Axway Accounting Integration Suite (AI Suite)

General Ledger Integration

Easily propagate accounting and financial data

• Simplify mergers and acquisitions and speed time to market by integrating new business models, processes, products or ERP systems 
• Create GL postings, leverage sub ledger accounts, meet Basel II requirements by populating GL, reporting and risk systems 
• Manage and maintain global accounting schemas, define centralized Chart of Account and Accounting rules
• Meet international accounting standards requirements (such as IFRS), create multi-GAAP postings, guarantee data consistency through a single data source
• Act local by enabling by-country supervision, reconciliation of local and other GAAPs and compliance with local regulations

Accountants create accounting rules to automatize accounting tasks

Easily define and simulate financial rules, including T presentations of double-entry accounting postings

• Benefit of process automation by delegating transformation to an engine
• Accelerate financial close process (fast close) by leveraging AI Suite performances
• Adapt faster to business and regulation changes by adding or updating rules
• Automatically generate audit trails and provide transparency
• Ready for international business by supporting multiple currencies and format
• Create single place of truth by centralizing all your accounting rules
• Increase agility and readability of your accounting processes through automatic documentation

Exception handling

Easily make end-of- month adjustments to provisions and accruals, and check, manually amend, and recycle events rejected by the system

• Model workflows and dashboards to orchestrate and supervise the recycling process
• Avoid the black box issues. View, correct, enhance, and recycle business data that flows between applications
• Secure and trace transactions with an audit-compliant record of who did what, when, where and how
• Get proactive alerts when a translation error is detected
• Set permissions to control access to the logical views and controls associated with business data flows

Audit with ease

Detailed reporting and secure visibility into easy-to-query audit trails. Audit business transactions from the time they are initiated to the time they are posted to accounting and risk systems

• Control and justify any data delivered to target financial systems through easy to use query tool 
• Master the big data and navigate through audit trails up to terabytes in size using intuitive parent/child queries
• Maintain balances and history of accounts, and respond to specific requirements with the AI Suite Datastore
• Create, publish and share 

Monitor and anticipate

Improve visibility and management of the financial and accounting data production

• Visualizing the operational process in real-time helps you correlate, optimize and take action
• Monitor the process of transforming  and posting data to the financial systems and identify potential discrepancies
• Benchmark performance over time to optimize operations for shorter closing times
• Achieve real-time visibility using advanced functions to build daily controls and visibility over the detailed production of data
• Monitor each step of the data transformation process to measure performance
• Anticipate potential impact of exception handling on the closing dates and take appropriate actions

AI Suite leverages Axway AMPLIFY

Accounting department leverages an Hybrid Integration Platform for maximum efficiency