Solitwork

Focused use case #6

Sub-Group Consolidation and Reporting

Create sub-groups within the consolidation hierarchy and report consolidated financials at any relevant level of the organisation – in the reporting currency required.

 

TYPICAL FINANCE QUESTION

Can we consolidate and report intermediate groups, regions or divisions in their own reporting currency?

 

One hierarchy. Multiple reporting levels.

Each sub-group can be consolidated and reported independently while remaining part of the total group consolidation. Finance can support local management, regional reporting and group reporting from the same governed model.

MULTI-LEVEL REPORTING

Report each level in the currency required

Different parts of the organisation can have different reporting currencies while still rolling into one group consolidation.

Where this is particularly relevant:

  • Intermediate holding companies
  • Regional structures
  • Business divisions
  • Decentralised management
  • Acquisition-driven group structures
  • Different local reporting requirements

 

Business impact

How you benefit?

  • One hierarchy: Every organisational level is managed in the same model
  • Multiple currencies: Each level reports in the currency it needs
  • Connected to legal entities: Sub-group figures always tie back to the underlying companies
  • Traceable to source: Drill from any level down to the original financial data
Explore AFC Financial Consolidation