FINATO F&A Automation Platform
by Datamatics Global Services Ltd
Modular Approach to CFO Backoffice Transformation – That’s FINATO
Datamatics FINATO is a smart, simple, and intuitive digital platform for end-to-end CFO Backoffice Automation. It is designed to jumpstart ubiquitous digital adoption in capital-intensive businesses. It takes a “digital-first” approach that seamlessly integrates with cloud and on-premise business systems to power a digitally-enabled vendor-business-customer ecosystem.
Datamatics FINATO is a cutting-edge Finance and Accounting Digital Transformation Platform that takes a modular approach while enabling businesses to re-engineer legacy platforms in a step-wise manner. It brings to the table Automation and AI/ML capabilities allowing them to harness the best of both worlds. FINATO enables finance automation across procure to pay, order to cash, and record to report space. It also allows building a foundation for financial planning and analysis.
Datamatics FINATO has four main modules –
· Procure-to-Pay (P2P) – It offers a highly configurable procure-to-pay environment. It includes supplier onboarding, procuring, automated invoice processing, and real-time reporting.
· Order-to-Cash (O2C) – It offers an automated order-to-cash space. It includes credit scoring, smart workflow management, billing, and collection management.
· Record-to-Report (R2R) – It offers comprehensive automation in the record-to-report space. It encompasses journal entries, closures, reconciliations, and real-time reporting.
· Financial Planning and Analysis (FPnA) – It offers an automation platform for improved financial control, forecasting, budgeting, and tracking key performance indicators.
Datamatics FINATO Differentiators
· Unique template-free approach
· Automated workflow management
· AI/ML-powered digital platform
· Auto-validations, checks, and controls
· Real-time 360-degree visualization
· Customization and dynamic configuration
· Cloud-based platform adapted to multi-cloud
· Multi-skilled bots for a digital ecosystem
· End-to-end automation with audit trail
Product videos
· Invoice Processing powered by FINATO
· Contract Management powered by FINATO
· Vendor Portal Solution powered by FINATO
· Order to Cash (O2C) and Record to Report (R2R)