OCRA tools - World-class consolidation and cash management

Group consolidation needn’t be a nightmare! If you are still struggling to get the results you need out of manual or spreadsheet-based systems – or even out-dated consolidation applications – you need our OCRA tools.

The OCRA tools have now been further integrated into the CODA product portfolio, as CODA 2control Consolidation and CODA 2control Cash. These powerful but straightforward CODA solutions were designed specifically to help multicompany and international organizations deliver group accounting, statutory reporting, intercompany netting and cash planning more quickly, simply and consistently.

What are these tools?
Our solutions offer customers affordability, value and performance:

• world-class group accounting, statutory reporting and cash management
• a track record of 14+ years, providing legal consolidation for international customers, including the requirements of local legislation and multiple GAAPs
• powerful functions delivered simply, using a proven step-by-step approach to complete each process.

What do they do?

• CODA 2control Consolidation – OCRA tools for group accounting and reporting
  This handles the process of reconciling and combining the accounts from across a group of companies (and their various ERP, finance and other business systems), into a single “consolidated” group for statutory and management reporting.
  
  It delivers a whole range of options for operational financial control and statutory group accounting (including facilities for: swift automated consolidation processing, allocation handling and cash-flow statement/analysis), together with powerful but straightforward multidimensional reporting and analysis tools. That enables different users to gain the individual perspective on the figures that they need. Find out more about CODA 2control Consolidation
• CODA 2control Cash – OCRA tools for netting and cash planning
  This provides dedicated cash management modules for intercompany netting and cash planning.
  
  The Netting module delivers efficient invoice-level reconciliation of intercompany balances. With the click of a button, it can usually eliminate more than 90% of all intercompany payments – reducing the number of transactions to a minimum, as well as the associated transfer costs (transaction fees and bank float). External invoices can also be processed (posted and netted), as well as foreign exchange positions.
  
  In addition, CODA 2control Cash can make the Cash Planning process more streamlined, transparent, reliable and consistent. This module enables easy and efficient forecasting and posting of cash-flows in individual currencies – both for the parent company and for individual subsidiaries – down to week or day levels. To find out more about CODA 2control Cash