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.
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
Features
Set up your consolidation scenario
Configure your consolidation environment in a few steps by defining reporting scenarios, what-if simulations, exchange rates, and consolidation groups. Automated carry forward of balances and journal entries reduces manual effort, accelerates the close process, and improves consistency and control.
Perform and delegate intercompany reconciliation process
Streamline the intercompany reconciliation process by collecting data from multiple sources, match transactions in both invoice and group currency, calculating exchange delta and supporting invoice-level reconciliation when required. Accruals reduce manual effort and accelerate period-end close.
Collect financial statements, appendix details, post Journals and perform checks
Financial statements can be collected from several sources, including SAP S/4HANA, .xls files, and data entry forms. Data can be adjusted with journal entries through a guided form. A set of appendix details are included in the reporting package including real-time validation checks and narratives.
Plans and pricing
All plans include:
Statutory consolidation with predefined reporting package
Data model configuration ready-to-used with IFRS Package (IFRS18 compliant)
Support for data integration and historical migration are quoted separately
Price unavailable in this regionData model configuration ready-to-used with IFRS Package (IFRS18 compliant)
Support for data integration and historical migration are quoted separately
IFRS16 Leases asset management (optional)
Data model configuration ready-to-used for IFRS16 leases asset management
Support for data integration and historical migration are quoted separately
Price unavailable in this regionData model configuration ready-to-used for IFRS16 leases asset management
Support for data integration and historical migration are quoted separately
Client-specific edition with configuration of statutory and managerial processes
Set up of specific data model, reporting package, allocation rules, and workflows based on client business needs
Support for data integration with source systems and historical data migration
Price upon requestSet up of specific data model, reporting package, allocation rules, and workflows based on client business needs
Support for data integration with source systems and historical data migration
Hypercare support and solution updates (optional)
User support on existing functionalities
Minor change requests
Features updates
Price unavailable in this region- Minimum contract 1 year
User support on existing functionalities
Minor change requests
Features updates
