Financial Consolidation And Close

Financial consolidation and close as part of corporate performance management is mandatory for many companies under IFRS 10 International Accounting Standard. But sometimes delivering the correct structure of consolidated financial statements can cause considerable difficulties.

That is why we offer a reliable technological solution that ensures the accuracy and consistency of financial consolidation with a single trusted source of information.

Key features of the software solution

Process Monitoring

Manage data entry flow by defining accounts, forms, and calculation logic for every step across the process or matching different data models to different entities.

Shave Days Off Close

Instantly validate, reconcile and run calculations in minutes not hours using an in memory driven consolidation engine.

Fast, Accurate Reports

Even with multiple books, currencies and contributors, a single truth is represented across statutory and management reports.

Audit & Control

Easy Audits & Complete Control of sensitive data. Audit logs of journal entries, metadata, adjustments, narrative, calculations and more. Finance see who made changes and when.

Leaders of the industry

Gartner® recognized Wolters Kluwer’s CCH® Tagetik in the 2021 Gartner Market Guide for Cloud Financial Close Solutions

At CRMT we partner with best-of-breed solutions on the market. But you don’t have to take our word for it, solutions we offer are consistently ranking high in the results of researches completed by independent analytical houses.

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Technologies

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised CCH Tagetik as a field leader.

OneStream Software

OneStream is an independent software company with over 1,100 customers, 230 implementation partners and nearly 1,300 employees. Our primary mission is to deliver 100% customer success.