- Success Stories
- Avineon
Avineon
Consolidated reporting:
Avineon chooses EMAsphere over BI
Avineon has entities worldwide. The biggest challenge was consolidating data correctly: data from different entities in clear reports with the correct currency.
Stefan De Smedt
Director Finance & Administration
Over Avineon
Connection between Exact Online and EMAsphere
Belgium
Founded in 1992
IT
12 entities
"In the past, we switched to Exact Online. At that time, we were also doing reporting in Excel, which was very time-consuming. We actually considered setting up a reporting tool with Power BI back then, but as soon as we bumped into EMAsphere, it was clear that EMAsphere was an exciting product for us. It integrates perfectly with Exact Online."
Stefan De Smedt, Director Finance & Administration at Avineon
Need for accurate insights
Consolidation & Currency Change
Avineon has entities in the Netherlands, Belgium, France and the UK, among others. These entities need clear reporting for the HQ in America. EMAsphere's consolidation features make it possible to consolidate and report data across entities. The Currency Change module is vital for reporting the correct currencies converting from pounds and euros to dollars.
Power BI vs EMAsphere
Power BI is very complex. This tool demands a long implementation time coupled with a high implementation cost. As an EMAsphere customer, you can take care of the entire implementation process yourself without any IT skills. A catalogue of over seventy connectors that enables connections to your accounting software and a high-level data model ensures that data is structured into dashboards, charts and KPIs automatically.
More control through drill-down features
"If we see an unusual number, we can act quickly using the drill-down feature. That is one of the strengths of EMAsphere. In doing so, you can investigate financial figures down to the booking level. Using Excel, this is more complex."
"Our Customer Manager, Alexandre, has a lot of in-depth expertise in the platform. In addition, Alexandre regularly provides advice to support Avineon in checking the consistency of financial reports."
Stefan De Smedt, Director Finance & Administration at Avineon
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