Performance Management

Financial Consolidation

Your financial enterprise is looking for a partner to implement a financial consolidation and business consolidation for legal and management framework with your enterprise.

Financial Consolidation is a rule-based tool for statutory and management consolidation. The rule-based approach offers a higher degree of flexibility.

The tool offers the complete functionality of a consolidation system: financial reporting data, validations, currency conversion, statutory consolidation and reporting of consolidated financial data. The Packagemanager and an associated report allow easy tracking of the delivery process. A separation into distinctive data pools allows for an easy consolidation by different accounting standards or planning requirements. Minimal time and effort has to be expended to calculate various consolidation scenarios wholly. A complete audit trail is ensured through Audit-IDs, so you can easily track data delivery and calculation.

How can Insight Business Solutions support your implementation of SAP BusinessObjects Financial Consolidation?

Insight Business Solutions consultation support embraces a comprehensive approach. Together with your team we will analyze your consolidation process in detail, followed by the identification of possible improvements. We will define a Blueprint which serves as a basis for our implementation, including the use of the readily available Starter Kit. We will prepare the documentation, followed by thorough testing and the final Go-Live.

Our Strategic Enterprise Management team understands that this is one of your key initiatives for external stakeholder reporting and internal management framework. We will work with your corporate finance team and Headquarters to define the key elements in transforming your organization into a transparent entity with excellent corporate governance.