Financial reporting automation – BiFinance
If you run a growing company and want accurate, reliable data on profit, costs and cash flows, but your information is scattered across different sources,
BiFinance brings all data together in one place, eliminates manual reporting, automates financial reporting and helps you make important financial decisions in seconds.
Take a step toward automation: request a demo and try it.
BiFinance brings all data together in one place, eliminates manual reporting, automates financial reporting and helps you make important financial decisions in seconds.
Take a step toward automation: request a demo and try it.
The new standard for your financial decisions
Move to flexible, automated reporting: save time, eliminate errors, manage and control your data yourself, and get the financial accuracy that grows your business
- Financial statements in one placeYou no longer need to keep track of versions of Excel files: all reports and indicators are synchronized on one platform
- Automated reporting in real timeYou no longer need to update files every day or reconcile data: data is consolidated automatically every day, with no manual intervention
- Collecting data from different accounting programsBiFinance collects data from all accounting programs (Fina, Balance, Oris, 1C, Excel). It imports the data automatically, with no export and no manual intervention
- Significant savings in time and resourcesWhat used to take hours by hand is generated automatically. The accountant and the finance team no longer spend time on reporting: BiFinance generates the required reports in the required format automatically
- Errors reduced to a minimumData comes directly from the sources, so there are no human errors or errors in Excel formulas
- Automated consolidated reportsBiFinance automatically generates consolidated financial statements for subsidiary and related companies, in a few seconds, not days
- Dashboards tailored to the userYou decide what directors, finance managers, employees or the owner will see
- Action-oriented analyticsThe data is not only visualized: it also gives you actionable signals (for overspending, falling revenue or profit trends)
- Fully transparent dataManagement and owners have the same view of the results: decisions are based on facts, not intuition
- The financial picture always at your fingertipsYou can monitor the business at any time, from any device (laptop or mobile), in the office or on the go
- Millions of records, a simple interfaceMillions of records collected from many sources, with easy-to-understand visualizations and in-depth analysis
BiFinance reports and analytics
One platform for full control of finances, with simple integration, multi-currency and multilingual analytics and accurate reporting
- Statement of financial position (Balance Sheet)– You see assets, liabilities and equity in real time
– You compare changes by period and by company
– The balance sheet comes alive; it is no longer a static table - Profit and loss statement (Profit & Loss)– You see it by organization, branch and business line
– You control revenue, costs and profit trends
– You make decisions not by intuition but with numbers - Cash flow statement (Cash Flow)– You control operating, investing and financing flows
– You compare money received and money paid out, and manage liquidity precisely
– You see how the movement of cash affects profit - Performance indicators (KPI Dashboard)– All key indicators are calculated automatically
– You compare results with targets and get actionable insights in seconds
– You see not only the numbers but also their impact on the business - Plan execution analysis (Plan vs actual)– You compare planned and actual results in real time
– You see deviations and their effect on results
– You track progress easily and quickly - Data validation and "Check" reports– It automatically verifies data accuracy
– It eliminates errors and duplication
– It ensures transparency and the reliability of reporting - Consolidated financial statements (Group Reporting)– It combines the data of companies automatically and accurately
– Intercompany transactions and currency mismatches are eliminated
– You see the financial picture of the whole group for decision-making
Why Bivision?
Fast integration – results from the first week
Pre-tested connectors (Fina, Oris, Balance, 1C) provide the necessary data transformation and BiFinance integration in 2-3 weeks. Your team gets reports from the very first week.
Tailored to Georgian business – fewer errors, more clarity
Our analytics is built with the best local financial practice in mind. Every report "speaks" the language of Georgian finance. As a result, you get reliable numbers, not a complicated foreign system.
One view: decisions, not data chaos
Automated consolidation from all ERPs and Excel files into one view. You choose the business task, we build the reports. No more time is lost on files; you gain a strategic view.
Bivision: a partnership that does not end with implementation
Our relationship does not end with implementation. A team of finance specialists and architects monitors results and usage, develops the reports and supports your internal analytics culture.
They manage with data
As our data grew, we needed to receive processed information in the form of reports. After researching the market, we implemented a business analytics program. It is a rather flexible and dynamic environment where, as they say, the whole business process is "in the palm of your hand". Qlik Sense users include the sales group, the procurement team and, of course, management.
As the company grew, processing accounting data by sales and cost of goods sold became more complicated, so a flexible analytics system became necessary. Every member of the Chirina team can get sales and production cost analytics in real time by product, buyer, retail chain or any other dimension they need.
With the business analytics system in place, the company has reports that are updated every day and always relevant. This allows the business to make decisions based on the most recent information, track all the indicators it needs, and know sales results, profitability, efficiency and more.
Every member of the management team can get analytics in real time, broken down the way they want. Operational analysis of financial indicators and working capital management became easier and faster. Our team meetings became more informative and more productive.
As our data grew, we needed to receive processed information in the form of reports. After researching the market, we implemented a business analytics program. It is a rather flexible and dynamic environment where, as they say, the whole business process is "in the palm of your hand". Qlik Sense users include the sales group, the procurement team and, of course, management.
The financial analytics module helps us constantly monitor and analyze the company's financial indicators, make strategic decisions on time and plan future financial periods.
Vidisi, as an innovator in the energy market, plans to adopt additional analytics modules in the future and to deepen its partnership with Bivision.
Vidisi, as an innovator in the energy market, plans to adopt additional analytics modules in the future and to deepen its partnership with Bivision.
"The receivables application took our work to a completely new level. With one click we find the differences between management and accounting ledgers, and we check that closed cases are posted correctly and that advances are offset properly. As a result, the aging of debts has fallen significantly, while our team's efficiency and the quality of our work have noticeably increased."
