The features of Validis Amatino

Use the Validis Connect data extraction tool to automatically locate, encrypt and upload the entire nominal, sales and purchase ledgers and the chart of accounts held within the source accounting application.

Validis Amatino automatically identifies and non-standard elements of a chart of accounts, and allows the user to easily drag and drop these to their correct position.

Tailor the period for reviewing. Define materiality as percentage of turnover, pre-tax profit or total assets. Select any value, manually define or disable materiality altogether. At all stages during the review you have the ability to slice and dice the data according to your requirements.

In a fraction of the time of traditional methods, use the Validis Review Flow to define and execute structured, comprehensive analysis tailored to the business under review.

Ensure accurate, consistent reporting between periods. Use Validis Amatino to calculate the correcting adjustments to opening balances by completing online journals. All entries are included in your working papers with supporting narrative and audit trail

Use Validis' advanced analytics to automatically check every transaction and balance in the entire data set for potential issues, anomalies or mispostings. Issues identified include:

• Material reductions in balances
• Trend breaks
• Exceptionally large values
• Unusual combinations of transaction fields (e.g. inconsistent use of VAT codes in accounts)

Read more about Validis' advanced issue investigation

Add comments and narrative at each step of the review. These are appended to the appropriate area and are generated in the final management pack and working papers, providing full commentary and evidence of activities conducted.

Make adjustments as you review your client's accounts without committing them to the source accounting application. Assess their impact, amending or deleting prior to final accounts production. Record and publish adjustments with comments for inclusion in the final report pack.

Instantly build comparative performance analysis at the required level of detail defined by category, nominal account or transaction level, for any period and duration. Assess areas such as sales, cost of sales, aged debtors, VAT, Bank, in-depth with ease

Use the Financial Snapshot report to view all key financials and ratios for the defined review periods in both tabular and graphical format. If required, extend this to comparisons over all possible date combinations. Drill down directly to underlying transaction data.

Graphically view trends of monthly, quarterly and yearly activity of all key categories within the accounts, as well as detailed transaction movements for any chosen period.

Instantly view top-ten debtors and creditors, drill down to view outstanding balance detail. There are multiple graphical representations of balances and aged analysis.

At any point during the review, drill down to investigate transaction detail, underlying account movements or variances in any part of the profit and loss or balance sheet.

Use Validis Searchlight, a Google-like search function to instantly find or compare account categories, names, transaction details, types or codes, without navigating away from the current page and section under review.

Instantly create a full detailed management pack and working papers, including all commentary, graphical analysis and adjustments. Four main packs created to suit any purpose: full report, management accounts, adjustments and review summary.

Working papers that include a complete review commentary and adjusting journals, as tangible evidence of the work undertaken in order to present to the client and retain for your records.

Validate and automatically submit up-to-date financial reports in a standardised format to providers of credit and finance directly from Validis Amatino.