Financial Consolidation
Let go of financial clutter
- Struggling with data collection from subsidiaries with multiple charts of accounts and/or multiple calendars?
- Errors from currency translation using multiple rates?
- Finding it hard to keep track of detailed adjustments to consolidated data?
- Difficulty managing partial ownership and minority interest calculations?
- Need to automate inter-company eliminations?
- Multiple source systems data gathering proving to be a challenge?
- Finding it tedious to gather the detailed disclosures needed for consolidated statutory reporting?
- Want customized hybrid consolidation methods for Management Consolidation in FCCS?
Improve your consolidation and close processes to unify disparate sources and automate routine workflows
Unify Data, Eliminate Errors, and Meet Reporting Requirements
Financial consolidation and close platform will help you address reduce financial close cycles, collect, audit, and store supplemental data, and drive deeper understanding of your financial performance with rich reporting.
With 20+ years of experience in EPM advisory, implementation, training, and managed services, Constellation has the track record and depth of expertise to help you make the most of the latest methods, solutions, and tools in a futuristic, time-sensitive way that enables quicker and higher returns on investment.
Promise Proven By Performance
A Large Bank in UAE
Constellation helped a large bank in UAE to become the first bank in the Emirates to move financial consolidation into the cloud providing:
- Shortening their existing financial consolidation and reporting timelines
- Multiple source system mapping with end-to-end integration automation
- Detailed disclosure capturing for reporting purposes
A large payment service provider in UAE
A Payment service provider in requirement to automate their consolidation process were provided with:
- Integration of multiple entities across globe into a single Chart of Account
- Multi Calendar reporting
- Consolidated statutory and management reporting automated for financial reporting
- Narrative reporting solution to provide with financial statement publishing
Plan To Succeed
Understand the necessity of financial consolidation in your organization and streamlining your process by providing
Plan To Succeed
Understand the necessity of financial consolidation in your organization and streamlining your process by providing