PRODUCTS

Fixed Asset Reconciliation

Accounting Fixed Assets Across Multiple Standards like IFRS, INDAS, GAAP at the same time

THE PROBLEM

  1. 1. Rules across standards on Fixed Assets Accounting differ from standard to standard.
  2. 2. Calculations are tedious and doing it manually takes time, is inaccurate and inconsistent.
  3. 3. Data on Fixed Asset can come from multiple sources; Is in different formats; Is Voluminous.

THE SOLUTION

  1. 1. DataTwin Platform enables you to perform calculations based on different standards and all at the same time.
  2. 2. Calculations can be done automatically and is accurate, consistent and fast.
  3. 3. Smart recommendations for reconciling the complex scenarios.

OUTCOMES

  • – Time to Calculate reduced by 95%.
  • – Financial Risk reduced by 20%.

©2022 DataTwin. All rights reserved