Software for consolidation

This software solution for group consolidation allows you to maintain an overview 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 maintain an overview of your subsidiaries. The software supports you in management consolidation and offers an automated solution for optimizing your financial processes.

Corporate Planner Cons allows you to create a checklist that structures the entire consolidation process and helps to answer important questions. By seamlessly integrating applications such as CCH Tagetik, the software simplifies the planning and management of your financial data, enabling you to stay up to date and make informed decisions.

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 can prepare your financial statements quickly and to a high standard. Consolidation during the year means you can provide information at any time. With the help of Fast Close, you can provide meaningful financial information about your group shortly after the end of a period.

Consolidate quickly and audit-proof.

You can quickly compile audit-proof documents for the audit. Corporate Planner Cons contains business calculation logic that checks the plausibility of your entries and allows you to create your booking lists automatically. A workflow guides you step by step through the entire consolidation process. The consolidation software is certified in accordance with the IDW audit standard IDW PS 880.

The link to financial controlling.

With Corporate Planner Cons, you and your colleagues from the area of integrated financial and profit planning can achieve profitable teamwork. 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. An immediate start saves you valuable time.

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Download the Corporate Planner Cons brochure

Overview of all subsidiaries - for conscientious consolidation.

Benefits of your data with software for consolidation software.

With the Corporate Planner Cons consolidation software, financial managers reach a new level of group consolidation. You always keep an eye on your scope of consolidation with all subsidiaries and can thus organize the consolidation process more efficiently. The software solutions offer a seamless connection to financial planning, which simplifies the management of files.

The use of our software optimizes the accounting process for corporate groups. Integrated business calculation logic checks the plausibility of your entries and enables the automatic creation of your posting lists. This not only speeds up the process, but also ensures the quality of financial consolidation.

An additional plus point is the certification of the software in accordance with IDW PS 880, IDW RS FAIT 1 and IDW RS FAIT 4, which guarantees the audit-proof consolidation that is essential in today's business world. Corporate Planner Cons supports you in providing information at all times thanks to the Fast Close function.

Accounting can be carried out in parallel in accordance with HGB and IAS/IFRS, which increases flexibility and simplifies the consolidated financial statement process. 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 in accordance with 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 in accordance with HGB and IAS/IFRS, which offers flexibility and simplifies the Group accounting process.
  • Seamless connection to financial planning, making it easier to manage and create 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 is the consolidation doing?
In the context of financial processes, combining the individual financial statements of all subsidiaries in a group provides a comprehensive overview of the financial situation. This is an essential step in creating meaningful evaluations at Group level.
What options are there for consolidation?
There are various functions and tools that can be used to merge 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 software solutions such as BPS Kons, which 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 - i.e. the consolidation of information at a higher level - 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 crucial issue in order to ensure a consistent view of a company's financial situation.