Our platform delivers comprehensive compliance with ASC 410-20 by seamlessly integrating automated features designed to ensure accuracy and adherence to standards. It performs precise fair value calculations using credit-adjusted risk-free rates, automates accretion expense calculations and postings, and supports prospective treatment for estimate changes as outlined in ASC 410-20-50. With meticulous asset and liability classification and automatic generation of journal entries aligned with GAAP, the platform streamlines the entire compliance process. Additionally, it offers robust documentation and reporting capabilities, including a complete audit trail of all transactions, ASC 410-20 compliant financial reports, pre-formatted footnote disclosures, and detailed roll forward schedules with supporting documentation. Built-in compliance validations and controls provide an added layer of assurance, making this platform a reliable solution for maintaining regulatory compliance with ease and confidence.

Yes, we provide certified integrations with leading ERP systems to ensure seamless connectivity and streamlined financial operations. Our platform supports major ERPs including SAP S/4HANA and SAP ECC, Oracle EBS and Oracle Cloud, NetSuite (SuiteCloud certified), Microsoft Dynamics 365, and Workday Financials. These integrations enable real-time journal entry posting, synchronization of chart of accounts, and master data integration encompassing assets and cost centers. Additionally, automated month-end processing, multi-currency and multi-entity support, as well as custom field mapping and transformations, empower organizations to maintain accuracy and efficiency across complex financial environments.

Our platform offers comprehensive audit trail capabilities designed to support full SOX compliance with meticulous attention to detail. It provides complete user activity logging with timestamps, detailed data change histories capturing before-and-after values, and robust document version control and retention. Approval workflows are thoroughly documented, alongside preserved calculation methodologies to ensure transparency and accountability. Built-in SOX controls include role-based access controls (RBAC), strict enforcement of segregation of duties, multi-level approval workflows, rigorous data integrity validations, and automated control testing reports. Auditor-ready features further streamline the compliance process, featuring pre-configured reports aligned with Big 4 audit firm requirements, a dedicated direct auditor access portal, complete documentation packages, and automated control testing capabilities—making audit preparation efficient, thorough, and reliable.

Our platform is expertly designed to meet the demanding needs of complex multinational organizations. It supports unlimited legal entities, enabling seamless management of consolidation elimination entries and intercompany Asset Retirement Obligation (ARO) transfers. Entity-specific approval workflows and tailored subsidiary reporting packages ensure precise governance and compliance across the enterprise. With multi-currency support spanning over 150 currencies, real-time exchange rate feeds, currency translation adjustments, and hedging transaction capabilities, it effortlessly handles functional versus reporting currency complexities. Built for the enterprise, the platform accommodates unlimited organizational hierarchies, joint ventures, minority interests, and complex ownership structures, while delivering multi-GAAP reporting compliant with both US GAAP and IFRS—providing a robust, scalable solution for global financial management.

Implementation timeframes vary based on the complexity and scale of your organization. For standard implementations managing between 500 to 2,000 assets, the typical timeline is 8 to 12 weeks, encompassing system configuration, data migration, and user training, with go-live usually scheduled to coincide with quarter-end. Enterprise implementations handling over 2,000 assets require a more extensive 12 to 16-week timeframe, involving complex integrations, custom workflows, and comprehensive change management, often delivered through a phased rollout by business unit. For urgent year-end requirements, a fast-track option is available, compressing implementation into just 6 weeks with dedicated resources and an accelerated schedule—though this approach may involve tradeoffs such as limited customization focus to meet tight deadlines.

Within the first year, our platform typically delivers a compelling return on investment through a range of quantifiable benefits. Clients experience up to a 30% reduction in ARO management costs, achieve 75% time savings on quarter-end ARO reporting, and see a 90% decrease in compliance risks and audit findings. Additionally, cost estimation accuracy improves by 15–20%, enhancing overall financial precision. Beyond these measurable gains, executives benefit from improved financial reporting accuracy, reduced reliance on external consultants, increased transparency for stakeholders, and scalable process standardization across the organization. To support your business case, we provide detailed ROI calculations, executive-ready presentation materials, industry benchmarking data, and clear quantification of risk mitigation—empowering informed decision-making and confident investment.