Automated financial reporting for groups in the GCC

Automated financial reporting: management reports, consolidated statements and board packs from every company's books, in Arabic and English, all traceable.

2 min read
In short

Naarvin builds management reports, financial statements and board packs from the books of every company you run, consolidated in your reporting currency. Each figure opens to the ledger lines behind it, and the commentary is drafted for a person to edit and sign off. Reports come in Arabic and English.

Which reports does Naarvin build automatically?

ReportWhat it contains
Profit and lossYour own management layout, a built-in IFRS 18 format, or both, by company and for the group
Balance sheet and cash flowStatements that tie to the profit and loss and to each other
Changes in equityOpening to closing equity by component, tied to the balance sheet
Management packKPIs, trends, budget against actual and what changed this month
Board pack and investor updateA branded pack in Arabic and English, ready to review and share

How are several companies consolidated?

Each company's books are translated into the group's reporting currency at the right rates, intercompany balances and transactions are eliminated, and non-controlling interests are shown where the group does not own all of a company. The consolidated figures open to each company and to the eliminations. See Consolidated financial statements.

Can every number be traced?

Yes. Any figure in a report opens to its breakdown by company, account and month, and down to the journal lines. When a number moves, the agents explain why, naming the company, project or supplier behind the change.

Who signs a report off?

A person. Reports are built from the latest synced books and a month is marked final only when the close checks pass. Commentary and board packs stay drafts until an authorised person approves them.

Questions people ask

Can we keep our own report layout?

Yes. Your management layout maps to the accounts once and is reused every month; built-in formats are there when you want them.

How often are reports refreshed?

Whenever the books sync, on the schedule you set. The daily brief is ready before the team starts the day.

Can reports go out in Arabic?

Yes. Reports and board packs are available in Arabic and English.

Can the board pack carry our branding?

Yes. Board packs can use your logo and colours alongside Naarvin's.

Where Naarvin helps

See it on your own books

A guided demo on Demo Group's books, then we connect one of your companies. In Arabic or English.