Ocra Consolidation - Key benefits

Ocra* is a compelling solution designed specifically to help multicompany and international organisations deliver group reporting and accounting more quickly, simply and consistently. It offers a number of significant benefits:

• Speed – it is quick to implement, easy to integrate and offers a rapid return on investment.
• Efficiency – it delivers faster, more accurate consolidation. This helps you to report on time and releases financial staff, at all levels, to spend more time on value-added analysis instead of unproductive manual processing.
• Versatility – its range of functions, together with the flexibility of its design and structure mean that Ocra can support your management reporting requirements – regardless of business complexity or geography.
• Transparency – the database is structured to deliver fast and powerful inbuilt reporting, drill-down and analysis. This ensures not only clear visibility of the consolidated figures but also the ability to understand and interrogate the data stored at each stage of collection.
• Confidence – it is designed around embedded rules, procedures and techniques that have been exhaustively used, verified and refined to ensure best practice is followed and consistency achieved.
• Convenience – various tasks can be planned and run by the scheduling module, removing the need to set these in motion manually each time.
• Accessibility – data is held securely in a central repository, rather than in distributed sites, ensuring shared, but controlled, access to consistent, reliable data.
• Reliability – it is designed and built with a focus on quality that successfully minimises the level of support needed by customers.
• Scaleability – Ocra’s architecture also makes the product highly scaleable; from one user to many hundreds, Ocra grows with you as your business evolves.
• Integration - it integrates with ERP and finance systems.
• Control - it allows planning, execution and monitoring of the consolidation steps across the organisation.

• Read more about Ocra Consolidation - Key features
• Read more about Ocra Intercompany Netting and Cash Planning Tools

Further information