Aaro
Collaborative Data Analysis Within a Secure Environment.
At Pierre Consulting, we are proud to offer our clients the powerful AARO products. Whether you have a small business with just a few companies, or a large multinational corporation with 1,000 companies, AARO’s consolidation system makes it easy to manage your corporate performance.
The AARO Baspaket is delivered as a ready-made package that can be used immediately, but can also be tailored to your specific needs after installation.
We offer full support for all central Corporate Performance Management processes, including:
- Group reporting and consolidated accounts,
- Business management and analysis,
- Simulations and recalculations,
- Planning, budget, and forecast.
AARO consolidates in real time with full availability around the clock
AARO consolidates all information in real time, without delay. All your users throughout the organization can perform analyzes undisturbed and take out reports when changes occur, for example during the very last minutes of a group financial statement.
No more reconciliation of differences!
You never again need to spend time reconciling any differences that may occur between the legal and operational reporting and the follow-up, because the single consolidation done in AARO covers both the legal and external consolidated accounts as well as the operational and internal follow-up. You can therefore be sure that these always agree with each other.
Quality-assured closing process without downtime
We assure you that AARO can be available 24/7 for all users and can be used even during consolidation or when maintenance is in progress, guaranteeing a quality-assured closing process without downtime.
With AARO, it is also easy to continuously monitor all operational, financial or non-financial values in the business. These areas can be anything from products, production lines, customer segments, business areas, projects, countries and markets, to HR and environmental statistics.
AARO Basic package – ready to start using immediately
We can deliver and install AARO as a ready-made platform, AARO Basic package, delivered with chart of accounts, consolidation logic and a number of standard reports that are ready to start using in the group immediately after installation. You can also adapt the basic package yourself, or together with us, to company-specific requirements and wishes.
We also provide basic training and support through the AARO Academy, so you and your users can easily add, edit or delete accounts, reports, and logic calculations, and create customized reports to suit your company’s specific needs and much more.
The AARO Basic Package contains, among other things:
- Chart of accounts EU BAS (based on IFRS)
- Acquisition register
- Cash flow
- Notes to the annual report
- Acquisition elimination
- Microsoft Excel add-in
- Dashboard
If you’re interested in learning more about how AARO can help streamline your business operations, contact Pierre Consulting to schedule a demo today.
There is often a need to be able to work with AARO data in other systems in real time. To make this possible, we also offer the AARO Connector – a product that opens the door between AARO and other systems so they can communicate.
Transfer and work with AARO data in other systems
AARO Connector is an additional product to AARO that we offer at Pierre Consulting for those who occasionally need to analyze AARO data in combination with data that is not stored in AARO.
Look at and work with AARO figures in, for example, your budgeting or forecasting solution or other BI tool – always in real time. AARO Connector also works well with Microsoft Excel and other Office tools and development environments.
Secure transfer & always up-to-date figures
The export from AARO takes place with the same authorization management that you or another user has in AARO. A user in AARO can also control what data other AARO Connector users are authorized to see.
With a simple click on the “Update” button, you will always see the latest numbers where you have chosen to export them.
Advantages of the AARO Connector:
- Opens up the use of the numbers from AARO in other systems in real-time, with a few keystrokes – time and time again!
- Broad and flexible area of use regarding various external systems and applications.
- Simplifies and facilitates the daily work in many parts of your organization.
- The company’s IT department can export data from AARO for storage externally, for example in a data warehouse that can be accessed by end users.
- Secure and permission-based transfer and use.
The AARO Integrator streamlines the group’s reporting and closing process by providing a quick, secure, and efficient way to import data into AARO without any additional steps.
Does your group’s data reside in multiple ERP systems across different subsidiary locations? It’s common for groups to have data distributed across various ERP systems. This can cause extra effort for subsidiaries when reporting as they must gather information from multiple sources for each financial statement.
AARO Integrator allows you to quickly and efficiently gather data, minimizing delays and decreasing the likelihood of inaccurate information being submitted.
AARO Integrator makes no mistakes
You can trust that the integrator has accurately loaded the requested data without any errors, eliminating the need to check with reporting subsidiaries.
We have customers who utilize a variety of ERP systems, such as VISMA, Navision, Hogia, Agresso, NetSuite, SAP, MS Dynamics, among others.
Schedule automatic import or semi-automatic entry
Using the AARO integrator to retrieve data provides improved control and security, as well as the option to load data outside of regular business hours without the need for additional staff. The integrator also handles tasks such as mapping, summarization, reversal of signs, and more to ensure that all data is properly placed and formatted during each read-through. Users can customize the mapping and conversion rules to their specific needs.
Advantages of AARO Integrator:
- Saves time by eliminating the need to log in and out of different programs to access data
- Guarantees secure and accurate data transfer
- Allows for real-time analysis of both source and consolidated data
- Facilitates easy and fast retrieval of desired information through the use of a “drill” function
- Allows for easy integration and modification of existing integrations
- Gives full control over mapping rules
- Not dependent on a specific person.
Automate the report process to eliminate manual labor. You can create ongoing subscriptions using AARO Report Subscription, and the distribution is handled automatically.
Automate the tedious, manual distribution of reports!
Reports are frequently used in organizations, and each user has different needs. The CEO, management, the board, the controllers, and the reporters are just a few examples of stakeholders within groups. They are primarily created manually with the aid of MS Excel or other reporting tools, and they can be distributed in a variety of ways across the organization without restriction or authorization requirements.
The AARO Report Subscription is appropriate in terms of both user rights and distribution frequency.
The AARO Report Subscription process is as follows.
An administrator can create report packages with AARO Report Subscription, which are then sent to AARO users in accordance with a predefined subscription. A link to report packages connected to specific users or user groups is part of the subscriptions.
The packages are sent out according to the chosen frequency, such as daily, weekly, or monthly. Additionally, it is possible to set deadlines or send one or more reports upon request.
Send a file or an access-controlled link
If you have a legitimate user right in AARO as a recipient, you can only open and view reports as a subscriber. In this manner, an unauthorized user is prevented from subscribing to a report that is outside of their scope.
The subscription feature can still be used if a report recipient within the company does not make use of AARO. Then, rather than including a link, you can opt to send the report package as an email attachment (a pdf or MS Excel file). After that, the recipient can read the attachment without logging into AARO.
Instead of developing the group’s analytical dimensions in AARO, import them using AARO Dimension Import. It’s faster, smoother, and easier than doing it manually.
Why AARO Dimension Import and what do we mean by dimensions?
What we call dimensions are different operational, financial or non-financial groups of business areas that companies can use to analyze the progress of their business or find weaknesses to improve. Common dimensions are:
- Cost center
- Business areas
- Countries
- Markets
- Customer segment
- Products
- Production lines
- Environmental statistics, etc.
With many dimensions that have a relationship to each other, such as project and business area or property and cost center, the maintenance of these dimensions and their dimension members often increases.
Maintenance and follow-up can be done manually in AARO but, like all administrative work, requires both time and resources. This is where Pierre Consulting comes to the rescue with AARO Dimension Import
This is how AARO Dimension Import works
With the add-on product AARO Dimension Import, you can instead import these values in a semi-automated process.
All new dimension members and the entire hierarchical relationship between dimension elements for different dimensions are imported directly from the ERP systems and end up in the right place in AARO.
The starting point is a defined text file that can contain data from one or more dimensions, which you specify as the source.