When TARGIT brought ACI into the global TARGIT family, we were particularly excited about making ACI’s signature service, Automated Financial Reporting (AFR), a part of TARGIT’s offering to our current and prospective customers.
What is AFR?
You can structure reports according to your organization’s needs. For example, sort and filter by entities such as accounts, stores, departments, and more. These can include predefined relative date groups for convenient reporting, such as YTD, MTD, and Rolling 12.
They can also include actual and budget amounts as well as other custom measures based on customer's needs, such as employee headcount, financial ratios, prior year, prior month, and so on.
Automatically provide up-to-date financial statements to operations and financial personnel. There are no manual or extra steps required by accounting to provide statements that are automatically updated daily. Data access can be limited based on user roles for added security and governance.
AFR makes it possible to quickly drill from summary levels down to specific entities, such as Accounts, Departments, Stores, Divisions, etc., and even drill down to general ledger document details. When tracking down a problem, you can drill to see document-level detail about vendors and customers. This means that your analysis just got a lot easier.
AFR provides a single solution that can accommodate both casual users who just need to open and review a defined report to advanced users who need to do more ad-hoc research.
Perform most financial analysis from one tool in a timely fashion.
Without AFR, retrieval and presentation of data must be compiled manually.
Users get the information they need without access to the financial system, and they no longer burden IT staff for queries against the transaction system.
AFR provides data that has traditionally not been available because of difficulty in identifying data relationships and disparate sources.
AFR has helped many dealers migrate from one general ledger to another. The migration is seamless to end-users despite significant changes to underlying processes and source data. Cubes, reports, and functionality remain the same, which minimizes any additional training costs.
AFR’s modern dashboards allow executives and managers to view and track KPIs and get instant access to financial and operational metrics and company performance overall with just one click.