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.
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.
The consolidation tool that is part of the financial module automatically detects intercompany entries and visualizes these intercompany differences in a clear smartmap.
Intercompany eliminations are performed automatically with the click of a button!
Consolidated reporting shows the figures of all companies within the group, along with the necessary intercompany eliminations and consolidation entries.
Financial reports provide insight into the state of the company, in this case, more specifically, the financial status.
BrightAnalytics is the most intuitive, reliable and fast management reporting platform that covers all needs on management reporting and consolidation.