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What is eprentise?

Eprentise's consolidation software empowers organizations to merge several instances of Oracle® E-Business Suite (EBS) into a single, cohesive database that includes all relevant data and historical records from the original systems. The company received a patent for its unique consolidation approach in 2012, designated as US 8,103,704. By utilizing its extensive expertise in Oracle® EBS, eprentise presents an effective and cost-efficient solution for integrating different instances, which is especially advantageous during mergers, acquisitions, or shifts to a centralized data framework. This software automates the consolidation process, generating all necessary code to ensure data uniformity, rectify discrepancies, align setup parameters, and integrate business functions across various EBS versions. As a result, it produces a unified database that consolidates all source EBS instances while aligning them with the organization's current strategic goals. This streamlined integration not only boosts operational efficiency but also offers a more comprehensive view of business performance, ultimately aiding in informed decision-making and strategic planning. Organizations can therefore rely on this solution to navigate complex data environments with greater ease and effectiveness.

What is Greatwill?

Greatwill is a software solution from Finland designed to facilitate the development of consolidated financial statements that adhere to the Finnish Accounting Act (FAS, Finnish GAAP). By structuring the consolidation process into distinct group events, each linked to a specific form, it enables the automatic generation of necessary elimination entries, reconciliations, and the overall consolidation worksheet from the data inputted into these forms. Every group event features its own specialized form that addresses various scenarios, including the establishment and acquisition of subsidiaries, managing intra-group transactions, handling receivables and payables, accounting for unrealized profits in inventory and fixed assets, and managing intra-group dividends, along with the translation differences for foreign subsidiaries. The software also oversees minority interests, facilitates the transfer of depreciation variations and tax reserves to equity, accounts for deferred tax implications, and employs equity-method accounting for associated entities, as well as transactions related to the sale or merger of subsidiaries. Each form is intentionally designed to collect only essential information, while simultaneously automating the management of factors such as exchange rates, tax consequences, and minority interests, thereby promoting efficiency. This all-encompassing strategy not only streamlines the process but also minimizes the potential for errors in financial reporting, ultimately leading to more reliable financial statements. With its user-friendly interface, Greatwill further enhances usability for financial professionals.

Media

Media

Integrations Supported

Oracle E-Business Suite

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$3,500/year
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

eprentise

Date Founded

2006

Company Location

United States

Company Website

www.eprentise.com

Company Facts

Organization Name

Greatwill Oy

Date Founded

2024

Company Location

Finland

Company Website

greatwill.fi

Categories and Features

Financial Reporting

Consolidation / Roll-Up

Categories and Features

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