Wspierając controlling  ułatwiamy zarządzanie i rozwój firm

We support controlling improving  management and business growth

Efficient information flow enhances the performance of every organization.
Streamline your controlling processes with the modern Fincorex® system.

Fincorex® is a comprehensive solution
for financial reporting, planning, and consolidation.

It was developed in response to the needs
of controllers and CFOs seeking a fast, reliable, and efficient EPM tool.

1
0
1
0
0
1
2
0
1
3
+
years on the market
0
1
2
3
4
5
5
0
0
0
0
0
9
3
5
6
9
0
0
0
0
0
0
0
+
implemented models
0
1
2
3
0
0
0
1
5
0
0
1
0
0
0
1
0
0
+
system users

Applications

Controlling
  • Financial and management controlling
  • Cost analysis (OPEX)
  • Capital expenditures (CAPEX)
  • Daily reporting
Consolidation
  • Statutory (financial statements, notes)
  • Management (budget models)
  • Automatic intercompany eliminations
  • Consolidation adjustments
Learn more
Business Intelligence
  • Fincorex BI
  • Ratio analysis
  • Data analytics
  • Power BI visualizations
Learn more
Supporting solutions
  • Work-time reporting
  • IFRS 16 lease management
  • Loan and credit schedule management
  • Business valuation
Learn more

What makes Fincorex® stand out?

Flexible system

Fully configurable to adapt to your company’s changing needs, not the other way around.

Services Icon
Clear reporting

Designed from a controller’s perspective. Work seamlessly in an intuitive application or in Excel, with visualizations in Power BI.

Services Icon
Fast implementation

Built-in financial logic enables a quick and structured implementation, completed in weeks, not months.

Services Icon
Easy to manage

Controlling teams can independently add and modify system elements such as accounts, cost centers, or user permissions, without IT support.

Services Icon
Automated processes

All entered data is consolidated instantly, with no additional procedures required.

Services Icon
ERP integration

Imports data from accounting and ERP systems such as Symfonia or Oracle, with the option to integrate any other data source.

Services Icon
Full change control

Transparent data lineage and detailed logging of all modifications, including author and timestamp information.

Services Icon
Security

Your organization’s data is protected through corporate account login, multi-factor authentication (MFA), and regular system updates.

See how it works

Advanced  Business  Solutions
Planning
*
Consulting
*
INNOVATION
*
Planning
*
Consulting
*
INNOVATION
*
Planning
*
Consulting
*
INNOVATION
*

For years, we’ve been supporting controlling teams in international companies.
Now it’s time to make your work more efficient.
Leave your contact details and schedule an online meeting.

What our clients say

Andrzej Uzdrowski
Wojciech-Rosa
Shlomi Ben-Aharon
Kobi Altman

Based on our long-term cooperation with the Fincorex® team,
we decided to implement the system across our organization.

We use it primarily for reporting and planning of the profit and loss statement (P&L), balance sheet, and cash flow across all entities in our group.It performs quickly and efficiently in the areas most important to us — cash flow calculations, currency conversions, and the consolidation of budget and forecast data.
It’s a key reporting system for our organization.

The ability to connect directly through Power BI is also extremely valuable for us,
made possible by the Fincorex® Power BI Connector.

Long-term partnership and trust truly matter!

Wojciech Rosa
Dyrektor Finansowy Grupy Polpharma w Polsce
Andrzej Uzdrowski
Shlomi Ben-Aharon
Kobi Altman
Wojciech-Rosa

We implemented Fincorex® for our financial reporting process and sales data
by SKU and customer, within weeks!

The system is now a key decision-making tool in the management of financial and planning information for our business activities.It centralizes and manages the information from our organization’s ERP Priority system, creating an accounting and financial management reporting process in a uniform language, for Actuals, Forecast and Budget.

A huge thank you on behalf of the Remedix-Care management team.

Shlomi Ben-Aharon
CFO and IT Director at Remedix-Care
Shlomi Ben-Aharon
Andrzej Uzdrowski
Kobi Altman
Wojciech-Rosa

Fincorex® is our main controlling system.

We use it for departmental cost reporting and planning, R&D project cost tracking, and capital expenditure management. Cost allocations from departments to projects are essential for us — and the system fully supports this area.Fincorex® gives us the valuable ability to quickly reorganize reporting structures, such as cost types or cost centers, and to easily input data — both from Excel and via the web application.

It’s the right system for our controlling department!

Andrzej Uzdowski
Dyrektor Finansowy w Polpharma Biologics S.A.
Shlomi Ben-Aharon
Kobi Altman
Wojciech-Rosa
Andrzej Uzdrowski

Fincorex®, as a SaaS system, is an optimal solution for our growing needs.

We first started by implementing actual reporting. We were so pleased with the system that we moved forward and introduced planning and budgeting capabilities including long-range planning scenarios, followed by the complex costing module.

We recently expanded the platform to include the consolidated balance sheet, P&L, and cashflow statements as well as an HR module where we manage and report cost of labor, payroll, and headcount information.
Everything is running smoothly, and we receive strong support from Fincorex’s professional experts! Fincorex® meets our high standards and has made a significant positive impact on our company’s financial control.

