The consolidation process can seem endless. It is an extremely challenging and a long process to collect data from your departments and to ensure all that information is accurate. A range of problems can occur, including duplicate data, incomplete data and inaccuracies, which makes decision-making a nightmare for business leaders when it comes to planning and budgeting.
Fortunately, today’s finance teams can access a range of tools to make financial consolidation quick and painless. These include: SAP Business Planning and Consolidation (SAP BPC), SAP Analytics Cloud, SAP S4 Group Reporting, and Clarivos’s out-of-the-box package, INSIGHT for Planning and Consolidation, INSIGHT for Finance Teams, and CCH Tagetik.
We understand the struggle. Consolidation and Close is vital to understanding the overall fiscal performance of an organisation. It has to be done but it can be a long, drawn out process. Compiling siloed reports, manual data entry, Excel Hell - these are suboptimal solutions that are vulnerable to error, and costing your business time and money.
As a growing business, you need to make the change but you need to do it quickly.
Clarivos has a number of out-of-the-box Consolidation packages that'll save you crunching numbers and worrying about compliance. Instead, we’ll help you spend that time closing the books faster, and making data-driven decisions with greater confidence.
We have a number of Consolidation Case Studies. We have proven success in reducing revenue close and month-end reporting cycles. Check them out here.
Clarivos is a multiple award winning, technology specialist firm. Our innovative solutions to Financial Consolidation and Close are well recognised.
Some of our awards in the last year include:
You should choose Clarivos as your implementation partner for 3 reasons. Our best practice solutions come out of the box and can be implemented in as little as 10 weeks. Our multiple award-winning team also has decades’ experience across sectors, with proven client success stories. Our client engagement methodology empowers customers to become self-sufficient, so they get the most out of their investment.
Contact us now and speak to one of our experienced consultants about how youy could transform your business.