Our solutions
Lofty Brainchild provides a suite of software solutions and services within the areas of Digital Financial Reporting, Disclosure Management, and Financial Performance Management.
We offer various options for assisting companies to meet their regulatory reporting requirements under the new XBRL regime, which came into place on 1 July 2018. We are listed on the CIPC Service Provider Panel.
iXBRL
“Highly dynamic digital regulatory reporting iXBRL solution for multi-jurisdictional filing”
The Amana XBRL Tagger and Amana SmartNotes solutions that we provide are universally applicable regardless of taxonomy, enabling multi-jurisdictional filings to any regulator that has implemented iXBRL and is applicable across all jurisdictions and regulatory authorities worldwide from the EU ESEF and UK HMRC Business Registrar to SEC Edgar Filing and Mauritius Corporate and Business Registration Department.
Explore our expertise.
Disclosure Management
“A smart disclosure management solution that automates the nuts and bolts of reporting”
By automating manual tasks and allowing for collaboration between large teams, we offer software that streamlines the financial report creation process. The Amana SmartNotes solution for automating key aspects of the report creation process increases overall accuracy and reliability of financial information whilst significantly improving efficiency.
Performance Management and Consolidation
“A simple financial performance management solution for fast, error-free year-end reporting, budgeting, and consolidation.”
The LucaNet Performance Management and Consolidation software that we provide can be administrated by accounting teams without support from external IT consultants. This is not only cost-effective; it also automates the consolidation process removing the risk of common error when dealing with complex group structures. The system is highly scalable and integrates with more than 200 ERP and source systems with high levels of traceability down to the source document.
The Performance Management module streamlines and centralises budgeting and performance management processes. Through automation, finance teams can timeously obtain accurate IFRS and/or GAAP compliant tracking reports to inform budgeting decisions and track progress against targets.
We leverage various business intelligence applications such as MicroStrategy and apply data management principles designed to strengthen your data environment.
IFRS 16 Lease Management
“The professional accounting solution for your leases, that automates the capture and calculation of key lease terms whilst producing IFRS 16 compliant accounts”
Using the Amana GlobalLease Centre solution, we assist companies with large operating lease portfolios to upload and digitise their lease contracts. By automating the reporting of Right of Use Assets, Lease Liabilities, Interest Calculations, and reporting of lease contracts, teams can better manage large lease portfolios in compliance with the new IFRS 16 Lease Reporting standard, which came into effect on 1 January 2019.
Business Intelligence
“The Lofty Team has implemented business intelligence and solutions architecture projects at various financial institutions and large organisations”
Our team of data experts specialise in solution architecture, data modelling, and implementing data integration solutions at large corporations including financial institutions. Our solutions enable clients to harness the power of data analytics by providing historical, current, and predictive views of business operations. Through our networks we can provide specialist contract staffing and consulting. We have successfully implemented solutions at Standard Bank (South Africa), Centurion Bank (India), and ICICI (India).
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We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.