With the cloud software oktant finance you play it safe with your finances: Your company finally has the possibility to continuously perform financial analyses (also within the scope of internal auditing), because all figures are available to you at any time thanks to Business Intelligence:
Based on daily retrievable real-time data, the year-round view in the form of continuous auditing also supports you in keeping an optimal eye on your financial situation! Standardized reports, daily updates and the redundancy of manually created reports put you in the optimal position for efficient controlling!
With oktant finance you smartly combine your internal audit tasks with internal controlling and reliable risk assessment! Business Intelligence (BI) gives you an optimal overview of your financial figures with valid real-time data and meaningful dashboards and supports you efficiently in risk management.
Incorrect bookings, erroneous data or incorrect assessments can be recognized and avoided with this controlling software without having to demonstrate a lot of technical background knowledge, as the solution is very user-friendly and clearly designed.
With the cloud software, your company does not receive financial figures on demand or quarterly, but at any time with a click: By performing audits for the digital annual financial statements while simultaneously controlling the process analyses, you ensure process reliability and obtain the optimal basis for business decisions.
Continuous Auditing makes it possible for the first time to view your company’s development in figures over the entire year: Conventional auditing software works with downstream data analyses, because the internal audit or the audit of the financial statements is also only carried out retrospectively.
Automated data updates allow you to prepare standardized audit procedures of the internal audit already during the year and to control your finance and accounting constantly & centrally. oktant finance combines financial audit and controlling: The software is not only used for process audits, but also for the early identification of negative trends, conspicuities and risks in order to quickly create a catalog of measures accordingly.
The sooner you identify negative trends on your dashboard, the sooner you can react to them with recommendations for action – and turn the tide before economic damage has been done. Used as risk management software, the greatest advantage of companies is to be able to call up the data of the company’s development at any time in order to be able to take action in parallel in the event of anomalies!
Conclusion: While with external annual audits incorrect bookings etc. are recorded and communicated afterwards, so that you can only react afterwards / after the profitability has been affected, companies are always able to react immediately with oktant finance for internal auditing and financial analysis due to the year-round controlling option!
oktant finance supports medium-sized and large SMEs by offering the possibility of daily evaluation and audit processes in the area of finance & controlling as well as preparation for the internal audit.
Interactive and visually presented analyses give you an overall view of your company.
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