and accrual accounting. The platform ensures a user-friendly experience, with quick onboarding, robust support, and a searchable central repository that simplifies day-to-day operations as well as audits. By leveraging FinQuery, organizations can accelerate their accounting processes to match the speed of now.