FINNOVA (MFRS-9)
Simplify MFRS 9 Compliance with Ease
Get MFRS compliance with ease
Struggling to navigate the complexities of MFRS 9 ?
MFRS 9 is an accounting standard that aims to improve the transparency and comparability of financial reporting, which has been implemented since 2018. It introduces a number of changes to the way financial instruments are classified and measured, and it requires companies to make more detailed disclosures about their financial assets and liabilities.
The Easy and Affordable Way to Achieve MFRS 9 Compliance
Look no further! We proudly present FINNOVA, the breakthrough solution designed to simplify your compliance journey and revolutionize your financial reporting. FINNOVA is a software solution that can help companies achieve MFRS 9 compliance. It is a complete solution that covers all aspects of MFRS 9, including classification, measurement, and disclosure. FINNOVA is easy to use and can be implemented quickly and easily.
Unlock the Power of FINNOVA
Streamline Compliance
Say goodbye to the headaches and confusion associated with MFRS 9. FINNOVA automates and streamlines every step of the compliance process, from initiation and authoring to execution with ongoing management. Experience a new level of efficiency and accuracy.
Seamless Integration
Our SAP Premium Certified solution seamlessly integrates with your existing SAP software ecosystem. No additional software, hardware, or system upgrades required. Experience a non-disruptive implementation that keeps your business running smoothly.
Advanced Classification
With the integrated random forest classifier, FINNOVA intelligently classifies your financial instruments based on payments of principal and interest (SPPI) and business models. Gain unparalleled accuracy and insights, ensuring compliance with ease.
Easy Implementation
Get up and running in no time. FINNOVA offers an easy implementation process, with configurable objects that can be tailored to your specific needs. Complete the setup within 3 to 9 months, including all MFRS 9 quantitative disclosure requirements, and go live as soon as your data is ready.
One Solution for All
FINNOVA is your complete package for MFRS 9 compliance. It doesn't stop there. our solution is adaptable to future requirements, including any accounting automation needs. Stay ahead of the curve and future-proof your financial reporting processes.
Don't Delay, Embrace FINNOVA Today
Minimize
Risk
With the integrated random forest classifier, FINNOVA intelligently classifies your financial instruments based on payments of principal and interest (SPPI) and business models. Gain unparalleled accuracy and insights, ensuring compliance with ease.
Gain A Competitive Edge
Stay ahead of your competitors by adopting the most advanced MFRS 9 compliance solution on the market. FINNOVA empowers you to make data-driven decisions, optimize your vendor relationships, and achieve strategic sourcing goals.
Simplify Complex
Processes
Let FINNOVA handle the intricacies of financial reporting, so you can focus on what matters most – your business. Say goodbye to time-consuming exercises and outdated key performance indicators. Experience a new level of efficiency and productivity.
The time for action is now
FINNOVA for MFRS-9
Embrace FINNOVA and revolutionize your MFRS 9 compliance journey. Experience simplicity, accuracy, and peace of mind. Contact us today to embark on a transformative journey toward effortless compliance. Your financial reporting deserves nothing less than the best.
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