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 and someone had inadvertently added or deleted a row or column. Multiply this scenario with consolidating data from diverse locations or across multiple general ledgers and you can spend hours sorting through this exercise.

With Plannning Maestro, business performance management software, financial consolidation has never been easier or more flexible. You simply create a "view" that reflects the structure of your budget plan. Views are like the tabs of your spreadsheet, with the distinction that they roll-up naturally in a tree structure rather than using formulas and lookups that are easily broken and hard to troubleshoot.

You can make as many roll-ups as you need to by account, entity or activity and budget and report by all of them. For example, you may have a consolidated entity that trees down into companies and breaks down into deparments, then programs, projects, services etc. It is all soft-coded so you can easily add new departments or drag and drop to reorganize departments.

Planning 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

Planning Maestro Brochure