The Financial module of aclaro's petroLOOK application allows you to develop your company's financial model, load forecasts, and then calculate, analyze, and report your pro forma financials.

Capture cashflow forecasts in your economic, budgeting, or planning systems (or Excel† spreadsheets) and then link or load that data into petroLOOK. Make adjustments to that data and combine it with actuals from your accounting system for opening balances. Load sets of price, currency exchange, and inflation forecasts. Calculate your pro forma financials and report the results using a suite of financial reports.

As a component of petroLOOK, the Financial module makes full use of the application's underlying architecture. This includes web-based navigation, a full security model, and comprehensive reporting and charting.

Flexible Financial Modeling
Working with aclaro's analysts, you'll be able to create multiple financial models for your business with as much comprehensiveness as you wish to include. The Financial module's modeling language is open and flexible, allowing you to accurately model your business rather than trying to fit your business into our model.

Once your company's financial model has been developed, it's easy for you to update and maintain it so as to accurately reflect your business.

Pro Forma Analysis
petroLOOK's Financial module allows you to store multiple versions of your forecasted spending, production, pricing and exchange rates; allowing you to run different combinations of forecasts and assess their impact on your financials. Combine this with the ability to make manual adjustments to any forecast, and you'll have the ability to perform any analysis exercise that may be required.

The petroLOOK Financial module includes a full set of user-definable financial statements, charts, and reports that facilitate analysis and allow you to share the results throughout your organization.

Interested?
Want to learn more about the petroLOOK Financial module and how it can improve and simplify your pro forma financial reporting? Contact us.

Mark of aclaro softworks, inc.
† Registered trademark of Microsoft Corporation