An innovative approach to forming consolidated reporting under IFRS, integrated business planning, and budgeting promises to change the rules of the game in the region.
We have become the official reseller of Numa software in Kazakhstan and Uzbekistan!
We are confident that this collaboration marks a new era in the field of automating tasks for planning, budgeting, and forming consolidated reporting in accordance with international standards. This partnership will allow local companies to obtain for the first time a fully integrated solution for financial planning, accounting, and reporting, including complex IFRS standards and the consolidation process, using a solution based on advanced IBM technologies, including IBM Planning Analytics and IBM SPSS. These tools will provide a unique opportunity for automation and optimization of financial accounting and reporting.
Simplifying IFRS: The implementation of Numa IFRS 9 (a solution based on IBM Planning Analytics technology) promises to significantly simplify the process of complying with IFRS 9 standards, including full-fledged models for calculating PD, LGD, ECL.
Automation of consolidation under IFRS: Numa Consolidation, a comprehensive solution for financial consolidation under IFRS, will minimize errors and speed up the process of preparing consolidated reports.
Improved budgeting and planning: With the Numa Profitability / Activity Based Costing solution, companies will be able to more effectively form plans and budgets and adapt them to changing market conditions.
Specialized solutions for the hydrocarbon industry: Numa Hydrocarbon Financial Analytics will provide companies in the extractive industry with deep analysis and transparency of financial flows.
Numa Solution is a Malaysia-based company that has been implementing IBM tools since 2003. The company develops its own line of pre-configured solutions for financial planning and consolidation of financial reporting based on advanced IBM technologies, including IBM Planning Analytics and IBM SPSS.
