Provides Financial Consolidation capabilities to SAP Business ByDesign customers.
Host Analytics Financial Consolidation provides integrated functionality for managing and tracking the finances of multiple companies across multiple business and geographic locations
Provides consolidated financial statements in form the financial and standard reports
Data transfer from ByDesign to Host Analytics system happens manually (once per month or per quarter based on the specific needs of the company)
The ByD HA adapter will retrieve master data and actual data from ByDesign, The data will be stored in a FTP folder so that it can be processed by Host Analytics.
The ByD HA adapter will be hosted and will support automatic retrieval data of data from ByD through web services. A wider selection of characteristics will enable not just consolidation but also planning in Host Analytics which is integrated with ByD.
Design / Process Flow:
- Retrieve Org Structure from ByDesign during HA activation
- Retrieve Chart of Accounts from ByDesign during HA activation
- Retrieve Master Data from ByDesign during HA activation
- Retrieve GL Account Balances from ByD
- Retrieve Additions to the Org Structure from ByDesign
- Retrieve Additions to Chart of Accounts from ByDesign
- Retrieve Additions to Master Data from ByDesign
- Cloud Solution.
- Secure – Data transmission Integration relies on secure handling of data between systems.
- Analytics -Custom reports to track every step of integration.
The Solution which automates the integration of Exchange Rate from European Central Bank and SAP Business ByDesign in real time.
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