Eleven's Analytical Accounting module enhances financial management by offering detailed insights into costs, revenues, and profitability. It integrates seamlessly with modules like the general ledger, automated bookkeeping, and multi-currency accounting, enabling precise resource allocation and performance evaluation.
Break down your financial data by multiple dimensions such as departments, projects, products, or cost centers. Gain a granular view of performance without overwhelming your general ledger.
Analytical accounting works in harmony with your existing General Ledger, giving you a consolidated view of financial and non-financial data.
Analytical Accounting enables businesses to track and manage their finances at a detailed level, allowing for more informed and strategic decisions. By seeing exactly where money is being earned or spent, you can identify cost-saving opportunities or areas for reinvestment.
Get up-to-the-minute insights into your financial performance. Whether you’re managing a single entity or a global operation, Analytical Accounting gives you a clear understanding of profitability at every level.
Create tailored reports that focus on the financial areas that matter most to your business. Our integration with Eleven APIs ensures you can extract data into Excel, PowerBI, or other business intelligence tools for further analysis.
Power Query automates the process of connecting to various data sources, extracting relevant information, and transforming it into a structured format suitable for analysis. This reduces manual effort and minimizes errors.
Users can leverage Power Query to build dynamic dashboards that provide real-time insights into financial performance. These dashboards can visualize key metrics, track trends, and support strategic decision-making.
By combining Eleven's data with Power Query's capabilities, businesses can perform complex analyses, such as variance analysis, rolling forecasts, and budget comparisons, all within a familiar Excel environment.
Book a personal live demo to see how Eleven can streamline your accounting practice and tasks.
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