Finnivo® assists with more than just financial reporting and planning.
Any manual process used to report on, plan or perform calculations can be streamlined and automated within Finnivo®.
The same principles, process flows and data dynamics for common reporting and planning processes apply to any other process where business information needs to be collated, analysed, processed, calculated or reported on.
Finnivo® can help with:
Starting 1 July 2018, various qualifying / selected Companies will be required to submit their financial and mandatory information to the Companies and Intellectual Properties Commission (“CIPC”) in a new electronic format. This will ultimately become a mandatory requirement for all Companies.
The new reporting format will require Companies to upload an iXBRL digital file to the CIPC portal (which will ultimately replace the process of uploading PDF report formats). Various other regulatory bodies are also currently investing in infrastructure to allow for the upload of the iXBRL files for submission of required Company information.