Flash Balance Sheet

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Financial Institutions are under ever-increasing pressure from regulators to improve the reliability, relevance and transparency of their financial reports. These reports need to be produced in a shorter space of time, while maintaining the same levels of reliability. Despite this our data often remains stored on incompatible and inflexible management systems and programmes, making it both time consuming and labour intensive to produce flash financial reports – restricting business leaders’ overall visibility of exposure.

To help this, Project Brokers has developed a QlikView application which provides organisations with unparalleled insight into their operations, allowing them to leverage up-to-date, balanced scorecards and dashboard key performance indicators (KPIs).

By bringing together different, segregated systems through our QlikView application, organisations can simplify their financial reporting and compliance with SOX, GAAP and IFRS as well as providing clear snapshots of the bank’s financial standing prior to the month end results. Moreover, with the ability to easily construct “what if?” scenarios, evaluate new business opportunities and assess the performance of business lines, the application enfranchises organisations through powerful and simple analysis, allowing end users to make data-driven decisions and thus have greater control.

Through the collation of numerous reports into a single interactive dashboard, our QlikView application not only reduces manpower requirements and time to produce reports but collectively displays data in ways never seen before.

The overall quality of data is also improved as business leaders are able to quickly spot anomalies in the Flash Balance Sheet reports.  This Results in any discrepancies being reconciled prior to running the final end of month Balance Sheets.

Our Flash Balance Sheet can help you to:

• Improve visibility and execute greater control over your assets
  
  
• Increase the frequency of meaningful reports
  
  
• Deliver fast turnaround reducing the time spent on producing and amending reports
  
  
• Provide detailed breakdown of Financial data
  
  

• Improve quality of data

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More Information

To organise a demo, or for more information about how Project Brokers can help with your financial reporting requirements, please get in contact: enquiries@projectbrokers.com

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