With this software solution for group consolidation you keep track of all group subsidiaries.
The challenges of group accounting and the preparation of consolidated financial statements can be significantly increased by different financial accounting systems and other factors. With Corporate Planner Cons you can master the requirements of these tasks and keep track of your subsidiaries. The software helps you with management consolidation and provides an automated solution to optimize your financial processes.
Corporate Planner Cons enables the creation of a checklist that structures the entire consolidation process and helps answer important questions. Seamlessly integrating with applications like CCH Tagetik, the software simplifies the planning and management of your financial data, keeping you up-to-date and enabling you to make informed decisions.
See for yourself.
Arrange a free presentation appointment with us.
Ready for information thanks to Fast Close.
Corporate Planner Cons is the solution for management and legal consolidation in group-like structured companies. With this solution, you create your financial statements quickly and to a high standard. Consolidation during the year makes you able to provide information at any time. Fast Close enables you to provide meaningful financial information about your group shortly after the close of a period.
Consolidate audit-proof and fast.
In a short time you compile audit-proof documents for the audit. Corporate Planner Cons contains business calculation logics that check the plausibility of your entries and with which you automatically create your posting lists. A workflow guides you step-by-step through the complete process of consolidation. The consolidation software is certified according to the IDW auditing standard IDW PS 880.
The link to financial controlling.
With the Corporate Planner Cons you create a profitable teamwork with your colleagues from the area of integrated financial and profit planning. The solutions for consolidation and financial controlling work together in an integrated manner. Thanks to this connection, you always have the latest data from financial planning and intercompany reconciliation for the consolidated financial statements. With an immediate start of the save valuable time.
See for yourself.
Arrange a free presentation appointment with us.
Download Corporate Planner Cons brochure
Overview of all subsidiaries – For conscientiousness in consolidation.
Benefits of your data with software for consolidation software.
The Corporate Planner Cons consolidation software takes financial managers to a new level of corporate consolidation. You always keep an eye on your consolidation group with all subsidiaries and can thus design the consolidation process more efficiently. The software solutions provide seamless connectivity to financial planning, simplifying file management.
The use of our software optimizes the accounting process of corporate groups. Integrated business calculation logics check the plausibility of your entries and enable the automatic creation of your posting lists. This not only speeds up the process, but also ensures the quality of the financial consolidation.
An added bonus is that the software is certified according to IDW PS 880, IDW RS FAIT 1 and IDW RS FAIT 4. This certification ensures audit-proof consolidation, which is essential in today’s business world. Corporate Planner Cons helps you to be ready to provide information at any time, thanks to the Fast Close function.
Accounting can be performed in parallel according to HGB and IAS/IFRS, which increases flexibility and simplifies the process of preparing consolidated financial statements. An audit trail logs all group-relevant parameters and provides additional security.
Advantages at a glance
-
Workflow-supported, audit-proof consolidation for efficient group consolidation.
-
Certification according to IDW PS 880, IDW RS FAIT 1 and IDW RS FAIT 4, which increases trustworthiness and security.
-
Fast Close function, which enables information to be provided at any time and increases the speed of financial consolidation.
-
Accounting in parallel according to HGB and IAS/IFRS, which offers flexibility and simplifies the process of group accounting.
-
Seamless connection to financial planning, which facilitates the management and creation of files.
-
An audit trail that logs all group-relevant parameters and provides additional security.
See for yourself.
Arrange a free presentation appointment with us.
Frequently asked questions about consolidation software
What does the consolidation do?
In the context of financial processes, the aggregation of individual financial statements of all subsidiaries of a group makes it possible to obtain a comprehensive overview of the financial situation. This is an essential step in order to produce meaningful evaluations at Group level.
What are the options for consolidation?
There are various functions and tools that can be used when merging financial data. Real-time consolidations offer the advantage of always having up-to-date information available. Other methods include the use of Excel or specialized solutions for software such as BPS Kons that enable the automation of these processes.
What is a consolidation concept?
A concept for merging financial data defines the path and criteria for merging data from different areas of a company. This may include which chart of accounts is used and how the “roll-up” procedures – the aggregation of higher level information – are designed.
What does consolidation mean in accounting?
In the area of accounting, consolidation refers to the organization and controlling of financial information from various sources in one central location. This is a critical issue in ensuring a consistent view of a company’s financial situation.
