Here's why companies choose for BrightAnalytics

First, we’d like to acknowledge the team at Sigma Conso. Just like we did, they saw a problem in the market and built a solution for consolidated reporting.

Ready to learn more about BrightAnalytics as an alternative to Sigma Conso?

Find out below!

Find out why companies choose for BrightAnalytics 

1. Consolidated reporting

Different entities, accounting packages, currencies and different financial years? The differences are correctly smoothed out to ensure a clear and reliable consolidated reporting.

Consolidation entries as well as extra-accounting entries are possible in our consolidation tool. These are entered into the system, for example as goodwill amortization, and are, naturally, not written back to the source data.

Scherm­afbeelding 2023 10 11 om 11.36.17

2. Eliminate Intercompany transactions

The consolidation tool that is part of the financial module automatically detects intercompany entries and visualizes these intercompany differences in a clear smartmap.

Intercompany eliminations are performed automatically with the click of a button. When IC eliminations do not balance to zero, we provide an intercompany matching tool, in which you can identify any missing bookings in a matter of seconds. No more wasting time trying to find errors in your accounting packages.

intercompany transactions

3. Multi-currency Conversion

BrightAnalytics effortlessly handles multi currency environments, enabling you to consolidate financial data from across the globe seamlessly. Whether you operate in euros, dollars, yen, or any currency, our platform ensures accurate and consistent currency conversion.

Via a direct link with the ECB, real-time exchange rates are automatically included in the platform and booked on the balance sheet like it should be processed, helping you make informed decisions.

4. Perfectly tailored towards your business

The BrightAnalytics platform is a layer on top of your systems (accounting system(s) / ERP / CRM / ATS /etc.). The platform directly connects with these systems, which allows you to shift focus from gathering to analyzing data and generating valuable insights.

All the logic is already embedded in the platform so you can start automating your reporting straight away. The three modules of BrightAnalytics aggregate all financial and operational data into transparent and user-friendly dashboards, providing you a 360° overview of the entire organization.

Aaro alternative - The reporting modules of BrightAnalytics: financial reporting, cash reporting, and operational reporting

5. Seamless data integration

BrightAnalytics ensures that the data on the platform is always 100 % compliant with the source system (accounting, ERP, or CRM package). The built-in health check makes sure  that there are no discrepancies between what is reported and what has been booked. If you for example create a new GL account in your software package, you will receive an email notification that mapping is needed to the correct P&L structure.

Have we mentioned we connect to any system (both cloud-based or on-premise systems)? Today, we have over 250 integrations available. If your software package is not on that list, we pride ourselves with the fact that we can create the connector in a matter of days – it’s just what we do.

BrightAnalytics synchronizes the data every night between your source system and the platform, so you always look at the most recent data available. In closing periods, you even might want to do this several times a day to check the final result based on the last accounting entries. Just hit “refresh”.

spinneweb integraties

 

6. Tailor-made business rates

At BrightAnalytics, we recognize that every business is unique. We map out the size and complexity of the company as well as the specific needs in order to provide the optimal management reporting solution.

Our pricing model is designed to provide transparency allowing you to choose the plan that aligns perfectly with your organization’s requirements. To explore our pricing plans in detail and discover the right fit for your business, visit our pricing page

 

 

 

 

 

“The accounting packages of our foreign branches with other currencies were quickly integrated.”
– Gilles Desmet, Product and Finance
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Our team is here to provide you with a personalized and outstanding service.

  • What is BrightAnalytics?

    BrightAnalytics is the most intuitive, reliable and fast management reporting platform that covers all needs on management reporting and consolidation.

  • How does BrightAnalytics work?
    1. Connect: BrightAnalytics connects with accounting, ERP and CRM systems, and centralises all data in the BrightAnalytics platform.
    2. Report: The standard templates in BrightAnalytics are immediately ready for use, but can be fully tailored to suit one’s needs.
    3. Analyse: The management reports and dashboards offer a wealth of information and immediately provide clear insight into the figures of the entire organisation.
    4. Engage: The clear reports contribute to a better streamlined business strategy and execution, and ensure transparency within the company.

  • How do I connect BrightAnalytics to my package?

    This is only possible after contacting one of our customer success colleagues. They create the bridge between customer and business analysts, ensuring that the connection between your packages runs smoothly.

  • Who is BrightAnalytics?

    BrightAnalytics is a dynamic, forward looking scale-up. It is our goal to help as many companies as possible to accelerate their growth by providing transparent insights into their company’s corporate performance. To this end, we automate the complex reporting processes of your financial, operational, and cash figures. So that you can keep track of the latest changes, and grow in a faster, but controlled, way.