Business Consolidation

Your way to a successful group financial consolidation

Group financial accounting faces an increasing number of escalating requirements, imposed by regulators and financial reporting needs alike. Business challenges are supplemented by an expanded software portfolio to choose from.

Regulatory changes to accounting standards can be observed. Projects like IRFS “Business Combinations II” and “Financial Statement Presentation” have changed external reporting - and the harmonization of IFRS and US-GAAP will continue. 

 
In the last decade, almost all companies have undertaken projects to improve upon their closing and reporting procedures. A presentation of cash-flow, statement of shareholders equity, management reporting and a multiple of additional information have become commonplace.

In the last decade, almost all companies have undertaken projects to improve upon their closing and reporting procedures. A presentation of cash-flow, statement of shareholders equity, management reporting, and a multiple of additional information have become commonplace.
In the last decade, almost all companies have undertaken projects to improve upon their closing and reporting procedures. A presentation of cash-flow, statement of shareholders equity, management reporting, and a multiple of additional information have become commonplace.
Project procedure
Critical success factors

Growing complexity on the business side is met by an expanded portfolio of SAP consolidation tools.

Many groups still use EC-CS, the predecessor of SEM-BCS.

To simplify the challenging task of deciding which would be the best consolidation software for you, we offer a comprehensive workshop, detailing the tools available, comparing and evaluating them.

Our established project management methods and procedures guarantee a successful project throughout all project phases. Our goal is a long-lasting relationship between you and us. We are available after the project and want to make sure that things are done the right way.

We are acknowledged experts in all aspects of SAP consolidation solutions and design consolidation systems specifically tailored to your needs. Our rich industry experience, broad technical capabilities, solid long-term consolidation experience and enthusiasm for what we do allows you to capitalize on any opportunities while avoiding any unnecessary project risks.