Additional digital finance tools

EY integrates a number of digital tools and technologies. These include EY Process Miner, and latest enterprise resource planning (ERP) systems such as, SAP S/4 Hana, Oracle Applications R12 and Blackline, as required in our offerings, to enhance clients’ business outcomes in this transformative age.

EY Process Miner

Today’s bookkeeping systems and ERP systems store many of the users’ and systems’ actions in log files. The process of using these log files to reconstruct and evaluate IT-driven processes is called process mining.

The EY Process Miner is a tool to help clients manage business risks by analyzing recorded users’ and systems’ actions in order to improve their process flows.

This helps to build trust in business operations and financial reporting.

Digital Fast Close

The solution helps generate working schedules with end-to-end financial analytics. It leverages partner tools such as Blackline. It looks at addressing reporting, regulatory information, reconciliations, traceability, Delegation of Authority (DoA) analysis (for better control) and reviews financial, operational and risk data at multiple levels across various IT application systems.

The focus is on automation of typical activities for periodic book closing and helping controllers analyze trends based on financial data and actionable insights in key revenue and expense provisions.

Our latest thinking on Financial Accounting

How Alternative Investment Funds can transform its back-office for competitiveness and growth

Discover how AIFs need to leverage automation to leapfrog their growth journey in line with the macro-economic growth. Learn more about AIFs.

Year-end considerations for 2023: what organizations need to know

EY outlines the year-end accounting and financial reporting considerations for FY 23. Read more about the updates in financial reporting standards and accounting pronouncements disclosure 2023

Navigating the latest RBI guidelines on Interest Rate Risk in the Banking Book

EY highlights how important for banks to consider IRRBB, as not just a reporting metric but a strategic measure to manage balance sheets and profitability.

How entities in the financial services sector can plan their year-end closure

EY outlines the year-end accounting and financial reporting considerations for the financial services sector FY 23. Read more about the updates in financial services for year-end closure.

How banks and their GCCs can remediate regulatory reporting shortfalls?

Discover how banks have their regulatory reporting production managed by their Global Capability Centres (GCCs) in India. Learn more about the regulatory reporting framework.

Decoding the key regulatory reporting themes for financial services GCCs in India

Learn about the key themes arising from regulatory reporting processes like EU Common Reporting (COREP) that is managed through the India shared services centers of global financial services firms.


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