DataClarity UniFi™ is a powerful financial consolidation system that deliver a portfolio of financial results, extend core consolidation capabilities, and provide an integrated business intelligence platform for financial and management dashboards and reporting. UniFi™ is an IFRS and GAAP compliant solution that consolidates global reporting and analysis in a single application. Built on the IBM Cognos TM1 performance management platform, UniFi™ is a comprehensive, solution that offers power and flexibility for streamlined, best-practice financial reporting and consolidation.

UniFi™ provides out of the box financial consolidation capabilities such as multicurrency translations, minority interest holdings, intercompany eliminations, closing adjustments, management adjustments, allocations, advanced formula calculations, and multilingual consolidated financial reporting. UniFi™ enables an integrated financial management process with strong data collection and validation capabilities, robust finance controls, automated and standardized processes, and comprehensive audit trails.

With UniFi™, finance organizations can prepare financial information and analyze, investigate and understand it in a centralized, controlled, compliant environment. The solution combines ease of use with functionality that facilitates full compliance and provides depth in consolidation and reporting. All of this can be done without IT assistance.

Key Benefits

• Prepare financial information in a centralized environment for accurate, auditable financial results, and end-to-end control of the close process.
• Consolidate thousands of accounts into a common chart-of-accounts structure.
• Streamline the financial close and reporting cycle.
• Evaluate results for multiple countries, currencies legal entities, and legal structures.
• Give comprehensive and timely insight into critical financial processes.
• Gain better control of financial results with automation and self-service reporting, dashboarding, and analysis.
• Provide an enterprise view of key financial ratios and metrics.
• Improve financial and compliance performance and operational efficiency.
• Better control risk with extensive audit trails.
• Enable finance organizations harness the complexity of data and gain insight for better performance management.
• Meet the needs of managers and regulators with pre-configured, standard reports, and dashboards.
• Support better financial reporting with consolidated management data based on a clear link between statutory and management consolidation.
• Enhance collaboration across organizational boundaries on a single platform that optimize efficiency of financial processes.
• Ensure shorter implementation times and a low total cost of ownership.
• Enable full integration with enterprise planning, budgeting and forecasting applications.
• Deliver financial reports enterprise-wide through integration with IBM Cognos TM1 and IBM Cognos Business Intelligence.

Next steps

Contact us today to learn how UniFi™ can be tailored to meet your particular requirements – you can complete the form or call us at 877-454-4898, and we would be delighted to consult with you and make specific recommendations.