Financial Close and
Consolidation
Fully Automated.
- The financial consolidation process is complex, time consuming and laden with risk, requiring proven financial consolidation tools to get the job done. Our unified CPM solution helps streamline finance consolidation by providing robust automation, process-driven workflow, stringent controls and detailed audit logs to modernize legacy approaches. With CCH Tagetik financial close software, we manage the complexity so you can accelerate the close and reporting process across all business entities.
Key Benefits
Consolidation Cockpit: A specific dashboard allows you to monitor each consolidation step and analyze results of the consolidation engine. The consolidation smart cockpit shows users which data process must be performed depending on the consolidation scenario.
Intercompany Cockpit: The IC Cockpit allows you to monitor all transactions, match between entities on a graphical dashboard, define groups of accounts and materiality thresholds. You can also reconcile unbalanced amounts under a predefined threshold.
Multi – GAAP, IFRS: Perform multiple GAAP consolidation adjustments on the same set of data. All adjustments are stored for easy auditing of IFRS, IAS, local GAAP, US GAAP back to the data source
Consolidation Cockpit: A specific dashboard allows you to monitor each consolidation step and analyze results of the consolidation engine. The consolidation smart cockpit shows users which data process must be performed depending on the consolidation scenario.
Intercompany Cockpit: The IC Cockpit allows you to monitor all transactions, match between entities on a graphical dashboard, define groups of accounts and materiality thresholds. You can also reconcile unbalanced amounts under a predefined threshold.
Multi – GAAP, IFRS: Perform multiple GAAP consolidation adjustments on the same set of data. All adjustments are stored for easy auditing of IFRS, IAS, local GAAP, US GAAP back to the data source
What we offer
CLOUD READINESS ASSESSMENTS
and application health checks
APPLICATION ENHANCMENTS
and performance optimisation
GUIDANCE AND KNOWLEDGE TRANSFER
to empower internal teams and embed capatibility
STATUTORY, REGULATORY AND TAX REPORTING
IFRS, FinRep, Solvency II, Sustainability, Group Tax Provisioning, and Country-by-country reporting
MANAGEMENT
and support services
TRAINING
to meet the needs of your department, key users and end-users
Are you about to
start a project?
Don’t be afraid to pitch us your ideas. We will take you through the journey, from wherever you want to start, we will have it done.
