Group Reporting & Financial Consolidation
- Details
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Category: Group Reporting and 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
