Financial Consolidation and External Reporting
Import and consolidate data from subsidiaries, divisions and cost centres using different ERP systems, using a common platform for Financial Consolidation and group reporting.
Work with different legal, management and other company structures within the same model using multiple consolidation hierarchies, each with their own sub consolidation and elimination entities.
Take the effort out of foreign exchange calculations with inbuilt multi-currency handling and automatic calculation of FX differences.
Simplify the management of intercompany balances with a dedicated module for matching, balancing and posting of elimination journals. Easily manage your consolidation and reporting to multiple accounting standards including IFRS and GAAP.