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Financial consolidation

Financial consolidation
Do you work in an organisation with multiple structures or entities? If so you’ll know how much effort goes into Financial Consolidation… and how much the picture can change from one quarter or year end to another. You may have different systems used by different parts of your organisation, you may have different regulatory and compliance regimes. There is the challenge of multiple currencies and exchange rates. There may be different Charts of Accounts, Balance Sheets and other underlying data. Getting all these dimensions into line to allow consolidation can be a huge task. What if you could automate your whole Consolidation process? Imagine you’re a gymnast, striving to deliver new and better routines. A single view of Group financials With one single interface, Group Management gain visibility of the whole global business, allowing them to spend more time on analysing the data, and less on collating it. Consistency and Regulation Management of Multiple Currencies Saving in time and cost

https://www.accountagility.com/blog-articles/consolidation/

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