Settlements and Accounting Module
Automate your energy settlements and accounting processes with Gravitas ETRM. Ensure compliance, reduce errors, and gain real-time financial insights.
Key Features
Automated Invoice Generation
Generate accurate invoices automatically based on trade data and contract terms.
Payment Processing
Streamline payment processing with integrated workflows and reconciliation tools.
Ledger Integration
Seamlessly integrate with your existing ERP and accounting systems for real-time ledger updates.
Compliance
Ensure compliance with industry standards such as IFRS and GAAP.
Dispute Resolution
Efficiently manage and resolve disputes with built-in tracking and communication tools.
Settlement Process Flowchart
Visualize the entire settlement lifecycle, from trade capture to final payment, with our intuitive and detailed process flowchart. Understand every step and identify potential bottlenecks with ease.
Accounting Dashboard Mockup
Get a glimpse of our powerful accounting dashboard. Monitor key financial metrics, track accounts receivable and payable, and generate custom reports with our user-friendly and customizable interface.
ERP Integration Diagram
Our platform seamlessly integrates with your existing ERP system. This diagram illustrates the data flow between Gravitas ETRM and your accounting software, ensuring a single source of truth for your financial data.
Robust Audit Trail & Security
Maintain data integrity, prevent fraud, and ensure regulatory compliance with our comprehensive security features.
Immutable Audit Trail
Every action is recorded in a tamper-proof log, providing a complete history of data changes, user activity, and system events. This ensures transparency and accountability.
Granular Access Controls
Define user roles and permissions with precision, ensuring that individuals only have access to the data and functionalities relevant to their responsibilities, adhering to the principle of least privilege.
Data Encryption & Security
We employ industry-leading encryption protocols for data in transit and at rest, safeguarding your sensitive financial information. Our platform is compliant with major data security regulations.
Audit Log Example
2023-10-27 10:05:12 | USER_LOGIN | User 'jdoe' logged in successfully.
2023-10-27 10:15:34 | INVOICE_UPDATE | User 'jdoe' updated Invoice #INV-2023-001. Amount changed from $5000 to $5200.
2023-10-27 10:18:01 | PAYMENT_CREATE | User 'asmith' initiated payment for Invoice #INV-2023-002.
2023-10-27 10:25:45 | ACCESS_DENIED | Unauthorized access attempt by user 'intruder' on account settings.
2023-10-27 11:00:21 | REPORT_GENERATED | User 'jdoe' generated Q3 Financial Report.
Client Success Story
"Reduced Reconciliation Time by 40%"
"A leading energy company, implemented the Settlements and Accounting module and reduced their reconciliation time by 40%, leading to significant cost savings and improved financial accuracy. The automation capabilities have been a game-changer for our finance team."
- CFO, Apex Energy
Frequently Asked Questions
What are the core functionalities of the Settlements and Accounting module?
The module automates the entire settlement process, including trade validation, invoice generation, payment processing, and reconciliation. It also offers robust accounting features like ledger integration, financial reporting, and compliance tools.
How long does it take to implement the module?
Implementation time varies depending on the complexity of your operations and existing systems. However, our team works closely with you to ensure a smooth and efficient transition, typically ranging from a few weeks to a couple of months.
How secure is our financial data within the platform?
Data security is our top priority. We use industry-leading encryption for data at rest and in transit, employ granular access controls, and maintain immutable audit trails to ensure the integrity and confidentiality of your financial information.
Can the module integrate with our existing ERP and accounting software?
Yes, our platform is designed for seamless integration. We provide robust APIs and pre-built connectors for popular ERP and accounting systems, ensuring a single source of truth across your organization.