Loading...

Thank you for your message

Thank you for your message. It has been sent successfully

Successfully sent

Your e-mail has been successfully subscribed to the newsletter

Want to know more?
Let's meet up!

What will happen after completing the questionnaire?

  1. We will contact you with an offer of dates
  2. Together, let’s take a look at how Symfio can help you and how the app works
  3. Let’s take a look at your current financial management system
  4. We will agree on the terms of cooperation and possible customization to suit your needs
  5. We will guide you through the entire implementation process

By submitting you confirm that you are aware of the processing of personal data.

Modern authentication and security for the financial industry

Petr Dvořák

CEO

Industry

Software in cybersecurity

Company founded

2014

Turnover

>750.000 EUR

Challenges

  • Reporting from accounting data

Financial data is an asset that can bring benefits, so it is necessary to take care of it. We began cooperation with Wultra during the financial Due Diligence ("DD") that we conducted for J&T Ventures.

After the "DD," the management of Wultra decided to collaborate. First, the accounting and actual status of receivables and liabilities were verified. In this regard, the Wultra team was very helpful to us because they meticulously maintained an overview in an online tool for managing liabilities and receivables. Thanks to this, we were able to reconstruct the initial states.

With regard to accounting, processes were further established to fulfill the quality requirements for information flows between Wultra's back office and accounting, documented in a simple CODEX (link to Codex).

The next step was to set up reporting categories within accounting. Using analytical accounts, centers, and activities, we were able to simplify the view of the company's operations so that this data could be easily and clearly visualized. Management can thus easily read stories from the reporting about what is happening in the company.

Another positive outcome is that investor reporting is conducted completely transparently and in accordance with the standards that investors expect. This saves management time, which can be devoted to the company's development, business opportunities, and product.

By subscribing you accept the Privacy Policy

Request quote for clear insights