Real-time updates provide immediate information and alignment

At Mondial, transactions can be updated automatically in real time, allowing last minute adjustments in the ERP system to be immediately included in final reports, while ensuring complete synchronization of data across the enterprise.
 

“IF YOU LOVE SAP BUSINESS ONE, PLEX, NETSUITE, SAGE, QUICKBOOKS, ACUMATICA OR JUST ABOUT ANY REAL-TIME ACCOUNTING SOFTWARE YOU’LL LOVE MONDIAL’S REAL-TIME ADJUSTMENT FEATURE.”

Enterprise Resource Planning (ERP) systems can be incredibly useful for businesses, but some can be limited when it comes to providing real-time updates.
  • Mondial’s cloud based technology easily integrates with multiple systems when you need to make real time data for a fast closing cycle
  • Department, product line, cost center and other dimensional data can be used for sorting and filtering of financial statements in real time.
  • Side-by-side analysis by time period, unlimited budgets and forecasts and other criteria provide meaningful comparative analysis across any dimension of data.
  • The ability to filter transactions such as intercompany or regulatory adjustments, year-end closing entries or other data allows for comparisons across periods or dimensions of data.
  • This means that the data and information within one or more ERP systems can be reviewed, shared and adjusted with other systems or platforms in real time
Mondial provides you with the ability to receive immediate information, so you can perform the critical adjustments needed to stay aligned and make decisions in a timely manner.

The Mondial Process

Mondial is a cloud-based financial reporting and compliance platform that can work with any accounting system to provide accurate, auditable, and meaningful financial statements in the formats required by company management, regulatory authorities, and other stakeholders.

RETRIEVE

Stores every GL, AP and AR transaction from across the group in one secure location in the cloud.

STORE

Holds data in every reporting currency even if that currency is not present in the underlying accounting system

MAP

Maps each local chart of accounts to corporate or local statutory versions for seamless reporting consistency

NORMALIZE

Supports adjustments such as eliminations, revaluation and statutory reallocations to ensure GAAP/IFRS compliance

GENERATE

Offers a secure, easy-to-use report writer that allows the creation of unlimited reports in exactly the format required

ANALYZE

Allows the inclusion of comparative data from an unlimited number of budgets for performance analysis

DRILL DOWN

Includes drill-down from any reported balance to line-item source transaction details for complete auditability

COMPLY

Provides multiple output formats including On-screen PDF and Excel as well as the output for electronic submission

Intuitive, flexible, affordable, globally focused cloud accounting hub and financial report writer

Management Control

Group Consolidations

Regulatory Compliance

  • Management formats
  • Operating currency
  • Actuals v Budgets
  • Variance analysis
  • Group formats
  • Reporting currency
  • Multi-GAAP compliant
  • Net of Intercompany
  • Statutory formats
  • Electronic submission formats
  • Local GAAP-compliant
  • Fully auditable data
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