Aleph Features
Financial Insight (4)
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Budgeting
Uses collected data to assist organizations in understanding what they can afford now, and in years to come.
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Forecasting
Creates a continuous and recurrent planning process that can be calculated according to a specified and customizable timeline.
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Planning
Leverages data from budgeting and forecasting processes to help corporations understand their reality and make decisions accordingly.
Budgeting/Forecasting
Create budgets based on historical data and future projections
Data (5)
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Data Visualization
Offers methods of visualizing data via customizable dashboards, statistical graphs, and charts.
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Data Analysis
Scours data for actionable insights.
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Custom Reporting
Allows users to customize their own reports according to business needs.
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Reporting Templates
Provides pre-built reporting templates to organize data for payroll, manufacturing, and other company factions.
Real-Time Data
Receive data and information in real time
Status Communication (5)
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Collaboration
Allows for searchable communication within the tool via notes, checklists, and discussions to ensure clarity between users.
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Version Control
Reflects updates immediately, ensuring users have the most recent data while maintaining records of past performance.
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Real-Time Data Updates
Updates varying factors in real-time, assuring forecasts and inferences are continually made according to the most recent information.
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Scorecards
Displays and shares company performance data to increase transparency across the board.
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Budget Creation (7)
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Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data
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Budget Hierarchies
Define budget structure elements and how they are linked hierarchically
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Versioning
Keeps track of all versions of a budget and allows users to compare versions
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Formulas
Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues
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What-If
Test the potential financial impact of business decisions on revenues and expenses
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Budget Periods
Users can customize standard budget periods (3, 9, or 12 months)
Real-Time Data
Receive data and information in real time
Budget Management (2)
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Consolidation
Consolidate multiple budgets from different departments or business entities
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Adjustments
Users with administrative access rights can modify budgets
Forecasting (5)
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Historical Data
Forecasting is based on past transactions and historical financial or operational data
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Reforecast
Ability to recreate forecasts to include new information that may impact budgets
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Forecast Types
Support multiple types of forecasts such as balance sheet and cash flow forecasts
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Rolling Forecasts
Used to review and update budgeting assumptions for a predefined period (usually one year)
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Analytics (4)
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Variance Analysis
Project out as the year progresses to accommodate trends that affect key business drivers.
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Forecasts Comparison
compare Income Statement, Balance Sheet, and Cash Flow for multiple periods
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Forward Looking
Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data
Financial Analysis
Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk
Data Management (3)
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Data Import
Financial information can be imported from multiple sources such as spreadsheets, text files, or databases
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Data Consolidation
Data from multiple systems can be centralized into a single repository
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Data Validation
Financial data can be validated to avoid duplicates and errors
Reporting Structure (3)
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Reporting Hierarchy
Administrators can define and manage the reporting structure and access rights to each report
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Report Templates
Templates that can be used to create new reports without starting from scratch
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Report Types
Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date
Standard Analytics (4)
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Standard KPIs
Include most common financial KPIs such as gross and net profit margin, or working capital
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Standard Reports
Standard financial reports are provided out of the box
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Financial Statements
Ability to analyze financial statements such as income statement and balance sheet
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Drill Down
Users can drill down to the detail level of each transaction or financial entry
Custom Analytics (5)
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Dashboards
Dashboards can be customized to display different types of data from various sources
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Custom KPIs
Users can modify standard financial KPIs and metrics
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Custom Reports
Allow users to edit reports and to combine multiple reports
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Self Service
A dedicated portal for external users with limited access to the system
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Multiple Entities
Monitors the financial performance of multiple entities
Reconciliation (9)
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Consolidation
Data from multiple systems can be centralized into a single repository
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Management
Financial information can be imported from multiple sources such as spreadsheets, text files, or databases
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Accounting
Match invoices, payments, and bank statement information
Built-in Accounting
Accounting functionality within the system, not requiring integration with third-party tools
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Task Management
Create, manage and track all task activities and progression
Tax Management
Implementation of various strategies to manage tax obligations via planning and maintaining compliance
Cash Flow Management
Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
Financial Consolidation & Close Management
Bring together financial information by collecting data from multiple ledgers and close financial processes
Reporting (3)
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Report Types
Provide multiple types of reports such as point-in-time snapshot reports, or year over year
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Standard
Offers standard financial reports out of the box
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Custom
Allows users to edit reports and to combine multiple reports
Closing Process (1)
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Distribution
Financial statements and statistical reports (such as KPI) can be assembled into financial packages
Financial Planning (4)
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Extended Planning
Analysis that creates business plans outside of finance, including sales, marketing, or HR.
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Reporting
Reports on departmental KPI metrics measured against targets.
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Integration
Consolidates planning processes across an organization into a single solution.
Self-Service Reporting
Allow users to create their own reports and financial statements
Agentic AI - FP&A (Financial Planning & Analysis) (2)
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Proactive Assistance
Anticipates needs and offers suggestions without prompting
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Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Budgeting and Forecasting (3)
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Financial Analysis (2)
Cross-system Integration
Works across multiple software systems or databases
Decision Making
Makes informed choices based on available data and objectives
AI - Financial Close (5)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Compliance
Uses AI to ensure the following of rules and creates detailed audit trails which helps compliance and audit preparation.
