As a finance executive, you know better than anyone else, the opposing interests of closing your books in a timely manner and ensuring that the numbers are 100 percent correct. And, you do not like surprises. The automation provided by Entomo’s cCRM solution not only ensures error-free and timely closes, it also frees up your financial planning and analysis (FP&A) and revenue accounting resources to do higher level strategic analysis.
Do You Ever Wonder …
Are my reserves sufficient to ensure that I do not get surprised by end of quarter inventory returns from the channel?
Entomo automates inventory reconciliation, supported by detailed variance analysis, to ensure that your reserves are just right: not too much and not too little.
How much revenue am I losing due to overpayment of rebates and incentive claims?
Entomo automates the validation of channel claims against incentive program requirements, which helps you quickly identify spurious claims or double-dipping.
How do I value the sell-through and residual inventory in the channel?
Entomo provides multiple valuation methods for channel POS and inventory, including FIFO, reported cost, matching serial numbers and using a price book.
How do I make sell-through journal entries by region and by product family, when I have less that two days to close my books?
Entomo’s revenue recognition solution, automatically generates the requisite journal entries, to mirror your chart of accounts, for recognized and deferred revenues, then posts them back to your financial system.
