Consolidated accounts and periodic accounts
- Smart Financial Closing -
Efficiency, automation, management
Time savings and transparency of figures
The modern solution speeds up the preparation of your company's consolidated financial statements and takes account of international accounting standards, always up-to-date. It also automatically manages currency exchange rate changes, minority interests, mergers and acquisition cost calculations, among other things. With the right solution, financial tasks can be automated and the finance department can spend more time on development. In addition, a modern solution can take care of data quality, detailed audit and audit trails.
Our solution allows you to download data in real time from multiple source systems and integrate them into a single system. As a result, the Group and its management always have access to up-to-date and reliable information. Management's need to review financial figures may be different from what is required by legislation. In addition to the statutory consolidated financial statements, our solution can equally be used for management needs and reporting. Figures and reports can be viewed at business or cost centre level. Our solution is suitable for companies of all sizes, from small growth companies to international organisations.
Key features
- Reconciliation and elimination of internal transactions using a clear control panel
- Managing currencies, exchange rates and interest rates
- Creating and comparing different types of scenarios
- Useful for both statutory and management reporting
- Automated elimination rules including minority shareholdings, mutual ownership, etc.
- Use the weather for planning, budgeting and forecasting
benefits
- one solution that can be integrated into existing systems
- Streamlining the financial reporting process
- clear and automated processes to speed up the closure of the season
- a self-sustaining solution for the economy
- transparency of figures
- Harmonisation of the chart of accounts
- Up-to-date reports
- saving working time