Numla ProACT: An Advanced Accounting Solution

Numla ProACT's accounting module automates the consolidation of financial data from multiple subsidiaries into a single set of consolidated financial statements.

The system meticulously tracks and eliminates intercompany transactions, preventing double-counting and ensuring accurate financial reporting.

Numla ProACT tracks minority interests and their corresponding share of profits or losses with ease.

Generate reports that transparently showcase the financial impact of minority interests on consolidated financial statements.

Numla ProACT supports multiple currencies and automatically translates foreign currency transactions using various methods (e.g., automated system rate, spot rate).

Mitigate foreign exchange risks through hedging strategies supported by the system.

Track dividend declarations and payments, both within the group and to external shareholders.

Intercompany dividend payments are automatically eliminated during the consolidation process.

Numla ProACT assists in calculating the recoverable amount of goodwill and facilitates impairment testing.

Generate reports that comprehensively document the impairment testing process.

Leverage Numla ProACT's various localisations to ensure compliance with local tax regulations.

Generate tax-related reports and filings with ease.

Generate comprehensive consolidated financial statements, including balance sheets, income statements, and cash flow statements.

Create custom reports to meet specific reporting requirements.

Gain real-time insights into the financial performance of the holding company and its subsidiaries through intuitive dashboards.

Empower deeper data exploration by seamlessly integrating Numla ProACT with Power BI for diverse reporting views and informed decision-making.

Numla ProACT offers a suite of essential modules, transforming it into a complete ERP solution. Businesses can leverage a single system for recording all business processes.

Numla ProACT is designed to empower businesses in various sectors:

Accelerate sales, improve customer relationships, and streamline operations.

Automate tasks, reduce errors and gain real-time financial insights.

Optimise materials planning, manufacturing execution, product lifecycle management, quality control, and maintenance.

Manage all aspects of operations with a comprehensive solution.

Numla ProACT is an essential tool for holding companies, simplifying accounting processes and ensuring compliance. With features like automated consolidation, multi-currency management, and powerful reporting capabilities, it transforms complex accounting tasks into streamlined operations. By choosing Numla ProACT, businesses can focus on their growth while maintaining accuracy and efficiency in their financial management.

Numla is committed to continuously enhancing Numla ProACT, regularly introducing new features and updates to improve functionality. To keep up with the latest enhancements, read our article on Recent Updates and Enhancements to Numla ProACT.