Group Reporting and Consolidation

Better decisions with modern Group Reporting

Consolidated reporting and consolidation must provide more in the future than flexible and comprehensive information. The new requirements require consolidated values for control decisions to be presentable at all times. The ad hoc “modular principle” consolidations effectively enable you to consolidate in different currencies, with changed corporate structures and, if required, different accounting standards. Our experts will support to set up this modular principle in sustainable concepts.

Integrated product and customer views

Effective implementation of sustainable concepts

So far, consolidated representations of legal units and internal areas have been used to “consolidate the matrix organization”. In the future, your company needs integrated product and customer views. By consistently enforcing quality inspections and reconciliations during the period, you significantly relieve the burden on your closing processes. If different consolidations are centralized, you avoid previously necessary, but inefficient, reconciliations. As modern consolidation systems already depict many requirements as standard, the different product philosophy will be decisive in the coming years. In their evaluation, you benefit from our many years of experience and our sound know-how from various projects.

Holistic approach to finding solutions

Be flexible and efficient

We offer a holistic and proven approach to finding solutions with the following safeguards:

Flexibility

  • Provide up-to-date consolidated results at any time
  • Perform modelable and ad hoc possible simulations and scenario calculations

Speed

  • Direct access to all basic data that is required for the consolidation from the entire group of companies
  • Increased completion speed by shifting time-consuming processes (e.g., IC matching) in the period

Quality

  • Integrate legal and management consolidations for the mapping of internal organizational units, regions, products and customer groups, if necessary
  • Enhance consolidated results with meaningful non-financials and explanatory comments

Efficiency

  • A central responsibility for the performance of all consolidations
  • Check data early on in the entire process for the required quality

Customer-specific service portfolio

Establish modern group reporting

Our consultants have many years of practical experience and strong expertise. We support you in the area of ​​group reporting and consolidation in the following tasks:

  • Holistic: from the development of a target vision to the creation of the concept to the final go-live
  • Efficient: Make your group reporting processes more streamlined and faster
  • Consistent: Optimize your consolidation software and embed it in your financial system landscape (e.g. in the context of SAP S/4HANA)
  • Stringent: select the best group reporting software for your company

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