Our software tools will allow your business to consolidate financial statements from different units, divisions or companies into one global set of financial documents. You'll be able to track and control the financial consolidation process with a comprehensive audit trail.
SQL Server Experts provides all of the functionality a company needs to manage complex, global consolidations in a timely manner.
Empower your Finance Team
- Give them the tools they need to effectively automate and control the global financial consolidation.
- Close processes while improving financial visibility to drive better business decision making.
Simplifying Consolidations
- Your company can easily expand into both local and international markets without drastically increasing the number of employees.
Provide Sophisticated Support for Complex, Multi-Entity Organizations
- With our software tool, each entity, franchise or subsidiary continues to utilize its own accounts chart, taxation rules and financial reporting requirements.
Support Multiple Functional Currencies
- Each entity is able to operate in its local, functional currency or currencies.
- The system translates the data to the appropriate currency for reporting.
Financials Converted Using the Appropriate GAAP and IFRS Standards
- Local data is automatically converted to the parent company’s chart of accounts while applying the appropriate GAAP and IFRS standards so that all financial documents will easily consolidate.
Automate Time-Consuming Inter-Entity Transactions
- Inter-entity transactions can be captured and automated, thus increasing the accuracy of your financial data without manual, time-consuming work.
- The inter-entity balances may also be automatically eliminated, ensuring accuracy of your financial books.