
A PwC India Product
Financial Statements Assistant is a solution that helps organizations meet their financial reporting requirements with a flexible technology -CCH Integrator TM (a Wolters Kluwer access-controlled web-based platform) which is supported by the knowledge of accounting and tailored for the business needs.
Challenges
Disaggregated data sources
Manual intensive processes
Lack of visibility, transparency, and access
Pressure to reduce/control
The complexity of Indian reporting requirements
Key Features
Real time output in word or pdf (printable version)
Enhanced data privacy and security
Key Benefits
Greater visibility and governance
Standardization of structured and unstructured data
Efficient use of internal resources
Flexible and scalable solution
Controlled compliance costs
Accelerated digitisation and reduction of manual processes an important step towards finance digitisation
Indicative Commercial Model
The commercial will be based on the following:
- Type of financial statement( standalone, consolidated)
- Implementation fee (one time)
- Annual statements preparation fee (per entity)
The commercials would also depend on the level of complexities of the operating entities as well as the total number of non-operating entities for each engagement.
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