Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
We created Iridium BI because we recognize that law firms are entitled to superior business intelligence solutions compared to what they currently experience, including enhanced cubes, improved dashboards, greater value, and exceptional service. With Iridium BI, law firms gain access to customizable high-performance cubes and dashboards tailored to their specific business needs. Our dashboards are designed around the principle that every value presented should be linked to a specific objective. In developing Iridium BI, we have discarded conventional architectures and methodologies, introducing groundbreaking components that deliver outstanding performance and functionality. Additionally, the Iridium BI GL module offers a comprehensive business intelligence solution for analyzing and reporting on general ledger and accounts payable sub-ledger data, complete with the ability to drill down into journal entries. This empowers firms with role-based dashboards that effectively summarize overall performance and financial status, ensuring that decision-makers have the insights they need at their fingertips.
Description
To initiate a reconciliation, one should start by examining the closing balance of the General Ledger in comparison to the sub-ledger or other pertinent documents, which may include bank statements or third-party records. Any discrepancies identified between these sources must be thoroughly investigated, measured, and resolved whenever feasible by making the necessary adjusting entries in either the general ledger or sub-ledger. It is also essential to document any anomalies as reconciling items to maintain transparency throughout the process. Ultimately, the balances should align perfectly and be substantiated with all accompanying documentation linked to the reconciliation. The review process is crucial for confirming the completeness of the reconciliation, and incorporating an additional approval layer can enhance confidence in its accuracy. Moreover, establishing a robust framework along with a standardized process can significantly streamline and enhance the efficiency of the reconciliation process at the end of each month. This not only fosters consistency but also aids in identifying potential issues much earlier in the cycle.
API Access
Has API
No
API Access
Has API
No
Integrations
BigHand Business Intelligence
No
BigHand SmartTime
No
Pricing Details
No price information available.
Free Trial
No
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
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Iridium Technology
Founded
2009
Country
United States
Website
www.iridium-technology.com/iridium-product-family/
Vendor Details
Company Name
RecWise
Founded
2017
Country
Australia
Website
www.recwise.com
Product Features
Business Intelligence
Ad Hoc Reports
No
Benchmarking
No
Budgeting & Forecasting
No
Dashboard
No
Data Analysis
No
Key Performance Indicators
No
Natural Language Generation (NLG)
No
Performance Metrics
No
Predictive Analytics
No
Profitability Analysis
No
Strategic Planning
No
Trend / Problem Indicators
No
Visual Analytics
No
Product Features
Audit
Alerts / Notifications
No
Audit Planning
No
Compliance Management
Yes
Dashboard
Yes
Exceptions Management
Yes
Forms Management
No
Issue Management
No
Mobile Access
No
Multi-Year Planning
No
Risk Assessment
Yes
Workflow Management
Yes