Consolidation functions
Most companies do not usually start consolidation work until the individual financial statements are available. The following steps are then processed one after the other and are therefore correspondingly time-consuming:
- Data extraction and transfer to the consolidation system
- Currency translation from local to group currency
- Carrying out the intercompany reconciliation
- Carrying out the consolidation work
As a result, the data is only available after a significant amount of time.
What we can do for you:
- We can show you how to save time by bringing forward activities to the current period.
- Time-consuming reconciliations are no longer necessary, as you have access to the same database as for the preparation of the individual financial statements.
- No problems with master data, as the same master data basis is used for both the individual financial statements and the consolidation.
Let’s get started together – with no detours.
Workshops that create clarity and make change possible.
Project concept: Together, we assess your opportunities for success.
What goals are you pursuing?
Where are you today – in terms of business, organization, and technology?
What opportunities and risks exist?
What potential solution spaces can we explore?
What benefits do you expect?
Transformation blueprint: A tailored concept for your future architecture.
Which processes need to be changed or standardized?
To what extent do SAP® S/4HANA capabilities cover your business requirements?
How can existing gaps be closed?
What else needs to be taken into account?
Your transformation roadmap: The optimal path to achieving your goals.
What costs will be incurred and which resources are required?
What are the key steps in our implementation journey?
What is the most suitable path for your migration to SAP® S/4HANA (Greenfield, Brownfield, or Bluefield)?
Our consulting services – expertise that drives your business forward.
Business management consulting, process, integration and SAP® consulting.
We help you refine your business requirements, design efficient solutions based on SAP® and non-SAP® applications, add-ons and interfaces, and implement them on time and within budget.
Continuous optimization of your processes, applications and solutions
Make full use of the value potential of your investments and ensure their long-term value preservation. We support you in monitoring, improving, adapting and supporting your productive solutions.
