Statutory and managerial consolidation in a single, flexible system on SAP Analytics Cloud

Solution offers an integrated, rapid, and ready-to-use consolidation process capable of handling both statutory and management data; this enables finance teams to reduce manual tasks, improve data quality, and accelerate the financial close process. It integrates seamlessly with SAP Analytics Cloud and can be extended with dedicated business content for IFRS16 lease accounting, cash flow forecasting, treasury management, and planning processes.

By Pricewaterhousecoopers Business Services

Overview

Manage the whole process from data collection to consolidation and reporting

Let your finance department monitoring the whole consolidation process facilitating data collection from ERP, MS xls files or via data entry forms. Delegate intercompany reconciliations and fast perform currency translation and consolidation of financial statements by including details for the disclosure with real-time validation checks.

Collaborate with all finance team members to fasten the consolidation process

Ensures active and effective communication among all parties involved in the various stages of the financial statement collection and consolidation process by monitoring activity progress via real time check, submission procedures and consolidation monitors. Activities can also be organized using calendars and email reminders.

Adapt data model to grant consistencies for statutory, management and planning

The solution enables the application of the same consolidation rules across actuals, planning and what-if business scenarios, and ensures a consistent user experience to facilitate rapid adoption of the tool.

Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

SAP DatasphereSAP SuccessFactors HCM CoreSAP ERPShow more