Financial Close Management & Financial Consolidation
Transform your financial close processes with our range of modern, intuitive, easy to deploy financial consolidation and reporting solutions.

The financial consolidation process is complex, time consuming and laden with risk since manual consolidation requires use of multiple spreadsheets. Use of a financial consolidation tool automates the entire consolidation process and eliminates the inherent risks associated with the use of spreadsheets.

Many growing organizations find themselves confronted by the bewildering reporting complexity of multiple entities, divisions, business units and cost centers spread globally. Enterprises struggle with complexities like foreign currencies close, intercompany balances, complex ownership structures and compliance issues with regulatory bodies like IFRS and other multi-GAAP standards.

We offer financial consolidation and reporting solutions which can be used and maintained by the finance team. These solutions provide financial managers with the ability to rapidly consolidate and report financial results, meet global regulatory requirements and reduce the cost of compliance.

 

Our financial consolidation solutions can help you to

  • Optimize Close Process — we can help to streamline the closing cycle processes to drive out inefficiencies and delays, resulting in significant reductions in close time
  • Increase Collaboration — we can implement advanced workflow features to notify users of tasks and enable system wide communication
  • Enhance User Productivity — we can enable full integration with Microsoft Office which means that users are familiar with the technology and can easily manage tasks
  • Increase Efficiency – we can help to automate intercompany reconciliation and elimination, currency translation and segment reporting
  • Compliance – Our solutions ensure compliance with IFRS and local GAAP requirements, including XBRL reporting.
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