Discover the consolidation tool

With BrightAnalytics, consolidated reporting becomes a piece of cake. With the click of a button, IC transactions are eliminated, consolidation entries can be made and participations can be included.

consolidation

Consolidation

Different entities, accounting packages, currencies and different financial years? The differences are correctly smoothed out to ensure a clear and reliable consolidated reporting.

Consolidation entries as well as extra-accounting entries are possible in our consolidation tool. These are entered into the system, for example as goodwill amortization, and are, naturally, not written back to the source data.

intercompany eliminations

Intercompany eliminations

Within the financial module, our consolidation tool  automatically detects intercompany entries and visualizes these intercompany differences in a clear smartmap.

Intercompany eliminations are performed automatically with the click of a button!

Discover our consolidation tool?

  • What is consolidated reporting?

    Consolidated reporting shows the figures of all companies within the group, along with the necessary intercompany eliminations and consolidation entries.

  • What is financial reporting?

    Financial reports provide insight into the state of the company, in this case, more specifically, the financial status.

  • What is BrightAnalytics?

    BrightAnalytics is the most intuitive, reliable and fast management reporting platform that covers all needs on management reporting and consolidation.

  • How does BrightAnalytics work?
    1. Connect: BrightAnalytics connects with accounting, ERP and CRM systems, and centralizes all data in the BrightAnalytics platform.
    2. Report: The standard templates in BrightAnalytics are immediately ready for use, but can be fully tailored to suit one’s needs.
    3. Analyze: The management reports and dashboards offer a wealth of information and immediately provide clear insight into the figures of the entire organization.
    4. Engage: The clear reports contribute to a better streamlined business strategy and execution, and ensure transparency within the company.