Consolidation.

PROBLEM

A bottleneck of complexity and dependency.

Group consolidations are error-prone, time-consuming and dependent on a few key people. Intercompany reconciliations, differing charts of accounts and currency issues turn the process into a bottleneck - especially under time pressure.

APPROACH

Detect error sources, improve the process.

AiDVISUM analyses the consolidation process, identifies error sources and time sinks and delivers prioritised recommendations for process improvement - including an assessment of make-or-buy decisions for system support.

BENEFIT

Fast, error-free, compliant.

Consolidation cycle significantly shortened. Error rates systematically reduced. Knowledge concentration on individuals dissolved. Compliance and audit requirements reliably met.