Zap Controller

Overview

Financial Consolidation software - Financial Reporting software

Financial consolidation software screenshot

Zap Controller is a web-based financial consolidation software solution that enables financial reporting and provides a central foundation for storing, analysing and reporting on financial data. It allows finance departments to move away from time-consuming and error-prone manual spreadsheets, and gain speed and confidence in financial reporting. Zap Controller helps finance departments to report and analyse results across multiple countries, currencies, and legal entities, while retaining the accounting policies of each entity.

Benefits to your business

With Zap Controller, you can:

  • Consolidate multiple views of your business, from legal, tax and management perspectives.
  • Combine multiple general ledgers and charts of accounts to create a single, unified view.
  • Enable regulatory compliance and meet statutory reporting requirements.
  • Provide fast, accurate financial reports, such as profit & loss, balance sheets and cash flows.
  • Reduce cycle times for financial reporting, close and consolidation processes.
  • Detect and display trends in revenue and profitability.
  • Consolidate information from multiple entities to gain a faster, more accurate view of corporate performance.
  • Support corporate decision-making and forecasting by providing and analysing a single view of management data.

Key functionality

  • Consolidation of multiple views of your business from legal, management, and tax perspectives, or in terms of budgets, actuals, plans, and forecasts.
  • Currency conversion to enable the collection and presentation of financial data in multiple currencies.
  • Inter-company eliminations to understand and manage inter-company transactions. You can define both manual and automatic eliminations.
  • Rapid report generation, such as profit & loss and balance sheets.
  • Import financial data from any financial management or business system. Automatic collection of data from business systems.
  • All aspects of consolidation audited, including month-end sign-off.
  • Real-time views of your data for complete visibility.
  • Run a consolidated P&L report at any time.

Why choose Zap Controller?

  • User friendly with a simple, web-based interface designed for the business user. Your finance team can easily handle reporting and analysis for mergers, acquisitions and restructures.
  • Low maintenance for your IT department. As a web-based solution, Zap Controller is fast to roll out and maintain, and can be run by finance staff with minimal need for IT involvement.
  • Microsoft-based and affordable. You don’t pay for proprietary tools, and you can make use of your existing investment in Microsoft® technology.