Accenture has released its Accenture Finance Transformation Solution, an application designed to help banks and insurance companies transform their finance operations. 

Developed on the SAP HANA platform, Accenture Finance Transformation supports financial reporting capabilities and enables a consistent data model for accounting and consolidation of financial results. By providing pre-configured technical solutions for re-use, the application reduces the number of days required for configuration and integration by 20 percent to 30 percent. The application implements processes essential for accurate closes; statutory, regulatory and management reporting; and other accounting, budgeting and reporting processes, said Accenture.   

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