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Group Reporting & Financial Consolidation

Overview

Gardens Group Reporting & Financial Consolidation is an application that allows you to merge the separate financial statements of subsidiaries in a single consolidation report in accordance with binding law. Advanced capabilities of flexible reporting allow to meet the requirements compatible to the expectations of management group.


Market challenges

  • Well-considered and coherent strategy of publication of financial information and its reporting across the group

Key features

  • Comprehensive reporting and publishing of data
  • Multi-dimensional consolidation
  • Control of financial policy and management of charts of accounts
  • Consolidation of the budget and forecasting
  • Scalable and flexible tool integrated with development environment IDE of GAM platform
  • Multi-currency, multi-dimensional and multi-language
  • Includes tools supporting the implementation of IFRS

Benefits

  • Appropriate development of the consolidated financial statements
  • Automation of the process of obtaining, verification and integration of various data from different sources
  • Total control and acceleration of the process of reporting
  • Standardization of the quality of local accounting with corporate guidelines and tracking of all corrections and reclassifications
  • Applications tailored to customer expectations

Main tools

  • On-line validations
  • Accounts mapping to General Ledger, determining the validity of each account
  • Balance sheet, profit and loss account, cash flow, budgets, adjustments, estimates
  • Cross-checks
  • Currency conversion