Information system (MIS and Decision support system)
With Powerful “Information system” of AIS One can –
Have better visibility of their business and better control on Numbers.
One can ‘Drill down’ an entity , So granular and can get Detailed view of the entity , which supports you in Decision making.
Consolidates/Groups all your entities in “Seconds”, So that you can analyze Your Group as if Like a ‘Single entity’ , Though your group might be spread in Different States or even different counties , with multiple operating currencies , Different Financial years (like USA Entities have Year of Jan to Dec , Indian Entities year of April to March) etc..
Now a days , Indian entities though having ‘Same Pan’ , since having many Verticals/ line business are having ‘Separate GST registrations’ and maintaining separate books by each GST Registration. With AIS , you can ‘Group’ all these entities and analyze your ‘Group’ in a Click.
In Accounting software you generate reports only ‘Entity currency’ , i.e For Indian entities Trail balance , P&L etc would be only in “INR”. Whereas in AIS you can generate any report in ‘Entity Currency’ or in ‘Document currency’ or even in ‘Group Currency’.