“The drilldown function means that you quickly can drill down all parameters, and that everything is connected. The system also consolidates on the dimensions you have set up, every time. I think they’re some of the greatest strengths of AARO.”
Jacob Anderberg, Business Controller, Nordic Water
”We came from Excel. And when you don’t have a proper consolidated accounting system, it takes up all your time. When you’re trapped in Excel, you lose all control – you can’t compare numbers, formulas break, no audit trail, etc. So, switching to AARO has really helped us.”
”It is really easy to get a good overview of all the subsidiaries’ financials at once, through various reports in AARO. This is appreciated by us, as well as by our auditors. Also, we make several acquisitions per year, and therefore appreciate how easy it is to grow with AARO and add new subsidiaries.”
“What I find most useful for our part is drilldown, legal consolidation, and the retrieve function. Drilldown greatly simplifies the accounting process. And it feels safe when working with eliminations, and when to get the reconciliation to add up.”
“The AARO function we value the most is Drilldown. The possibility to “twist and turn” all figures. It is relatively easy to spot differences and see where they come from, because you can analyse down to the lowest level of all components. Very flexible. It is also very good at taking care of all the eliminations, so that it’s the most simple thing in the entire accounting process nowadays.
Compared to Excel, AARO handles all conversions itself, and then you get nice reports that you can compare, and check across different periods. It is also a great advantage that all conversions are managed automatically. When I’m balancing the books, I feel confident that all the data is correct. I can definitely recommend AARO.”
Adela Colakovic, Group Accounting & Consolidation Manager, ice group
“In the closing process, it is highly appreciated that the monthly package is completed without having to spend a lot of time on it. Analysis can be done with the Retrieve Excel function, and then it is easy to run a report and see how it looks: it’s very accessible.
The simplicity of the regular monthly reports are one of the great benefits of AARO. And that we have everything collected and documented, it is really adaptable.”
”Some things we think are good about AARO are that it is a powerful consolidation tool with minimal waiting time. In the AARO Web client you can easily collect information such as reporting-in times and the accounting handbook. The information is thereby made easy to access for the accountants in our subsidiaries.
It suits us excellently that AARO is so flexible that it can be adapted for each activity by having several report packages in the same period. In addition to reporting in the AARO Web Client, we can easily collect information such as reporting times and financial handbook.
Last but not least, we consider that the consultants are extremely skilled at group accounting, which has several times given us higher quality, during upgrading for example. It is an opportunity to correct things which have not been corrected earlier. AARO is also easy to install and start-up when there are new employees or when the computer has been changed.”
“The reason we went from Excel to AARO was a security perspective. Then, it is also a good reporting tool, and you have all the data gathered in one place.
What I like about AARO is that the report generator is very good. Very powerful.
And it is great that there is scope to build reports yourself, with a very user-friendly interface. I think it is a comprehensive product.”
“We have been using AARO for over ten years. Today, it is one of the key systems we use for global financial follow-up. It has many advantages that benefit us. What suits us best is that it gives us full transparency to view details from group level, down to the lowest operational levels, through the integrated report generator.
The ability to easily twist and turn information, together with the close integration with Excel, makes it very simple for us to analyse and present data for the entire organisation within the AFRY Group.”
Pernilla Crusenborg, Director Group accounting, AFRY
“With AARO we always feel secure. We have a quick, flexible closing process and AARO is up and running 24/7, even during system maintenance. Since introducing AARO we have cut leadtimes. Today our group accounts are matched and ready in 3-4 hours, compared to 2-3 days previously. That is valuable time which today we can instead spend on analysis.
What I like best about AARO is that I see the entire group consolidated and eliminated down to the base follow-up level, all in one place, and there are never discrepancies between the legal and operational reporting and follow-up. It is an all-in standard system that in addition can be adapted to our demands and wishes.”
“We began with a basic reporting package designed to handle primary steps in group reporting. Since the system is easy to maintain and develop, we have successively added our own forms and reports.
Today, a “normal” monthly closing including checking takes about four hours. The entire operational reporting therefore takes a few minutes to retrieve into Excel, and time can be devoted to analysing results and to commenting.”