Opet Fuchs,
IFRS Transformation Project
Opet Fuchs,It can automatically generate and track IFRS financials
and reports on a single platform with fast and accurate data.
The Project:
- Ensuring that data is reported from a single and accurate source.
- Ensuring that the company’s operational and financial performance monitoring is fast and easily accessible.
- Ensuring standardization of outputs in group reporting and analysis processes throughout the company.
- Preventing maximum error by eliminating the manual structure and accelerating the decision-making processes of senior management by preparing the right reports with the right data in a short time.
Achievements:
- Saving time by automating each opening, adjustment and classification of IFRS financials from a single platform at the end of the project.
- Elimination of manual error margins with the digitalization of the process.
- Accessibility of all reporting processes from a single platform.
- Creating accurate reports with the right data.
- All reporting processes, including group reporting, are accessible from a single platform.