Role — Accountant
Built for the accountant, E-Finances automates bank reconciliation, journal entry generation and lease restatement to IAS/IFRS standards — making the books more reliable and speeding up the close, with no re-entry.
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Role
The accountant is on the front line when it comes to the reliability of the books and meeting closing deadlines. Bank reconciliation, matching, journal entries, lease restatement to accounting standards: all repetitive, time-consuming tasks prone to re-entry errors when done manually. E-Finances automates these operations and secures accounting restatement, for a faster, more reliable close.
Modular solution
Automatic bank reconciliation: statements are matched against accounting entries, with no manual checking.
Matching and automatic generation of accounting entries from payment-invoice correspondences.
Restatement of leasing and finance leases to IAS/IFRS standards, with automatic amortization schedules and pre-configured entry templates.
Calculation audit, group scope management and component allocation — for a reliable, traceable restatement.
Definition
By connecting bank statements to accounting, software like E-Finances automatically matches transactions with entries (E-Rappro), generates journal entries and matching (E-Allocation & Posting), and restates leases to IAS/IFRS standards (E-Lease). The accountant eliminates re-entry, reduces errors and speeds up the close.
Real-world example
Case study
Situation
The accountant manually checks statements from several banks, enters journal entries and calculates lease restatement in a spreadsheet — a long process, exposed to errors during the closing period.
With E-Finances
Reconciliation is automated (E-Rappro), journal entries and matching are generated automatically (E-Allocation & Posting), and IAS/IFRS lease restatement is calculated with automatic amortization schedules (E-Lease) — the close becomes more reliable and shorter.
Client testimonial
« E-Finances perfectly meets our expectations when it comes to centralizing and securing all of our financial flows. »
Automated reconciliation, journal entries and IAS/IFRS restatement: E-Finances simplifies the accountant's daily work and secures the close, available as SaaS or on-premise license.