Financial Reporting

Control over the period end close. Confidence in the consolidated numbers

Do you rely on a complex web of spreadsheets to manage financial planning and reporting?  Are you using a separate system for financial consolidations? Do your analysts spend more time manipulating data than analysing it?

We have many years experience of delivering fast, robust, accurate Financial Consolidation solutions for our customers. Our solutions deal with massive, complex, multi-national organisations. For some customers, we have dramatically reduced their time from month end to reporting, we have solved complex and changing ownership problems, delivered robust multi-currency solutions and helped finance directors to get back control over the consolidation process. Group Finance staff are released from repetitive, non-productive processes.

Our Financial Consolidation solutions ensure:

  • Control over the period close process
  • Multiple currency ledgers
  • Clear audit trail through to base ledgers
  • Automated adjustments
  • Automated intercompany elimination
  • Automated investment elimination
  • Automated cashflow statements
  • Balance sheet movement analysis
  • Integration with Planning, Analytics and Disclosure

 

Contact Us

As an IBM Gold Business Partner we are proud to have achieved Platinum status for customer satisfaction

 

The move to IBM Cognos Controller on Cloud was a success, we’re now using a modern version of the software and we won’t have to worry about staying current in the future. This not only saves time for our IT team; it also puts us in an even stronger position in terms of auditing and compliance, with support for the latest IFRS standards.

Premier Foods

Before we could move to the cloud, we needed to do a pretty big upgrade to our existing system, including moving to a new consolidation engine. Since Controller is a critical system for Premier Foods, we wanted to mitigate risk during the transition, so we looked for an experienced partner. Aramar is one of the few companies in the UK with Controller expertise—they have dedicated Controller consultants, and they had already helped several other companies migrate to the cloud.

Premier Foods

Aramar’s product knowledge is very extensive.

Anglian Water

Cognos Controller has given us the flexibility to change structures, move companies between sectors, elevate a company or look at trends. This flexibility has been very, very valuable to us

Halma

We have not used a lot of consultancy, it has been a case of learning, experimenting and using Aramar in a mentoring capacity for advice, Aramar are very good at a quick fix, and I feel comfortable to pick up the phone.

Halma

…our finance team can deliver insight to the business faster and more reliably than ever before.

SCC

IBM recommended Aramar as Aramar have experience getting the Cognos products to work together.

Halma

Most of the calls we have raised this year have been resolved within a day and some of them have been quite lengthy.

Anglian Water

We had a vision of distributing dashboards throughout the business on mobile devices, Aramar has enabled us to make that dream a reality. We have turned our data into the rich information we were looking for.

Apollo Fire Detectors

Planning Analytics is working well for us and we have had no issues with it since we switched over. I personally find it much easier to use than the prior version.

eNett International

I liked the ease of the Aramar solution, the professional look for easy reporting. It’s the first solution I have seen that lets us do it all in one place.

Media

I have used Aramar as our IBM Business Partners for a number of years. They have always shown a good understanding of our business needs and what we want to achieve and developed the system and processes to meet those needs.

Acteon

During the pandemic, more than 50% of our employees were classed as key workers, helping to ensure that people got the food and medicines they needed. Accurate planning and forecasting is essential to keep our customers’ vehicles on the road, and Fast Financials from Aramar will play a key role in helping us maintain and improve our service levels as the business grows.

Marshall Fleet Solutions

The most important decision we made on our project was working with Aramar. Their expertise was crucial to delivering on our objectives within such a tight timeframe. And as we continue to build our corporate finance function, it’s great to know that Aramar is always there at our side

Sharp

We have worked with Aramar for a number of years on our IBM systems, including initial IBM Controller system implementation, and subsequent migration of Controller and Planning Analytics to IBM Cloud SaaS which were all successful projects.

Renewable Energy

Whenever we have contacted Aramar for advice they have always been helpful and willing to assist where they can.

Specialised Recruitment

Aramar take all the hassle out of software support. Whether it’s providing the full range of support from training to implementation, development & technical support, to someone to bounce ideas off or sharing the roadmap of upcoming features.

 

Specialised Recruitment

We have a history of working with Armar in the past, which was to a high quality. We’re comfortable with Aramar managing the project and moving the management of our licence to them.

The project outcome was successful, our objectives were achieved plus value-added in the use of Cognos.

Specialised Recruitment

Aramar provided strong guidance for the smooth transition from our On Premise environment to SaaS, which required strong efforts by all parties. 

Specialised Recruitment

Aramar provided alot of support in the communications and the timing of communications, which is key in managing a project with global users with a multitude of other priorities. 

Specialised Recruitment

The approach from Aramar, in terms of planning at the initial stages and through the project, ensured a successful outcome of the project. At no time did we feel left in the dark, or on our own for a project of this magnitude. The support was always on hand. 

Specialised Recruitment

Excellent work by the whole team at Aramar

Your expertise lead to the successful outcome of the project.

Specialised Recruitment

A snapshot of how we work

Our experienced team of professionals implement a host of Planning solutions, here is a clear case study of our budget, plan and forecast capabilities.

Customer: Specialist Computer Centres (SCC), Europe’s largest independant IT group

Issue: Following the sale of their hardware distribution business, SCC moved to strengthen their focus on supplying, integrating and managing technology. The new strategy placed new pressures on their budgeting, forecasting and reporting processes.

SCC relied on a complex web of spreadsheets to manage financial planning and reporting, and used a separate system for our finanical consolidations.  Using such manual methods meant that analysts spent more time manipulating data than analysing it.

SCC needed a much more multi-dimensional approach to financial planning and forecasting that would help them to get the best value out of their new data center investments and acquisitions.

Solution: The existing financial consolidation tool was replaced with IBM Cognos Controller. We then moved on to introducing IBM Cognos TM1 for financial and management reporting. SCC have been working steadily to embed the new approach across their Europe-wide operations, and expand the complexity and scope of our budgeting, planning and forecasting models.

Outcome: Manual processes have become automated and the risk and complexity of relying on spreadsheets has been elimated.  The finance team can deliver insight to the business faster and more reliably than ever before. By providing rapid, accurate insight into company performance, the new financial and operational performance management solutions are helping to drive sharper decision-making.

How can we help you? Enquire today to find out

 

Get in Touch

For any enquiries, please fill in the contact form or contact us via phone or email. We look forward to speaking with you soon.

Call us

0330 124 2797

Email us

contactus@aramar.co.uk

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