Consolidation - technical support by consolidation systems

Consolidation - the mythical abilities?

Consolidators often enjoy a mythical reputation within a company! The activities sound complicated and complex and seem difficult to understand. Many consolidation professionals are also very close to auditing and tax consulting. This is because the work has legal relevance and must be comprehensible for the auditor. Whenever things get complicated, technical support is needed. Regularly, the belief is that an efficient consolidation system will solve all problems by itself.

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"With the IBM platform we have created a solution with which we have integrated and automated consolidation, forecasting, planning and reporting. The 4C GROUP supported us fully from the conception to the implementation and rollout. At the same time, an internal team was set up and trained so that we are able to carry out further developments ourselves as far as possible and use Planning Analytics as our "performance hub"."

Oliver Markert, Head of Accounting / Financial Reporting / Planning / Controlling / Tax bei UTA UNION TANK Eckstein GmbH & Co. KG

Our broschure for consolidation systems

Checklist - framework parameters for the perfect consolidation tool

Get a summary of typical criteria for selecting a consolidation system in our checklist.

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Top management reporting: Focusing corporate management on real key performance indicators - Powerful control concepts are the prerequisite for effective management cockpits
  • Need for effective and transparent control information as a starting point for the introduction of a Management Cockpit
  • 4C approach to developing an effective management cockpit
  • Advantages and Benefits of a Management Cockpit
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Events on the subject of Group Reporting & Accounting

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An event of the competence network Group Accounting

The competence network has set itself the goal of anticipating best practice approaches to new and well-known challenges in Group Accounting. With our working group, we have also created a platform where the experts in Group Accounting can communicate at a high level and discuss the challenges in their respective companies. The Group Accounting working group has now become firmly established and takes place annually.

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Stephan Grunwald

Senior Partner

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Markus Noçon

Senior Partner

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