Rephop

Rephop is a web-based software that simplifies group consolidation, reporting, and planning for businesses, particularly those that need to consolidate financial figures across different continents and accounting systems.

Key features:
- Reconciliation of intergroup transactions
- Handling of historic eliminations
- Calculation and inclusion of non-controlling interests in financial statements
- Currency translation support
- Compliance with IFRS and US GAAP standards
- Management of planning process, including creation of multiple budgets and forecasts
- Calculation of minority interests and comparison of intergroup transactions
- Generation of comprehensive financial statements (Cash Flow, Equity Movement, Property, Plant and Equipment, Intangible Assets, Investment Property, Sales by Country)
- Creation of custom statements

How it works:
1. Users import financial data from various sources
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
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 that data from different systems can be consolidated seamlessly.

Use of AI:
Rephop leverages advanced algorithms to automate and simplify the consolidation and reporting processes, including features like automatic reconciliation of intergroup transactions and real-time data updates.

How to access:
Rephop is available as a web application, making it accessible from any device with an internet connection. It offers different pricing plans to cater to businesses of various sizes and a free trial to help businesses evaluate its features before committing to a subscription. The software has been in use for over 8 years and is suitable for CFOs, head accountants, and multinational companies dealing with complex group consolidations.