SYSPHERA fully integrates its solution with the MicroStrategy BI platform in a transparent way for the end-users. This complements and extends the capability of the BI MicroStrategy Platform, providing business users appropriate administration of their Planning, Budgeting, Forecasting & Consolidation processes, allowing the creation of scenarios and simulations. The fact that the consolidation is usually done manually with the use of Excel makes it difficult to reflect changes in organizational structure without a huge workload.The acquisitions, as well as the management of rounded and distributed in various places in the financial documents, often represents a major nuisance when reviewing the consistency of the figures. The ability to get a consolidated view of businesses from the standpoint of BI + CPM, allows customers to analyze critical information, considering the performance achieved and the various options for future scenarios and their impacts on the balance sheet, income statement and cash flow in order to find a strong base for the decision making process.

1. Executive
Presentatio
January, 2014
n

2. Why We Are Here?
Know a consolidation and a financial
planning solution which favors:
• Our talent
• Our creativity
• Our knowledge
• And mainly...
• Our productivity!

3. Managerial and
Accounting
Consolidations
Theory and
Practice for
Sysphera Solution

4. GPS
CRM
Agility
Academic Information
Service Calls
Transactions
Planning
Social Network
Orders
Instant Messages
Speed
Inventories
Planning
IDC: 900 billions of Gigabytes
of Digital Information
Selling
Mobile
Tweets
Opportunities
Emails
Challenge of Relevant Information

5. Reflexion
Once, students asked a teacher the reason
that the survey questions were the same as
last year ...
Yes, replied the teacher ... the questions are
exactly the same. What you should know is
that the answers have changed.
Albert Einstein

6. Managerial and Accounting
Consolidations
Objective
To present to shareholders and
creditors, the results of operations
and financial position of the parent
company and its subsidiaries, as if
the group were a single economic
entity.

7. Managerial and Accounting
Consolidations
Consolidated financial statements normally
include consolidated balance
sheet, consolidated statement of profit and
loss, and notes, other statements and
explanatory material that form an integral
part thereof.

8. Responsibility
CFO
The financial statements
consolidation represents a complex
and time consuming activity,
resulting in the finance team
monopolization as well as other
members of senior management.

9. Effectiveness of
Consolidation
Process

10. Consolidation Process
Main Challenges
• The effectiveness of the process such as it is;
• The quality, consistency and availability of
information;
• The control of the process itself;
• Maintenance of the calculating back up;
• Full control of eliminations;
• Determination of intercompany consolidated
results, actual and planed figures.

11. Effectiveness

12. Effectiveness of Consolidation
Process
The fact that the consolidation is usually done
manually with the use of Excel makes it difficult to
reflect changes in organizational structure without
a huge workload.
The acquisitions, as well as the management of
rounded and distributed in various places in the
financial documents, often represents a major
nuisance when reviewing the consistency of the
figures.

13. Effectiveness of Consolidation
Process
The review process usually overloads the
finance team and a number of other
company executives to ensure the
consistency of information across different
documents.
Publicly traded companies are even more
pressed for speed and accuracy of the
information demanded by the consolidation
process.

14. Consistency,
Quality and
Information
Availability

15. Operational Processes
Many efforts are still spent on capturing
information, and this search is usually done
in time, usually tight, increasing the risk of
errors.
Provide a centralized model, capable of
linking various account structures and
peculiarities of each business
AUTOMATICALLY is an instrument of great
value to the process of consolidation.

16. Data Load: Workflow
Viewing Activities
Consolidation, hierarchically
organized by Entity
Specification of Responsible and
Deadlines for implementation of
tasks.

17. Data Load: Assistant
ERP data load controled by the
Workflow and parameterized
through step- by-Step wizard

18. Procedures

19. Procedures
Consider the uniformity of accounting
standards
In case of application of different policies,
adjustments must be made​​, even if nonaccounting, to adjust the statements of the
subsidiaries.
Subsidiaries operating abroad, subject to
specific legislation, and the conversion of
amounts calculated in foreign currency.

20. Procedures
Eliminate the carrying value of
investment in each subsidiary of the
parent.
Eliminate the part of the parent
shareholders' equity of subsidiaries.
Eliminate the intercompany balances,
transactions, dividends, revenues and
expenses.

21. Procedures
Taxes
Besides the normal elimination of unrealized
profits or losses contained in the active, the
controller must recognize a tax liability or asset.
This includes:
• Income taxes on asset transactions
• Value added taxes

22. Procedures
Participation of NonControlling Shareholders
Also called minority participation of
Non-Controlling Shareholders
should be presented in the
Consolidated Balance Sheet within
Equity, separately from the Parents
Owners´ Equity.

23. Managerial Adjustment
Intelligent forms, with filters for
browsing in all model structures.
Data adjustments for all levels and
accounts of each entity

24. Managerial Adjustment
All adjustments are auditable and
validated by a Reviewer

25. Managerial Adjustment
Option of adjustments creation
through balanced journal entry
controlled by the workflow

26. Managerial Adjustment
Option of adjustments creation
through balanced journal entry
controlled by the workflow

27. Managerial Adjustment
Journal entry adjustment Library

28. Managerial Adjustment
Journal entry adjustment Library
execution controlled by workflow

29. Publication and
Notes to the
Financial
Statements

30. Notes to the Financial Statements
Objective
Provide the CFO the ability to
demonstrate the adjustments made
at the time of consolidation, as well
as rules that support them.

