Why improve your financial consolidation process?

Financial consolidation is a necessary step in the month end process. The following benefits can be achieved by progressing from an Excel based consolidation solution to an application.

  • Reduce month end close time
  • Release the monthly reports earlier
  • Improve data quality and visibility
  • Guarantee audit compliance
  • Automate the consolidation process

 

What is Adaptive Consolidation?

Adaptive Consolidation is one of the modules in the Adaptive product suite. It provides the following “out of the box” functionality:

  • Minority Interest and Partial Consolidation,
  • Intercompany Elimination,
  • Cost Allocations, Reclassifications,
  • Journal Entries,
  • Currency Conversions.

When the consolidation process is complete and reports need to be generated Adaptive Consolidation provides all the report features of Adaptive Discovery to produce both internal and external report packs.

 

How to improve your financial consolidation process?



Application based consolidation solutions are now more affordable than ever with Adaptive Consolidation - a cloud based SaaS licensed consolidation solution. Adaptive Consolidation offers customers an alternative to large complex on-premise applications and hard to maintain Excel solutions.



Our hands on business knowledge in combination with system implementation experience enables GK Horizons to help you achieve your goals.

We start by listening to you tell us about your business, your process and your priorities. We will then show you a demonstration of our products and answer any questions you have about ourselves and our solutions. Finally, we will provide you with a proposed business solution including best practices relevant to your business.

Get in touch to see how GK Horizons can help your business.