Therefore it is clear that group structures – “concerns” -include a wide part of the corporate landscape.In certain cases, concerns are subjected to the obligation to draw up consolidated accounts.
It generally applies that reporting must serve as an important control mechanism at concern level.
Relevant topics in this context are:
- Achieving a high degree of automation in the group consolidation including inter-company reconciliations
- KPI definition to match the corporate strategy and consolidated areas
- Designing a clear and understandable concern report
Regardless of the system landscape, a sleek and meaningful reporting system which takes into account the recipient circles can be established. Based on your strategy, structure, KPIs and standards we develop together with you a tailored reporting system as well as the appropriate control processes. Standardize your layout and improve the level of automation in reporting.
Base: the right IT solutions
The correct selection of the appropriate IT solution is critical. Decisions concerning consolidation and reporting solutions need to be met in the early stage of the project so that reporting can be aligned. Even very complex structures can be presented in a lean manner! The informational value is not achieved by quantity, but by clarity and accuracy.
We advise you objectively and neutrally.