Corporations: Financial Consolidation

The Allevo Financial Consolidation solution for financial or treasury departments of corporations brings together the business processing and management in one single operation window. It provides the building blocks for a highly effective money supply chain between banks, providers and customers. Beyond that, it empowers control on the working capital and financial resources.

Key benefits that contribute to optimizing resource allocation and efficiency:

‒      single view of financial operations

‒      cash reporting and forecasting

‒      accounting reconciliation, i.e. AR/AP with the banks’ statements of account

‒      transaction filtering

‒      business interoperability with banks, including those in MACUG or SCORE architectures

The solution tailored around FinTP offers:

‒      Manual generation or retrieval of payments generated by internal applications: supplier invoices, taxes, customs, excises, wages

‒      Payments classification by configured payer company and payment type

‒      Definition of templates & template lists for repetitive or multiple payments

‒      Payment enrichment for reconciliation and reporting: supplier, ledger account, location, reporting codes

‒      Validation: possible duplicates, investigation of amounts above a certain limit, blacklisted accounts, IBAN format

‒      Payments investigation, correction, cancellation and authorization

‒      Generation of payment files (SWIFT MT101, ISO20022 pain.001)

‒      Processing account statements, synchronizing and reconciling incoming payments with internal applications

‒      Automatic generation of standard and user defined reports: suppliers, banks, possible duplicates, cancelled payments


We use cookies to deliver a cosy experience on our website.

The website is built over Wordpress and it uses plugins to display content as intended.

By accepting this notice, you consent to cookies on this device as per our Cookie Policy.

Some contents or functionalities here are not available due to your cookie preferences!

This happens because the functionality/content marked as “%SERVICE_NAME%” uses cookies kept disabled. To view this content or use this functionality, please enable cookies: click here to open your cookie preferences.