Financial consolidation has always been a challenge for most organisations. Disparate systems, inconsistent and incomplete data, lack of automation, and manual adjustments for intercompany all causing chaos during the closing cycles. With the lack of automation and dependence on ‘traditional’ Excel, what creeps in, is scope for errors, oversight and increased risk.
At Akshar Business Consulting we use latest technology solutions to lighten to load of financial consolidation and allow collaboration, all at a lightning pace.
Award-winning consolidation software that has received independent certification
Direct integration and drill-down to invoices.
Different accounting standards, such as UK GAAP, IFRS, etc., as used by your subsidiaries and group businesses.
Directly connecting to various ERP systems, managing several currencies, supporting historic FX rates, and options for manual posting as well as automatic eliminations
“Companies spent nearly half their time creating and updating reports, and just a fraction of that time devoted to uncovering insights in the data — insights that could prove vital to the business”
-Deloitte
We will provide a unique month-end financial consolidation process for you, supported by top-of-the-line financial software.
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Time is of the essence and business data changes by the second.
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