Rephop

Rephop is a web-based software solution that simplifies group consolidation, reporting, and planning for businesses. It is designed to help companies consolidate financial figures across different continents and accounting systems, while ensuring compliance with IFRS and US GAAP standards.

Key features:

- Intergroup Transactions: Reconciles all intergroup transactions to eliminate discrepancies.
- Historic Eliminations: Handles past transactions to ensure accurate consolidated reports.
- Non-Controlling Interest: Calculates and includes non-controlling interests in financial statements.
- Currency Translation: Supports currency conversion for multinational companies.
- IFRS and US GAAP Compliance: Adheres to international accounting standards.
- Planning Manager: Enables management of the entire planning process, creation of multiple budgets and forecasts, and import of Excel models.
- Minority Interests Calculation: Computes minority interests and compares intergroup transactions for accurate financial planning.
- Comprehensive Statements: Includes Cash Flow, Equity Movement, Property, Plant and Equipment, Intangible Assets, Investment Property, and Sales by Country statements.
- Custom Statements: Allows creation of multiple custom statements to meet specific needs.
- Web-Based Access: Stores financial data in a database accessible from any internet-connected device.
- User-Friendly Interface: Designed for intuitive use with minimal training required.

How it works:

1. Users import financial data from various sources, including Excel models.
2. The software consolidates the data, handling intergroup transactions, currency translations, and compliance with accounting standards.
3. Users generate various financial reports and statements, which can be customized to meet specific requirements.
4. The Planning Manager allows users to create and manage budgets and forecasts, incorporating real-time data and intergroup transaction comparisons.

Integrations:

Rephop supports integration with various accounting systems, ensuring seamless consolidation of data from different sources.

Use of AI:

Rephop utilizes advanced algorithms to automate and simplify consolidation and reporting processes, including automatic reconciliation of intergroup transactions and real-time data updates.

Target users:

- CFOs and Head Accountants dealing with complex group consolidations
- Multinational companies consolidating financial data across different countries and accounting systems
- Small to large enterprises requiring financial consolidation and reporting solutions

How to access:

Rephop is available as a web application, accessible from any device with an internet connection. The company offers different pricing plans to cater to businesses of various sizes, and provides a free trial for evaluation purposes.