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Average Ratings 0 Ratings
Description
Tensoft’s MNC solution enables organizations to integrate financial data from various sources, thereby offering a comprehensive view of financial information across the enterprise, regardless of currency or geographic area. The accompanying graphic on the right demonstrates the functionality of Tensoft MNC, showcasing subsidiary companies at the base along with their respective currencies. This product effectively consolidates data from these subsidiaries, translating and aggregating it into a unified Dynamics GP Company. Both local currencies and the designated reporting currency are included in this process. By thoroughly understanding your multinational needs, you can effectively design your financial framework to optimize month-end reporting and everyday transactions. The pyramid on the left further illustrates how Tensoft MNC maximizes its advantages, emphasizing its pivotal role in financial management across diverse locales and currencies. Ultimately, leveraging Tensoft MNC can lead to enhanced clarity and efficiency in an organization’s financial operations.
Description
IFRS reporting consists of numerous indexes, which you will input in a user-friendly tabular format. This approach guarantees uniformity in the reporting process while also providing software-generated notes. Beyond mere numerical data, IFRS reporting encompasses various textual explanations as well. We have compiled all necessary information to be included in the reports. To modify the finalized reports, adjustment entries can be seamlessly made. These entries follow an intuitive method akin to accounting software (debit/credit). The system automatically logs these entries across all international reporting templates. Consequently, you achieve full international reporting that adheres entirely to IFRS standards. If you prepare statements in a local currency and wish to convert them to another currency, such as from U.S. dollars to Euros, simply entering the exchange rate will suffice; the software will then calculate any exchange differences and present them accurately in your statements. This efficient system not only simplifies the reporting process but also enhances accuracy and compliance across all financial statements.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$165.00/year
Free Trial
No
Free Version
Yes
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
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Tensoft
Founded
1996
Country
United States
Website
tensoft.com/tensoft-multi-national-consolidation/
Vendor Details
Company Name
ReadyRatios
Country
Russian Federation
Website
www.readyratios.com
Product Features
Financial Reporting
"What If" Scenarios
No
Audit Trail
No
Balance Sheet
No
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
No
Income Statements
No
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No
Product Features
Financial Reporting
"What If" Scenarios
No
Audit Trail
No
Balance Sheet
Yes
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
No
Income Statements
Yes
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No