The Validis Service

Validis does two important things, very, very well:

1. It helps you analyse any business instantly, generating easy to use reports to assess financial performance.

2. It catches errors and anomalies in any set of accounts, so you can fix mistakes before it's too late.

Its availability over the internet means its business and accounting rules can be automatically applied on a continuous basis across the data. It's so convenient and easy to use that anyone can regularly assess the health of their business.

The Validis Functionality diagram (available as a .pdf) depicts how the user interacts with Validis and the detailed types of analysis it provides them with in relation to their financial accounts.

Fast analytical review

Analytical review allows users to analyse the contents of their financial statements: scanning the figures, making comparisons to prior periods and appraising logical relationships among accounts (e.g. an upturn in sales attributable to marketing expenditure) all help to build up a complete picture of the business.

Validis helps simplify and speed up the process of creating an analytical review, making it accessible to stakeholders in the business, whenever they need it.

The Validis analytical review provides you with two kinds of analysis.

Variance Analysis - instantly provides comparisons of recent performance versus historical periods in the line items that make up the Profit and Loss and Balance Sheets. If deeper knowledge of what makes up a particular figure is required then the user can drill down into the underlying data to discover the detail.

Ratio Analysis - looks at changes in key business ratios such as profitability, efficiency, performance, liquidity and gearing.

Catching errors

Everyone makes mistakes. But not everyone has the time and resources to catch mistakes. These could result in loss, fines, lawsuits or damaged reputations.

Validis helps accounting and business directors catch their accounting mistakes before anyone else does, just upload a set of accounts and Validis generates a results dashboard in seconds.

Validis uses sophisticated data analytics and statistical algorithms to identify deviations from accounting best practice, breaks from usual trends and exceptional or misclassified transactions.

Validis is much more comprehensive than sampling techniques can ever be - but as quick and easy as a spellchecker.

Validis validates fast