Financial Consolidation Without the Spreadsheet Headaches
Financial consolidation, using a spreadsheet-based data collection process, is often a slow and error prone process that drains resources and delays vital decisions. Problems crop up when you’re consolidating spreadsheets whereby someone may be using an older version of the same spreadsheet or where someone inadvertently added a row or column. Multiply this scenario with consolidating data from diverse locations, or across multiple general ledgers or incorporating changes from reorganizations, mergers or acquisitions and you can spend hours sorting through this exercise.
With Budget Maestro financial consolidation software, data consolidation is instant and easy. The errors and delays associated with consolidating from diverse locations across multiple general ledgers and performing currency conversions are eliminated. All data in Budget Maestro is automatically consolidated, which saves you time and improves vital quality control. Data is all in one place you can close the books faster.
Budget Maestro financial consolidation software enables you to:
- Consolidate data quickly from multiple general ledgers and multiple charts of account
- Consolidate data from various business perspectives and by multiple structure versions (this year, last year, proposed)
- Support local and multiple base currency reporting
- Carry out automated adjustments including minority, inter-company, recurring and miscellaneous
- Look at results with and without adjustments