Financial reporting software

Financial statements

Financial statements are a whole complex of interrelated documents that reflect data on the financial position of the company. They may reflect: financial results for the activity as a whole, cash flow movement for a given period. What is the purpose of financial statements? They are needed for the analysis of the company's condition by owners, investors, government agencies and other interested parties.

Financial statements of the organization

The financial statements of an organization are divided into the following types: balance sheet, financial performance reports, cash flow statements, and capital change statements. The financial statements of an organization are formed according to established standards.

In modern conditions, automation is used to optimize processes. Special programs allow companies to assess their financial status, forecast income and expenses, and make strategic decisions. We invite you to familiarize yourself with the UCS software.

Financial reporting software

Financial reporting programs from USU can have different capabilities for process management, everything depends on the selected functionality, so you can work with simple functions for analytics, medium and deeper ones.

The financial reporting program from USU will allow you to analyze processes. For example, you can provide automatic data loading from accounting systems or USU can independently perform these functions. Through the platform, you can conduct analytics on the balance sheet, reporting on profitability and losses, capital movement. With the help of the software, you can achieve the identification of trends and dynamics of financial indicators.

Financial Statement Analysis

Financial reporting analysis is related to tracking accounts receivable and accounts payable. And the UCS system will provide the necessary tools in this regard: thus, it is possible to control expenses and incoming income and distribute them by categories. To help the manager, the system can generate various types of management reports. UCS provides functions for analytics and forecasting. For this, the software can conduct calculations based on financial indicators, such as: productivity, performance, turnover, and others.

The software is also configured to forecast cash flows and model according to certain scenarios, so it is easy to conduct risk assessment. Analysis of financial statements can be associated with budgeting and planning. The software provides opportunities for forming budgets for departments and projects. At the same time, timely assessment of deviations of actual data from planned ones will minimize risks. If your company usually works with key financial indicators, then through the software you can conduct their calculations and assessment.

Data visualization and dashboarding capabilities may also be provided. Graphs, charts, tables with analytics, and interactive reports for management will help to deepen the analytics.

Financial data analysis software

The financial data analysis program can be provided with integrations, for example, a connection with banking systems for automatic payment accounting. Data exchange with CRM, ERP and accounting programs can also be established. In the UCS, you can work with automatic reports and notifications, you only need to define the settings.

The financial data analysis program from USU is easy to install on a computer or use by a group of users via a local network. Also, if necessary, the software can be used on a cloud basis, which significantly expands the boundaries for using the platform. This approach can allow branches and departments to use the software.

For users, we have provided convenient settings, as well as an interactive manual. With its help, you can ensure prompt training and work in the system. Also, users can define access rights, passwords and provide the ability to personalize. Upon request, you can get the ability to backup the database. We offer many other options, such as deep business analytics, you can learn more about this from the video review. The universal accounting system will take care of your financial reporting.