Here's why companies choose for BrightAnalytics

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.

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.

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.

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”.

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.