FinaHQ for Energy & Utilities Companies
Financial Consolidation & Compliance for Power, Renewable Energy, and Utility Companies
FINAHQ automates and centralizes financial reporting for companies, enabling seamless compliance and real-time decision-making.
Energy & Utilities Industry's Challenges
SAP and Tally integration challenges requiring manual reconciliation.
Complex standalone and consolidated reporting across numerous entities.
Manual effort required for complete financials with proper disclosures.
Time-consuming creation of signature-ready financial documents.
Core Features Tailored for the Energy & Utilities Sector
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Multi-Entity & Multi-Region Financial Consolidation
Seamlessly consolidate reports across power plants, distribution units, and subsidiaries.
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Regulatory Compliance & Audit-Ready Reporting
Auto-generate SEBI, IFRS, Ind AS and sustainability reports.
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Managing compliance across SPVs
Ensure consistent, audit-ready compliance across all SPVs with centralized control and automated reporting.
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Automated Statutory Compliance
Easily tailor statutory reports to meet regulatory norms with customizable, audit-friendly templates.
- Case Study 1: Swelect Energy Systems Limited
FINAHQ Transforms Financial Excellence at Swelect
Swelect Energy Systems Ltd. is a publicly listed renewable energy company operating across solar power, energy storage, and water management systems in India. Managing over 20 entities with multiple ERP systems (SAP and Tally) created significant financial reporting challenges. The finance team struggled with manual data consolidation, extended timelines, and compliance requirements across information silos. Most critically, producing signature-quality PDF financial statements for board meetings was time-consuming and delayed approvals. Swelect needed a streamlined solution maintaining accuracy and compliance standards.
Solution & Approach
FINAHQ delivered a comprehensive solution in just 4 weeks:
• Custom templates integrating regulatory requirements and industry standards
• Automated data collection for ageing, disclosures, and segment reporting
• Signature-ready PDFs with professional branding and dynamic Excel outputs
• Pre-formatted disclosure notes ensuring full Companies Act compliance
FINAHQ managed 90% of the implementation workload, requiring minimal support from Swelect's finance team during their critical Q4 FY2024 reporting cycle.
End Result
- More than a week saved in reporting cycle.
- Decrease in time needed to create final signature-quality PDF outputs.
- Financial documents were available for signing at 100% of board meetings on the same day as the meeting.
- FINAHQ implementation resulted in completely accurate financial statements with zero material errors.
Customer Quote
"The implementation of FINAHQ has transformed our financial reporting process. What previously took weeks of effort from our entire finance team can now be accomplished in days with significantly fewer resources. Having signature-ready financial documents available on the day of our board meetings has been a game-changer for our approval process."
- Nikhila Group CFO
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