Reconciliation
Uses AI to match transactions across accounts and systems, and flag exceptions and discrepencies.
Data Collection
Uses AI to extract, clean, and validate financial data from disparate sources, while identifying errors and inconsistencies.
Analysis
Generates AI-assisted financial reports and provides thorough analytical insights.
Additional Functionality (114)
Predictive Analytics
Predict future data based on historical data sets
Multi-Language
Manage and support multiple languages
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Currency Management
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
Risk Management
Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties
Real-Time Analytics
Analyze and gain insights into data in real-time
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Tax Management
Implementation of various strategies to manage tax obligations via planning and maintaining compliance
Investment Management
Manage and handle financial assets as well as other investments.
Transaction History
Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period
Data Import/Export
Import and export data to and from software applications
Fixed Asset Management
Centralized database to track details of fixed assets such as depreciation and maintenance scheduling/history
Mobile Access
Access software remotely via mobile devices
Transaction Monitoring
Monitor or audit historical and current transactions to analyze customer account activities
API
Application programming interface that allows for integration with other systems/databases
Project Time Tracking
Measure time to completion or hours worked for projects
Projections
Estimate or forecast of a future scenario based on the study of present trends
Consolidation/Roll-Up
Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
General Ledger
Centralized accounting record which tracks all financial transactions
Purchasing & Receiving
Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity
Real-Time Monitoring
Active monitoring of systems, applications, or networks
Configurable Workflow
Configure existing workflows to meet your organization's needs
Dashboard Creation
Creation and customization of dashboards
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
Electronic Payments
Electronically collect payments for goods or services
Revenue Recognition
An accounting principle that identifies the specific conditions in which revenue is recognized and determines how to account for it.
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
"What If" Scenarios
Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities
Workflow Management
Create, design and manage workflows for repetitive tasks
Multi-Currency
Manage and handle various international currencies
Planning Tools
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
Customizable Reports
Alter the layout and content of reports
Bank Reconciliation
Compare and match accounting/financial records with corresponding bank statements
Invoice Processing
Creation, processing, verification, and execution of invoices till the payment is made
Multi-Company
Manage the accounting and financial aspects of multiple locations or companies in a single location
For Investors & Traders
Used by retail investors and active traders/day traders
Expense Tracking
Monitor and record expenses such as purchases or charges incurred
Purchase Order Management
Create, send, and track purchase orders and their statuses
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Receipt Management
Upload, track, and submit receipts in a central database
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Cash Flow Management
Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
Data Visualization
Graphical representation of data
Purchase Order Management
Create, send, and track purchase orders and their statuses
Expense Management
Plan, pay and track business related expenses.
Ad hoc Reporting
Generate one-off reports that meet information requirements
Multi-Company
Manage the accounting and financial aspects of multiple locations or companies in a single location
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Workflow Management
Create, design and manage workflows for repetitive tasks
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Customizable Reports
Alter the layout and content of reports
Forecasting
Form predictions based on past and present data/trends
Dashboard Creation
Creation and customization of dashboards
Self-Service Reporting
Allow users to create their own reports and financial statements
Multi-Currency
Manage and handle various international currencies
Financial Management
Plan, manage, and track the financial activities of an individual or organization
"What If" Scenarios
Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities
Asset Lifecycle Management
Manage assets throughout their lifecycle to optimize profit
Strategic Planning
At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Real-Time Reporting
Active reporting of data and metrics
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Receipt Management
Upload, track, and submit receipts in a central database
Scenario Planning
Develop potential scenarios to identify risks and opportunities
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Version Control
Track revisions and updates made to files and navigate between different versions
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
General Ledger
Centralized accounting record which tracks all financial transactions
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Consolidation/Roll-Up
Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Multi-Department/Project
Manage the accounting and financial aspects of multiple operations and departments or ongoing projects from a single location
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
API
Application programming interface that allows for integration with other systems/databases
Chart of Accounts
A financial statement that lists a company's accounts and details the account type and balance
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
Third-Party Integration
Addition of necessary external data, applications, tools, or features
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Financial Reporting
Generate reports to assess the financial performance of an organization
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Multi-Currency
Manage and handle various international currencies
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Accounting Integration
Integrate with a third-party accounting system
General Ledger
Centralized accounting record which tracks all financial transactions
Multi-Country
Pay employees in multiple countries using correct currencies and correct tax deduction amounts
Dashboard
Assembly of graphs and charts for visualizing and tracking statistics/metrics
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Cost Database
Collection of data related to the costs associated with various items, products, services, or activities
Financial Templates
Checklists
An itemized to do list that can be edited as tasks are completed
Receivables Ledger
A list of customers and their payments due updated on a monthly basis
Multiple Projects
Ability to handle several projects simultaneously
Accounts Receivable
Track outstanding invoices and the money owed from clients
Accounts Payable
Track money owed to a company's creditors/suppliers
Budgeting/Forecasting
Create budgets based on historical data and future projections


