Home Contact Us Site map
 
 

FINANCE PROCESS AUTOMATION

Most finance departments rely on spreadsheets extensively. Although aFinance process automation spreadsheet is a very handy tool, over-reliance on spreadsheets and manual number crunching makes the finance organization unproductive. There is usually a fair amount of data redundancy, duplication of effort, errors, inaccuracies and reliability issues surrounding use of spreadsheets. Many finance departments use excel on a regular basis as part of their routine activities like monthly closing and reporting.

With the ever increasing amount of data and processes, excel spreadsheets tend to grow in size and complexity in terms of the number of formulas and if-then-else statements or v-lookup statements or links to other spreadsheets. Such complex spreadsheets increase the risk of generating unreliable information and the potential for inadvertently changing a formula or deleting a cell increases exponentially especially with a new user.

Many finance professionals are not trained in advanced excel techniques like using excel macros to automate and schedule routine processes. Such automation has the potential to drastically reduce employee overtime, inadvertent errors and at the same time reduce costs. The reliability for reported data increases dramatically and the finance organization transforms themselves from data aggregators to information analysts.

Most organizations would prefer to enter data only once and then expect their systems to be integrated such that all subsequent data requirements are shared and handled automatically behind the scenes without having to re-key the data a second or third time.

It is frustrating to maintain the same employee information in the administration department, HR department, Payroll department as well as the Finance Department, each version presenting a slightly different version of the truth. It is possible to share information through the organization instead of maintaining multiple versions of the same information. Automate your business processes and report with confidence with custom solutions provided by Halogen. Spend time understanding your business and making decisions instead of massaging endless data. Enable you finance staff to work smarter and unlock value for your business.

     
 
 
Consulting Services
Our finance consulting practice has been setup to service the needs of companies based in the Americas and Europe as well as Singapore...
    » read more...
Outsourced Transaction processing Outsourced Transaction
processing

Lower your business costs with efficient and accurate outsourced transaction processing. Quality, reliability and accuracy guaranteed.
    » read more...
Data Migration Data Migration Service
Reduce system downtime and switch to your new systems on time. Migrate your data quickly and accurately.
  » read more...
Finance process automation Finance process automation
Automate routine and repetitive tasks with process automation techniques. Let us show you how.
  » read more...
Database Integration Database Integration Services
Truly integrate your Finance, HR, Production and other systems to share data electronically. Let us show you how.
  » read more...
Reporting Reporting
Speed up your reporting process. Retrieve your data directly from your source database and eliminate redundant data entry.
  » read more...
Control environment review and gap remediation Control environment review
and gap remediation

Control environment review and
assessment. Protect your organization against possible fraud and misappropriation.
  » read more...
Compliance Solutions(Sarbanes Oxley) Compliance Solutions
(Sarbanes Oxley)

Pass Sarbanes Oxley testing and compliance with confidence. Document your processes and controls.
  » read more...