Use Model N Accruals Management to effortlessly assemble data from disparate systems to accurately forecast product rebate exposure, minimize forecasting discrepancies, and ensure financial statement integrity.
Model N Accruals Management
With Model N, these teams can automate their forecasting and reconciliation calculations, leverage daily accrual postings with role-based controls, use powerful analytics and rely upon a robust and complete audit trail to track all activity and calculations.
Financial and brand analysts can access our end-to-end solution from any web browser to seamlessly forecast, post and reconcile accruals for all of their products by calculating multi-dimensional revenue and accrual rate forecasts based on historical data and analyst input, generating daily transaction postings, and running periodic reconciliations.
- Teams can maximize their operational efficiency like never before. End-of-period close cycles can be dramatically shortened with the use of automated data aggregation, calculations, and reporting from a single source of data.
- Companies will minimize forecasting discrepancies by standardizing and automating calculations and methodologies across their various brand and central finance teams.
- Realize a new level of integrity and compliance for your financial statements with the ability to consistently analyze data on-demand to gain deeper insights into rebate drivers, and by relying on a complete audit trail built across all accruals-related processes.
Excel®-like Enterprise Solution
Unlike other approaches, our solution is a flexible, self-serve modeling platform with an Excel-like user interface built on an enterprise-grade backend solution. Updates to a model can be easily applied. And, running an analysis such as drilling-down into the data or running an aggregation is simple.
The solution’s cloud-based forecasting and reconciliation models can pull data from different sources using our pre-built connectors. This includes a connector to the Model N Revenue Intelligence data mart, making more data available on-demand for forecasting and reconciliation calculations.
The accruals management platform is unified across our commercial, compliance and reporting solutions as it is the same used by the Model N Revenue Enterprise Cloud solutions.
Thank you for your interest in Model N and our Revenue Management solutions and services. Please submit the form to the right and a representative will contact you to answer questions.