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Description
Current workflows are often inefficient and labor-intensive, leading to lengthy delays when collaborating with external agencies. Time is frequently squandered on repetitive tasks, as each reporting cycle demands the narrative to be built anew from the ground up. This inconsistency makes it challenging to generate coherent internal and external reports that accurately convey the story behind the data, especially when the figures or information in the reports may become outdated before they are even released. Furthermore, the absence of compliance and control during the "close to disclose" phase consumes valuable hours, as data is laboriously transferred between source systems, and various spreadsheets are exchanged through insecure means like email. It is essential to produce well-defined annual, quarterly, and other external business reports, along with their corresponding management summaries, tailored for individual companies or the entire corporate group to streamline communication and enhance clarity. This improvement can significantly minimize the risk of errors and enhance overall efficiency in reporting processes.
Description
Inscope is an innovative financial reporting platform powered by AI, specifically created to automate the processes involved in preparing, reviewing, and issuing GAAP-compliant financial statements for accounting teams and finance departments. By replacing cumbersome and error-prone manual workflows, it enables the automatic generation of financial reports, disclosures, and supporting schedules, which empowers teams to transition efficiently from closed books to finalized reports. Central to its functionality, Inscope utilizes AI assistants to manage labor-intensive tasks such as formatting, cross-footing, internal consistency checks, and roll-forwards, greatly minimizing the manual effort that has been historically associated with financial reporting. Furthermore, it upholds a dynamic, linked source of truth, ensuring that updates seamlessly propagate across all statements and footnotes, thus eliminating the chaos of version control while enhancing traceability. The platform not only increases efficiency but also fosters a more accurate and reliable reporting environment for finance professionals.
API Access
Has API
API Access
Has API
Integrations
DATEV
Microsoft Dynamics 365
SAP HANA
Pricing Details
No price information available.
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
insightsoftware
Founded
2000
Country
United States
Website
insightsoftware.com/idl/idl-publisher/
Vendor Details
Company Name
Inscope
Founded
2023
Country
United States
Website
www.inscopehq.com
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
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