CENTRIXE is multi-dimensional (OLAP) software providing complete financial functionality for consolidations, budgeting and management reporting. It can easily combine information from multiple sources and provides all the benefits of rapid reporting.
All data required for reporting, including calculations, are held in the core CENTRIXE database. All reporting and analysis uses this single source, ensuring all users are working off the same information without the need for any duplicate data sets or files.
CENTRIXE can be used to consolidate, based on a legal structure, geography, or an industry structure. It can create multiple paths that can be used for business reorganisation modelling, providing a view of different scenarios, pre or post-acquisition, without impacting your current consolidation.
CENTRIXE can also include Joint Ventures, appropriate equity adjustments, eliminations and consolidation adjustments. If CENTRIXE’s Inter Company Balancing module is being used, the consolidation process can take care of all eliminations at both intra-group and inter-group levels.
An included double entry journals module provides full transparency and control of any adjustments made.
CENTRIXE’s intelligent rules engine can differentiate between input elimination and consolidation entities, so that calculations are always applied correctly.
CENTRIXE is user-friendly and operates within a familiar Excel interface, meaning that training time is minimal and the team is able to carry out their functions without disruption.
Because CENTRIXE is truly flexible, users can easily make changes to report formats and incorporate new reporting requirements without involving IT.