31. Consolidated Financial Statements
All of the Consolidated Statements
generated according to the
legislation and customer needs.

32. Consolidated Financial Statements

33. Consolidated Financial Statements
Analisys by Company

34. Consolidated Financial Statements
Analisys by Company

35. Consolidated Financial Statements

36. Consolidated Financial Statements

37. Notes to the Consolidated Statements
Generated in Excel
format to facilitate the
insertion of any
Consolidation
Document.

38. Notes to the Consolidated Statements
Generated in Excel format to
facilitate the insertion of any
Consolidation Document.

39. Notes to the Consolidated Statements

40. Notes to the Consolidated Statements

41. Financial
Consolidation
Process
Management

42. Current Perception
With current regulations, the concept of control
is perceived increasingly as a critical element
for all financial processes. However, it is almost
impossible to keep a reliable audit of
manipulation when performed manually in
Excel format.
Furthermore, following a manual process, it is
also difficult to control the schedule of activities
of the various stakeholders, taking into account
the following review and approval according to
a defined hierarchy.

43. Tangible Benefits
• A controlled, centralized and truly cooperative
environment to manage the financial consolidation
process;
• A significant reduction in time and costs of generating
consolidated financial statements;
• Traceability of actions taken;
• Less dependence on IT area for manipulation of
information in the process of financial consolidation.
+ PRODUCTIVITY!
= Greater human capital valorization in
organizations.

44. Consolidation Process Management
Viewing Activities Consolidation,
hierarchically organized by Entity
Specification of Responsible and
Deadlines for implementation of
tasks.

45. Consolidation Process Management
Intelligent tasks guide the entire
consolidation process, with
deadlines and rules control for the
application.

46. Consolidation Process Management
Each activity has at least one
reviewer, establishing a
collaborative and productive.

47. Consolidation Process Management
Automated Rules to conduct and
control all stages of the process.

48. About
Sysphera

49. Our Company
SYSPHERA is a Brazilian software company with global
operations, dedicated to Corporate Performance
Management space.
Headquartered in Florianópolis-SC/Brazil, Sysphera has a
local USA Office located in Boston-MA.

50. Our Company
SYSPHERA fully integrates its solution with the
MicroStrategy BI platform in a transparent way for the
end-users.
This complements and extends the capability of the BI
MicroStrategy Platform, providing business users appropriate
administration of their Planning, Budgeting, Forecasting &
Consolidation processes, allowing the creation of scenarios
and simulations.
The MicroStrategy and SYSPHERA Integrated solutions are
used by dozens of customers in several countries.

51. Company Operations
The products developed by Sysphera are delivered to
market through the Master Reseller Soft6 using their
extensive network of Value Added Resellers (VARs) that
operate in Brazil, Argentina, Panama, Peru, Mexico,
Canada, USA and Portugal.
BRAZIL - CORPORATE HQ
Rua Lauro Linhares, 2055
Flora 704, CEP 88036-002
Florianopolis-SC, Brazil
Tel. +55 (48) 3206.3107
ARGENTINA
Ing. Butty 240
4th Floor - C1001AFB
Buenos Aires, Argentina
Tel. +54 (11) 4590.2265
PANAMA
Calle 50 y Santo Domingo,
Torre Global Bank, 32nd Floor,
Of. 3203. Panama, Panama
Tel. +507 831.5575
MEXICO
Monte Camerún 54-2N
Lomas de Chapultepec
Mexico City, DF 11000
Tel. +52 (55) 1209.6552 ext. 120
CANADA
6190 Atlantic Dr. Suite #01
Mississauga, ON L5T 1W3
Canada
Tel. +1 (905) 848.7961
ARGENTINA
Av. Roque S. Peña 825
9th Floor Of. 91/92
C1035AAD – CABA
Tel. +54 (11) 4328.7866/72
PERU
Calle Elías Aguirre 126
Of. 1001 - Miraflores
Lima 18, Peru
Tel. +51 (1) 719.4180
PORTUGAL
Av. António Augusto de Aguiar,
108 – 7th Floor
1050-019 Lisbon, Portugal
Tel. +351 210.992.259
UNITED STATES
30 Montrose Avenue
Suite #19G
Brooklyn, NY 11206 USA
Tel. +1 (917) 474.9303

52. Sysphera
Solutions

53. Functionalities

54. Competitive Edge
Sysphera
Others
Finance
Professionals
Oriented
IT Professionals
Oriented

55. Sysphera PFO

56. Sysphera PFO for MicroStrategy

57. Mains Customers
Finanças
e Seguros
Indústria e
Tecnologia
Saúde
e Ensino
Energia
e Governo
Transporte,
Serviços
e Varejo

58. Thank You!
antonio.dutra@sysphera.com
www.sysphera.com