Financial services
Reporting that comes out of the system, not out of a spreadsheet.
If your monthly numbers are assembled by hand from three exports, they are late, they are contested, and nobody trusts them enough to act quickly.
What this covers
Four things, done inside the ERP
This is finance work done by people who also implement the system it runs on, which is the reason it does not end in a spreadsheet.
Chart of accounts that fits
Structured for the reports you actually need, rather than inherited from whatever the first bookkeeper set up.
A close that shortens
Reconciliation, accruals and approvals moved into the system, so the month ends when the month ends.
Reporting you can act on
Margin by product, by customer, by channel. Available on the day, not in a pack that arrives three weeks later.
Planning against reality
Budgets and forecasts sitting next to the actuals they are measured against, updating as the actuals do.
Where this sits
This is not an audit practice and it is not a replacement for your accountant. It is the work between the two: making the system produce numbers your accountant can rely on and your managers can use.
In practice most engagements start with the same finding. The data is already in the ERP, and the reports are being rebuilt outside it every month because nobody configured it to answer the question directly.
Reasonable questions
Do you replace our accountant?
Do we need Odoo for this?
How long before the close gets shorter?
How long does your month-end take?
If the answer is measured in weeks, that is the conversation. Tell us what the last one looked like.