Information Edge launches brand new cost-effective financial consolidation, management reporting and

From: Information Edge
Published: Sat Feb 06 2010


It was announced today software solutions provider Information Edge has launched its financial consolidation, management reporting and modelling software solution.

ProVe helps companies close their books quickly and confidently. ProVe is a powerful, thoughtful and client focused product developed by accountants for accountants that:

- has the basic accounting integrity of double entry methodology

- "thinks" like an accountant, in terms of debits and credits, trial balances, charts of accounts, reporting, periods, currencies, companies, and so on

Managing Director, Vilosh Brito talks about the pressures and complexities CFO’s, Management Accountants and Group Financial Controllers face. "Demands on them are strong. Financial consolidation can be an error prone process while reporting and modelling are crucial for strategic decision making. Today's corporate officers are held to higher standards of accountability than ever before and stakeholders demand faster access to accurate results." For those companies that are still using the outmoded and ubiquitous spreadsheet or underperforming solutions they may find themselves falling behind their competitors or facing compliance issues.

Key components of the solution handle:
- Data collection from disparate sources
- Validation of data
- Has built-in double-entry accounting integrity
- Intercompany eliminations
- Foreign currency conversion
- Powerful journal posting and audit trail features
- Different consolidation methods
- Financial reporting

Its attributes are unmatched:
- ProVe "thinks" just like an accountant
- Frees senior people for more important functions
- Expands as your needs grow
- Is easily distributable to operating units
- Requires no specialist IT knowledge
- Provides flexibility to meet your specific needs
- Supported by a comprehensive range of implementation & training services

ENDS


About Information Edge

Information Edge delivers performance management, financial management and business intelligence solutions for public sector and commercial organisations. Our patented technology enables us to provide innovative solutions that have unmatched scalability and stability.

Founded in 1992 Information Edge has over 15 years of experience in this field. Major clients include HM Treasury, the DfT, the CPS, other Central and Government bodies and various large commercial sector customers throughout the world. Our inter-disciplinary team of accountants, consultants and developers has developed innovative software applications that work interdependently. This allows us to offer flexible solutions that address single and multiple business needs.

For more information please contact:

Sarah Warren
sarah.warrenATinformationedge.com
Marketing Manager
www.informationedge.com

Tel: 0207 073 2715
Mobile: 07771714093
Token House
11-12 Token House Yard
London
EC2R 7AS
Company: Information Edge
Contact Name: informationedge
Contact Email: sarah.warren@informationedge.com

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