Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Greatwill is a Finnish software solution designed specifically for the creation of consolidated financial statements in compliance with the Finnish Accounting Act (FAS, Finnish GAAP). It simplifies the consolidation process by organizing it into group events, where each event corresponds to a concise form, allowing for the automatic generation of elimination entries, reconciliations, and the consolidation worksheet based on the information provided in these forms.
Each group event has its dedicated form, which includes scenarios such as founding and acquiring a subsidiary, managing intra-group income and expenses, handling receivables and payables, accounting for unrealized margins in both inventory and fixed assets, processing intra-group dividends, and addressing translation differences for foreign subsidiaries. Additionally, the software manages minority interests, facilitates the transfer of depreciation differences and tax-based reserves to equity along with deferred tax considerations, and incorporates equity-method accounting for associates, as well as transactions involving the sale or merger of a subsidiary. Importantly, each form is streamlined to request only the necessary information, while automatically managing aspects like exchange rates, tax implications, and minority shares to enhance efficiency. This comprehensive approach not only saves time but also reduces the likelihood of errors in financial reporting.
Description
Eprentise's consolidation software enables organizations to integrate multiple instances of Oracle® E-Business Suite (EBS) into a unified database, encompassing all associated data and historical records from the original instances. In 2012, the company was granted a patent for its innovative consolidation methodology, identified as US 8,103,704. By leveraging its comprehensive knowledge base of Oracle® EBS, eprentise offers a practical and economical solution for merging distinct instances, particularly beneficial in scenarios such as mergers, acquisitions, or transitioning to a centralized data environment. The eprentise consolidation software simplifies this process by automating it and producing all necessary code, ensuring data standardization, resolving any discrepancies, aligning setup parameters, and harmonizing business operations across various EBS implementations. Consequently, this leads to the creation of a single database that effectively merges all source EBS instances, ensuring they are fully aligned with the organization's current strategic objectives. This seamless integration not only enhances operational efficiency but also provides a clearer overview of business performance.
API Access
Has API
API Access
Has API
Integrations
Oracle E-Business Suite
Pricing Details
$3,500/year
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Greatwill Oy
Founded
2024
Country
Finland
Website
greatwill.fi
Vendor Details
Company Name
eprentise
Founded
2006
Country
United States
Website
www.eprentise.com
Product Features
Product Features
Financial Reporting
"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement