Digital in Financial accounting advisory services (FAAS)

In Financial accounting advisory services

In Financial accounting advisory services (FAAS), we are digital in everything we do. By enabling the power of digital in finance, we believe it can help us unlock human potential and introduce new and better ways of working.

The digital knowledge and experience of our teams places us well to help you refresh your finance and accounting practices, experiment with new ideas and transform your entire finance function. The depth and breadth of digital capability allows us to bring change in terms of strategy, structure, people, process, technology, governance, risk, compliance and Environment, Health and Safety (EHS).

What EY Digital Financial Accounting Advisory Services can do for you

All our solutions are digitally enabled. Digital is also at the forefront of how we deliver value to our clients across our six solution clusters. This is how we are answering tomorrow’s questions today.

  • Digital in Accounting and Reporting

Our accounting and reporting solutions are underpinned by state-of-the-art digital enablers, such as EY DigiFAAS, EY LAN (Lease Accounting Navigator) and EY Policy Sphere, to significantly enhance the efficiencies of finance and accounting teams and ensure better compliance.

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  • Digital in Transaction Accounting, IPO and Capital Markets

Our transaction solutions bring cutting-edge tools like EY IPO Enabler and EY STAT (Strategic Transaction Accounting Tool) to identify gaps, provide deeper analysis and faster insights during Initial Public Offerings (IPOs), mergers and acquisitions (M&As), sales and divestitures. They also help clients to adopt a structured approach and focus on deal value improvement and better integration.

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  • Digital in Systems, Processes and Analytics

Our solutions in this cluster are built around the latest technologies such as Artificial Intelligence and Machine Learning. These tools include EY SAAM (Smart Accounting and Analytics Module), Alteryx and data visualization tools like Power BI and Spotfire.

The solutions leverage the power of data to help clients thrive with forward-looking strategic business insights and enable chief financial officers (CFOs) and companies’ management to make more fact-based decisions with greater confidence.

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  • Digital in Specialist Financial accounting advisory services (FAAS)

All our specialist services such as Digital Audit Readiness, Financial Services, Treasury and Training Solutions are underpinned by digital tools and techniques. They help clients harness the right technologies for their needs.

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  • Digital in Climate change and sustainability solutions (CCaSS) 

Our CCaSS solutions are built digital. Key tools such as EmploYee Care, EY SusTrack and EY Decarbonize are critical in helping clients measure their companies’ progress, achieve objectives and add value to environment and society at large.

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  • Digital in Managed Services

Our managed services offerings combine all our relevant solutions and offer clients a seamless digital experience. These services use Robotic Process Automation (RPA) tools such as Blue Prism, Automation Anywhere, UI Path, etc. for bridging process and systems gaps that otherwise require manual intervention.

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  • Additional digital finance tools

EY integrates a number of digital tools and technologies. These include EY Process Miner, and latest enterprise resource planning (ERP) systems such as, SAP S/4 Hana, Oracle Applications R12 and Blackline, as required in our offerings, to enhance clients’ business outcomes in this transformative age.

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