Finance meets business with Axway Financial Accounting Hub Give your financial information system the ability to support multiple entity accounting and reporting, intercompany processing and reconciliation, and connection to any data source or target. Transform your Finance Department faster: accelerate ERP transformation, reconnect easily data to your consolidation platform, Fast close with quality data.
Accelerate the closing of accounts at the group level, ensure data accuracy, and comply with all regulations CFOs rely on finance IT for digital transformation, operational excellence, and accurate data for the entire company. It is a critical component that must be agile enough to support cloud-based and other technologies, as well as best of breed innovations such as Machine Learning, RPA, and more. From an operational standpoint the goal is to close accounts faster at the group level, ensure data and account accuracy, and meet all business and regulatory requirements. What is needed is a solid platform for integrating all present and future components of finance IT and for guaranteeing the fluidity and accuracy of all data flows. Axway Financial Accounting Hub (FAH) is a comprehensive, secure, and proven platform for accelerating digital finance transformation. It manages, automates, and optimizes data transformation and integration processes that enforce accounting rules. It ensures data quality and information alignment via a single source of truth to support operational, financial, and business requirements.
Highlights
Operational excellence Close books in two days, not weeks! No need to spend nights on closing books Automatically process 10 million transactions in 10 minutes for real-time inventory and customer positions Automatically generate consistent postings in multi-GAAPs Reconcile inventory and accounting automatically every morning instead of waiting until the end of the month.
Business agility Integrate an acquired company quickly (within 9 months for one global bank) Master complexity and consolidate feeds from more than 150 back-office systems into one system Respond faster to business changes by setting up one new business flow in one week, not 4 months Cut integration project load in half when migrating to a new ERP system.
Data reliability Add reporting segments to automatically feed business dashboards Automatically reconcile business data with accounting data Reduce rejects from the ERP and fix errors Monitor data ingestion in ERP through dashboards Expose trusted data Navigate actionable audit trails.
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Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
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This listing offers one pricing option: a starting bundle, also called the Pro package. You buy it under a single contract that runs 36 months. The bundle sets fixed usage limits for that term. It covers up to 50,000 entries per month and includes access for 5 users. Pricing does not scale by adding tiers or instance sizes here. Instead, you commit to the defined capacity for the full contract duration. To process more entries or add users beyond these limits, you would contact the vendor.
Top-of-mind questions for buyers
What counts as one 'entry' toward the 50,000 monthly limit?
An entry is a financial accounting item the hub processes, such as a posting or transaction generated from a source feed. The bundle counts these each month up to 50,000. The product processes accounting data drawn from back-office systems into consistent postings. Contact the vendor to confirm how your specific feeds map to counted entries.
Does the monthly entry allowance reset each month, or accumulate across the 36-month term?
The bundle sets a limit of 50,000 entries per month, so the allowance is measured monthly. It applies for each month across the 36-month contract. The summary notes the term covers this fixed capacity. To confirm whether unused monthly entries carry over, contact the vendor.
What happens if we exceed 50,000 entries in a month or need more than 5 users?
The bundle caps usage at 50,000 entries per month and 5 users for the contract term. Pricing here does not add tiers automatically. To process more entries or add users beyond these limits, you would contact the vendor to arrange added capacity.
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