https://store-images.s-microsoft.com/image/apps.52548.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.34a661d4-d3b7-4e6d-ba92-e82147fe3bf4

Group Accounting Anomaly Detection (SaaS)

by valantic Digital Finance GmbH

Comprehensive monitoring tool for all monthly subsidiary closings that are reported to the holding.

This application is available in [english, german]

Situation:

  • When a company expands into new markets or develops new product groups, the structure of the company grows with it as a complex holding structure. 
  • Often groups of companies have hundreds of subsidiaries.

    • Challenges:

  • High manual effort caused by controlling and monitorring numerous entities.
  • Lack of compliance.
  • Prioritization of the issues on which a holding should focus its attention.  

    • Mission:

    Mission is to automate, improve and enhance the quality gates of the group accounting for our customers.
  • Increased transparency to ensure the compliance of internal accounting policies. 
  • Conspicuous increases or decreases of items are immediately detected and reported.
  • Overseeing every financial statement, every financial item and it’s development for each subsidiary.
  • All processing steps are scalable, automated and integrated into one single solution.

    • Offer Description:

  • We provide an end-to-end solution (SaaS) to automatically collect, analyze and detect anomalies.
  • The application is based on Azure Machine Learning and Microsoft Power BI.

    • Target Audience:

  • People involved in activities of CFO-Office, Controller, Accountants.

    • Why Verovis?

  • Verovis is a consulting company and Microsoft Gold Partner, specialized on Advanced Analytics for the Finance/Controlling/Accounting function.

    • Requirements
    • If the source system is SAP, access is needed with the permissions to the relevant tables
    • The extraction of the tables is either conducted by verovis [SAP on Azure - SAP Data Pool] (see "helpful links") solution for fast and scalable ETL processes) with sufficient access or done by the customer itself and stored to the azure blob storage
    • A SQL database for persisting results

    At a glance

    https://store-images.s-microsoft.com/image/apps.26526.851ef1d5-5e7a-42eb-82ed-104f44297fd0.a856cf9c-57cf-4716-bad2-42cc66b3789d.2b092ecb-ffde-4c2e-bf99-74ea57dc0b37
    /staticstorage/linux/20241115.2/assets/videoOverlay_7299e00c2e43a32cf9fa.png
    https://store-images.s-microsoft.com/image/apps.30252.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.9b184f38-e98e-44ac-ba28-09e770cf23d9
    https://store-images.s-microsoft.com/image/apps.4773.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.134ab9ac-22bf-4d44-b447-a1ab55968165
    https://store-images.s-microsoft.com/image/apps.31203.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.bf06eb56-1526-4f35-a147-7099573f8088
    https://store-images.s-microsoft.com/image/apps.13209.851ef1d5-5e7a-42eb-82ed-104f44297fd0.773c4da7-4325-499f-8014-b02d3d688d6f.69e2db7c-4e48-49a8-8c1e-3d91f1ee9d11