https://store-images.s-microsoft.com/image/apps.52548.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.34a661d4-d3b7-4e6d-ba92-e82147fe3bf4

Group Accounting Anomaly Detection (SaaS)

valantic Digital Finance GmbH

Group Accounting Anomaly Detection (SaaS)

valantic Digital Finance GmbH

Comprehensive monitoring tool for all monthly subsidiary closings that are reported to the holding.

This application is available in [english, german]

Situation:

  • When a company expands into new markets or develops new product groups, the structure of the company grows with it as a complex holding structure. 
  • Often groups of companies have hundreds of subsidiaries.

  • Challenges:

  • High manual effort caused by controlling and monitorring numerous entities.
  • Lack of compliance.
  • Prioritization of the issues on which a holding should focus its attention.  

  • Mission:

    Mission is to automate, improve and enhance the quality gates of the group accounting for our customers.
  • Increased transparency to ensure the compliance of internal accounting policies. 
  • Conspicuous increases or decreases of items are immediately detected and reported.
  • Overseeing every financial statement, every financial item and it’s development for each subsidiary.
  • All processing steps are scalable, automated and integrated into one single solution.

  • Offer Description:

  • We provide an end-to-end solution (SaaS) to automatically collect, analyze and detect anomalies.
  • The application is based on Azure Machine Learning and Microsoft Power BI.

  • Target Audience:

  • People involved in activities of CFO-Office, Controller, Accountants.

  • Why Verovis?

  • Verovis is a consulting company and Microsoft Gold Partner, specialized on Advanced Analytics for the Finance/Controlling/Accounting function.

  • Requirements
    • If the source system is SAP, access is needed with the permissions to the relevant tables
    • The extraction of the tables is either conducted by verovis [SAP on Azure - SAP Data Pool] (see "helpful links") solution for fast and scalable ETL processes) with sufficient access or done by the customer itself and stored to the azure blob storage
    • A SQL database for persisting results
    https://store-images.s-microsoft.com/image/apps.26526.851ef1d5-5e7a-42eb-82ed-104f44297fd0.a856cf9c-57cf-4716-bad2-42cc66b3789d.2b092ecb-ffde-4c2e-bf99-74ea57dc0b37
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    https://store-images.s-microsoft.com/image/apps.26526.851ef1d5-5e7a-42eb-82ed-104f44297fd0.a856cf9c-57cf-4716-bad2-42cc66b3789d.2b092ecb-ffde-4c2e-bf99-74ea57dc0b37
    /staticstorage/2f0af84/assets/videoOverlay_7299e00c2e43a32cf9fa.png
    https://store-images.s-microsoft.com/image/apps.30252.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.9b184f38-e98e-44ac-ba28-09e770cf23d9
    https://store-images.s-microsoft.com/image/apps.4773.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.134ab9ac-22bf-4d44-b447-a1ab55968165
    https://store-images.s-microsoft.com/image/apps.31203.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.bf06eb56-1526-4f35-a147-7099573f8088
    https://store-images.s-microsoft.com/image/apps.13209.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.69e2db7c-4e48-49a8-8c1e-3d91f1ee9d11