Financial Close

Accuracy and validity in financial reporting are built on repeatable processes and reliable systems. Financial statements provide accountability and maintain the trust of your key stakeholders. Maintaining trust between stakeholders requires producing accurate information within short time periods for all close cycles. High-quality consolidation solutions create value beyond only external reporting and into areas such as internal management reporting, tax reporting, and government regulatory reporting. Companies with impactful close and consolidation processes combine quarterly external reporting requirements with the more granular data needed for tax provisioning and returns, statutory compliance, and internal analysis. High-level reporting, along with tailoring applications to meet the needs of decision makers within finance organizations, can lead to consolidation solutions that are consistent with financial statement data.

Benefits:

• Streamline Close/Consolidation with pre and post validations
• Increase insights of FX impacts (cash flow + currency changes)
• Process automation and data ownership
• Cash Flow Automation
• Intercompany Matching, Reconciliation, and Elimination
• Tax Reporting
• Statutory, Regulatory and Government Reporting
• Account Reconciliations