PILLAR USE CASE
Financial Consolidation
Automate it across every entity, ERP system, currency and reporting structure while keeping full traceability from group figures down to the underlying financial data.
start with a problem
AFC Financial Consolidation: Use Case
Financial Consolidation is the broad business problem. Here, you’ll find the baseline of how our solution works and what value it brings, with each Focused Use Case addressing a distinct job to perform inside the consolidation process.
THE TYPICAL FINANCE QUESTION
How do we speed up consolidation without sacrificing control and transparency?
the challenge
Why consolidation becomes difficult?
Consolidation rarely fails on the maths. It struggles because data, structures and exceptions are spread across the group.
Fragmented source data
Financial data is spread across different ERP systems, entities and local structures.
Different reporting structures
Local charts of accounts and dimensions do not naturally align with group reporting.
Recurring exceptions
Intercompany differences, FX effects and adjustments require Finance judgement.
Multiple reporting needs
Statutory, management, subgroup and acquisition reporting all require different perspectives.
Spreadsheet dependency
Recurring transformations and journals often sit in hard-to-govern workbooks.
Auditability
Finance must be able to explain where every consolidated number came from.
the answer?
Create one governed consolidation process
Solitwork brings actual financial data from multiple source systems into a controlled consolidation environment and applies consistent mappings, currency rules, intercompany logic, adjustments and reporting structures.
From source data to group reporting in six steps:
Result?
A reusable consolidation operating model your Finance Team can repeat every period, adapt as the group changes and explain to management and auditors.
one governed foundation
A consolidation layer above the ERP landscape
Standardise financial data and group logic without making ERP harmonisation a prerequisite for better reporting.
Intercompany Reconciliation
Explore Use CaseMulti-ERP Consolidation
Explore Use CaseCurrency Translation
Explore Use CaseConsolidation Adjustments
Explore Use CaseAcquired Companies -> Group Reporting
Explore Use CaseSub-group Consolidation and Reporting
Explore Use CaseLegal & Management Consolidation
Explore Use CasePUTTING IT TOGETHER
One pillar, different reasons to engage
The focused use cases are not seven separate products. They are different problems, trigger events and reporting needs supported by the same governed consolidation foundation.