Financial consolidation – Complete your financial consolidation and reporting cycles faster – with complete confidence in your data.
SAP BusinessObjects Financial Consolidation helps companies:
- Faster processing – Run consolidations faster without sacrificing audit trails with patented database processing technology.
- Process automation – Leverage a standard user interface and intuitive wizards to set up consolidation calculations such as currency translation adjustments, minority interest and equity calculations, intercompany reconciliations and automatic cash flows.
- Agility – Analyze multiple alternate consolidation views, differing charts of accounts and numerous analysis dimensions by taking advantage of multiple scenarios without rebuilding or destroying history.
- Compliance and enhanced reporting – Access a complete audit trail and integrated office client.
- Source systems integration – Leverage the extensive connectivity in both SAP and non-SAP environments to work with any consolidation application; get full audit trail and drill back with SAP sources leveraging SAP BusinessObjects Financial Information Management.
- Data validation – Take advantage of control functionality and ensure incoming information comes on time and in the correct format – and that the data is consistent, complete, useful, approved and auditable.
- Starter kits – The software includes preconfigured content based on best practices and compliant with IFRS and Generally Accepted Accounting Principles (GAAP).
- Business intelligence – Integrate with SAP BusinessObjects business intelligence (BI) solutions and send consolidated results to SAP NetWeaver Business Warehouse.