Group Reporting & Financial Consolidation

• | Print |

Details

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