With OneSumX Ledger Accounting, which forms part of OneSumX for Finance, teams receive a single system with up to near real-time financial data in a scalable architecture. The accounting process is regrouped, streamlined and automated, bridging data from finance and business to provide transparent and accurate information to key stakeholders.
OneSumX Finance breaks down finance, risk and compliance silos by unifying and centralizing all data and processes in a single system of record. It brings this all together on one platform, serving finance, risk and reporting. Teams can facilitate, consolidate and unify finance data as the one source of truth for your firm's end-of-period.
Key functionality of the solution enables teams to:
Reconcile granular business and accounting data
Support multiple entities, currencies, and GAAPs
Receive an unmatched level of detail
Regroup and streamline accounting
Provide fast and reliable financial and regulatory reporting
Support financial instrument accounting
Receive an immediate link from finance to risk, ALM, and regulatory reporting