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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Greatwill is a Finnish software solution designed specifically for the creation of consolidated financial statements in compliance with the Finnish Accounting Act (FAS, Finnish GAAP). It simplifies the consolidation process by organizing it into group events, where each event corresponds to a concise form, allowing for the automatic generation of elimination entries, reconciliations, and the consolidation worksheet based on the information provided in these forms. Each group event has its dedicated form, which includes scenarios such as founding and acquiring a subsidiary, managing intra-group income and expenses, handling receivables and payables, accounting for unrealized margins in both inventory and fixed assets, processing intra-group dividends, and addressing translation differences for foreign subsidiaries. Additionally, the software manages minority interests, facilitates the transfer of depreciation differences and tax-based reserves to equity along with deferred tax considerations, and incorporates equity-method accounting for associates, as well as transactions involving the sale or merger of a subsidiary. Importantly, each form is streamlined to request only the necessary information, while automatically managing aspects like exchange rates, tax implications, and minority shares to enhance efficiency. This comprehensive approach not only saves time but also reduces the likelihood of errors in financial reporting.

Description

Novatti is a leader in digital banking and payments. Its fintech, billing and business automation platforms make payments quick, easy, and secure. Our payment services include card issuing and merchant acquiring, as well as payment processing and settlements. This allows our customers to prosper in a cashless world. Novatti has all required regulatory licences and registrations. This includes an Australian Financial Services Licence (No. 448066) through subsidiary Flexewallet Pty Ltd. Also, New Zealand registration as a Financial Services Provider (FSP613789) through subsidiary Flexewallet (NZ) Limited. It is also registered with AUSTRAC and registered as a Remittance Network Provider. APRA has requested a restricted banking license through its subsidiary Novatti IBA Pty Ltd.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Freemarket No 

Integrations

Freemarket Yes 

Pricing Details

$3,500/year
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Greatwill Oy

Founded

2024

Country

Finland

Website

greatwill.fi

Vendor Details

Company Name

Novatti

Founded

2015

Country

Australia

Website

novatti.com

Product Features

Product Features

Payment Processing

ACH Check Transactions No 
Bitcoin Compatible Yes 
Debit Card Support No 
Gift Card Management Yes 
Mobile Payments Yes 
Online Payments Yes 
POS Transactions Yes 
Receipt Printing No 
Recurring Billing No 
Signature Capture No 

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