Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Comparing financial data from year to year can reveal significant trends and underscore the necessity for timely interventions. The analysis of trend ratios is particularly effective when coupled with VentureLine's five-year accounting ratios and a common size analysis approach. By examining different time periods, the strengths or weaknesses in a company’s performance become clear. VentureLine's tools for cross-sectional financial analysis allow for comparisons between industry financial ratios and any specific company, or even between two firms operating within the same sector. Financial analysts frequently recommend the most efficient method of cross-sectional analysis, which involves juxtaposing a company's financial ratios and common size percentages against those of the industry in which it operates. A valuable technique for uncovering potential issues within a business is the preparation and examination of common size financial statements, which present account balances as percentages rather than absolute dollar values. This method facilitates a clearer understanding of relative performance and can help identify areas requiring improvement.
Description
Since 2007, financial institutions have been mandated to submit reports that adhere to the COREP and FINREP taxonomies using the XBRL standard. With the introduction of these regulations, numerous banks in Poland encountered significant difficulties. Not only were the reports challenging to compile, but there was also a notable absence of effective tools to assist in the management and preparation of XBRL reports. In response to this predicament, we collaborated with GPM Systems Sp. z o.o. to develop an application designed to facilitate the creation and management of these required filings in accordance with the XBRL format. The aSISt application effectively conceals the intricate technical aspects of XBRL behind an easy-to-use interface, greatly streamlining the filing process for users. The interface offers forms resembling Excel spreadsheets, enhancing the application's user-friendliness. Furthermore, the filing preparation has been distilled into four straightforward steps. aSISt is equipped to manage reporting periods and taxonomy versioning, ensuring that each report adheres to the appropriate version of the taxonomy selected. Additionally, this innovative solution not only improves efficiency but also helps banks maintain compliance with regulatory requirements.
API Access
Has API
No
API Access
Has API
No
Integrations
Ansible
No
CircleCI
No
Docker
No
GitLab
No
Jenkins
No
Jira
No
Kubernetes
No
PhpStorm
No
Slack
No
k6
No
Integrations
Ansible
Yes
CircleCI
Yes
Docker
Yes
GitLab
Yes
Jenkins
Yes
Jira
Yes
Kubernetes
Yes
PhpStorm
Yes
Slack
Yes
k6
Yes
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
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
VentureLine
Website
www.ventureline.com
Vendor Details
Company Name
FINGO
Website
www.fingo.pl/en/experience/asist/
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
Yes
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