Despite its high specification of functionality, in-built accounting logic and superior levels of auditability, due to the underlying windows and database technology together with the set up tools devised by the author, it is no doubt the quickest system of its kind to implement and requires no specialist computing knowledge to maintain.

One Version Of The Truth

FALCON allows you to store all financial and statistical information necessary for a complete view of your business. Statutory, regulatory, management, budget and forecast data is stored in a single database facilitating reconciliation and comparative analysis.

Innate Intelligence
FALCON permits the user to tailor the Rules catering for various corporate policies. FALCON includes a powerful reallocation facility to allow costs, such as management charges, to be spread automatically across any entity in any structure.

Data Capture
Time consuming re-keying is now a thing of the past! FALCON has been designed to receive statistical, budgetary, textual and financial data in multifarious formats. Existing methods and formats including ASCII and spreadsheets can still be used with each reporting entity using a different method if necessary. FALCONLINK provides a local automated chart account mapping and reporting facility and produces a secure link for onward transmission to the central FALCON installation. Strict import validation routines ensure accuracy of data.

Intercompany Eliminations
A major consideration at month and year end can be the calculation and posting of elimination journals. FALCON provides full inter-company reconcilliations, automated eliminations and allocation of differences to single or multiple accounts.

Reporting
The standard report writer allows the production of management or statutory report packs in whatever format is required. For presentation purposes, reports are output in to Excel spreadsheets - the FALCON database maintains the integrity of the data.