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About

Numa provides financial analytics solutions, which includes reporting, financial consolidation, activity based costing, IFRS solutions and risk analytics.

Our solution enables users to automate and improve its analytics processes, hence providing savings in time, resources and providing that capabilities to carry our other analytics processes and tasks. Furthermore, businesses would gain as they would be able to use our analytics solution to improve decision making for the business.

These solutions leverage on the IBM analytics platform, which provides best of class features, with best performance and scalability to handle the analytics requirements of your business.

Who is Numa?

Numa Solution Sdn. Bhd. ("Numa") is a Multimedia Super Corridor status company that provides Financial Analytics solutions to help clients make better informed and speedy decisions for the betterment of their organisation.

Numa was founded in 2003 to complement its sister company's management consultancy practice in enabling the implementation of management framework via technology solutions. This strength of business insights from the management consultancy practice has enriched those analytical solutions developed by Numa.

To date, Numa has built a variety of financial analytics solutions that includes Planning & Budgeting, Activity Based Costing, Profitability, Financial Consolidation and Economic Data Management.

Our extensive business knowledge and expertise, as well as our commitment, has enabled Numa to build an extensive clientele across multiple industries and sectors, which includes amongst others, financial services, oil & gas, manufacturing, pharmaceutical, document management and Government.

Case Study
Digital Transformation for Planning and Analysis

Financial Consolidation

The finance function is faced with challenges in performing financial consolidation, be it manually or by using convoluted systems. Numa Consolidation automates the financial consolidation process, leading to speedy group account closing, improved reporting and enable greater analysis of group performance.

Client Use Case:

A subsidiary of a Malaysia oil and gas company has implemented our Financial Consolidation solution across all its 30 entities in 18 countries over 6 continents. Our solution helps the group company to complete the closing in just 5 days as compared to months before. Data collation and coordination are now fully automated which lead to great time savings in the preparation of financial reports.

Numa IFRS 9 (Expected Credit Loss)

Numa IFRS 9 solution facilitates the end-to-end calculation for the ECL (Expected Credit Loss) estimates by addressing the data extract, stage tagging, Probability-of-Default (PD), Loss-Given-Default (LGD) calculation, ECL computation and also disclosure.

Client Use Case:

A Malaysian bank was able to complete impairment computation in hours as compared to days using powerful, in-memory processing and optimized model templates. They are now more agile in meeting the ongoing demands of credit impairment accounting requirements with tight production timelines.

We also provide bespoke planning solutions:

  • Financial Planning & Budgeting
  • Corporate Financial Reporting
  • Customer Insights
  • Sales Forecast / Revenue Planning

Featured

IBM moves into the Gartner Leaders Quadrant for Cloud FP&A

The Gartner Magic Quadrant is among the most prestigious evaluations of technology providers in the industry. And Gartner, Inc., “the world’s leading research and advisory company,” has just positioned IBM in the Leaders quadrant of its Magic Quadrant for Cloud Financial Planning and Analysis Solutions for 2018. Needless to say, we at IBM are pretty pleased.

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