Kobi Altman
CFO at Remilk Group
Arrow
Arrow

Case Studies

Click to view in detail

Comprehensive solution for controlling

  • Industry: IT
  • Number of companies: 5
  • Number of cost centers: 100
  • Processes 1: monthly reporting per cost center and project, with drill-down to accounting details
  • Processes 2: annual budgeting and forecasting of revenues and costs per cost center and project
  • Processes 3: quarterly forecasting of year-end results
  • Processes 4: time allocation and project profitability analysis at multiple levels
  • Scope: full profit and loss statement for cost center owners, margin analysis for project managers
Learn more
Click to view in detail

Departmental and project cost management

  • Industry: biotechnologia
  • Number of departments: hierarchical structure with over 100 departments
  • Processes: performance reporting, budgeting, and forecasting
  • Accounting scope: over 200 OPEX accounts, including cost allocations
  • Currencies: 2 transactional currencies, multiple reporting currencies
  • Access control: by department and cost line, with additional project-level permissions
Request a demo
Click to view in detail

Planning of capital expenditures per project

  • Industry: pharmaceutical
  • Number of projects: hierarchical structure with over 1,000 projects
  • Number of project managers: more than 200
  • Processes: expenditure reporting, budgeting, and five-year forecasting
  • Currencies: 3 transactional currencies, multiple reporting currencies
  • Attributes: over 20 project attributes such as project manager, function, type, and status
Learn more
Click to view in detail

Management consolidation in line with IFRS

  • Industry: multi-sector holding
  • Number of companies: 40+
  • Processes: actuals reporting, budgeting, forecasting, long-term planning
  • Scope: profit and loss statement, balance sheet, and cash flow statement
  • Currencies: multi-currency environment with 8 currencies and 2 exchange rate types
  • FX reporting: reporting adjusted to exclude the impact of FX fluctuations when comparing to budget, forecast, or prior-year data
Learn more
Click to view in detail

Planning personnel costs per employee

  • Industry: IT
  • Number of companies: 5
  • Number of cost centers: 100
  • Process 1: salary cost budgeting per employee
  • Proces 2: quarterly salary forecasting per employee
  • Scope: detailed breakdown of personnel cost components (e.g. social security, pension contributions)
Learn more
Click to view in detail

Project cost tracking per task with Gantt chart visualization

  • Industry: pharmaceutical
  • Number of projects: hierarchical structure of over 1,000 projects across multiple companies
  • Processes: actuals reporting, budgeting, forecasting, and performance modeling
  • Scope: direct and indirect project costs
  • Currencies: 4 reporting currencies
  • Complexity: forecast amounts are dynamically updated while working directly in the Gantt chart
Click to view in detail

Detailed bottom-up budgeting per SKU

  • Industry: pharmaceutical
  • Number of SKUs: over 10,000, planned under a different structure each year
  • Processes: actuals reporting, budgeting, and forecasting
  • Scope: from gross sales to EBITDA, including volume, price, and market share
  • Currencies: multi-currency environment with 8 currencies
  • FX reporting: adjusted to exclude the impact of FX fluctuations when comparing to budget, forecast, and prior-year data

Reporting and budgeting of field representatives’ expenses by region

  • Industry: pharmaceutical
  • Number of users: 800+
  • Processes: budgeting and actuals reporting
  • Scope: promotional and marketing expenses by type and operational area
  • Complexity: for actuals, expenses are recorded per document
Click to view in detail

Daily reporting by store and product category

  • Industry: pharmaceutical
  • Number of companies: 2
  • Processes: daily reports per store and in-store category
  • Scope: data collection for actuals, budgeting, and forecasting, including an approval workflow
  • Complexity: allocation keys for cost centers (CCs) across more than 100 allocation tables
Click to view in detail

Collection of allocation driver data

  • Industry: pharmaceutical
  • Number of companies: 2
  • Processes: data collection for actuals, budgets, and forecasts with approval workflows
  • Complexity: allocation keys for cost centers (CCs) across more than 100 allocation drivers
Click to view in detail

Long-term analysis of project profitability

  • Industry: pharmaceutical
  • Number of projects: >500
  • Processes: baseline projections, project nominations, updates, and simulations
  • Scope: from sales to EBITDA, including NPV and IRR
  • Currencies: multi-currency environment
  • Complexity: KPI calculation per project and market, with sensitivity analysis

Frequently asked questions

How is Fincorex different from Excel and other controlling tools?
Is Fincorex available only as SaaS?
Which accounting and ERP systems can Fincorex integrate with?
Does the system allow for detailed user access control?
How long does implementation take?
What kind of support is provided after implementation?
Is company data safe in the system?

Let’s talk about controlling
in your company

Book a consultation with us
Choose a convenient time in the calendar to schedule a meeting during which we will:
• discuss your controlling challenges;
• propose an approach to address them;
• seta date for a solution presentation.

Next, we will conduct a system presentation tailored to your specific controlling needs.

We will also show you broader perspective sand possibilities of the system in the context of your organization.

We also offer the development of models in the ‘Proof of concept’ formula. If you share details of your reporting model or data collection process withus, we will recreate it in the Fincorex® system and present the results during a follow-up meeting.

We look forward to meeting you!