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4 Planning & EPM

Financial Consolidation

Close faster. Report accurately. Stop the month-end scramble with automated consolidation that actually works.

The consolidation challenges we hear most

Close takes too long

By the time you've consolidated, the numbers are already stale. The business wants insights, not excuses about data collection.

Intercompany nightmares

Matching intercompany transactions is a manual ordeal. Discrepancies surface at the worst possible moment.

Multi-currency complexity

Translation rates, revaluation, CTA adjustments - it's all managed in spreadsheets with formulas nobody trusts.

Audit trail? What audit trail?

Auditors ask questions and you're scrambling through email trails and file versions to find answers.

Acquisitions break everything

New entity? Different chart of accounts? Your consolidation process wasn't built for change.

Key person dependency

One person knows how the consolidation works. When they're on holiday, everyone panics.

Consolidation that works

Automated data collection

Pull data from subsidiary systems automatically. Stop chasing spreadsheets via email.

Intercompany matching

Automated matching and elimination. Discrepancies flagged before they become problems.

Multi-currency handling

Translation, revaluation, and CTA calculated correctly, every time. No more manual adjustments.

Ownership changes

Handle acquisitions, disposals, and restructures. Your consolidation adapts to business change.

Complete audit trail

Every adjustment tracked, every change logged. Auditors get answers in minutes, not days.

Statutory & management

One source, multiple views. Statutory reporting and management reporting from the same data.

Consolidation done right

1

Understand your structure

Legal entities, ownership, intercompany relationships. We map the complexity before we build.

2

Design the target state

Chart of accounts mapping, elimination rules, currency handling. Get the foundations right.

3

Automate collection

Connect to source systems. Data flows automatically, with validation at every step.

4

Build and test

Reconcile to your current process. Prove the numbers match before you switch.

5

Go live and support

First close with hands-on support. We're there until you're confident.

6

Continuous improvement

Shave days off close cycles. Better reporting, cleaner audit trails. Keep improving after stabilisation.

We're certified across the leading platforms

We don't have a favourite. We recommend what fits your group structure, complexity, and existing systems.

The consolidation specialist

Purpose-built for financial consolidation and close. Strong intercompany elimination, multi-currency, and statutory reporting out of the box.

Best for
Multi-entity groups, statutory consolidation, close management
Unified FP&A and consolidation

Consolidation capabilities with FP&A in one platform. Automated currency conversion, intercompany eliminations, and IFRS/GAAP compliance.

Best for
Combined planning and consolidation, modern UI, fast deployment
The flexible powerhouse

Build exactly what you need for complex group structures. Deep integration with planning models. Excel add-in for familiar workflows.

Best for
Complex groups, integrated business planning, bespoke requirements
Enterprise scale

Powerful TM1 engine with deep Excel integration. Handles massive data volumes and complex allocation logic.

Best for
Large enterprises, IBM ecosystem, heavy Excel users

How consolidation projects work

We don't do 200-slide discovery phases. We start small, prove value, then scale.

Case Study

Global Asset Manager, 2,800 Employees

2 weeks
Consolidation cycle reduced to real-time
Minutes
Ad-hoc queries (was 2 weeks)
Single
Source of truth across regions

"We went from two-week consolidation cycles to real-time visibility. Leadership gets answers in minutes, not weeks."

- Head of Finance

Read full case study View all case studies

Frequently asked

Do we need to replace our ERP or accounting system?
No. Consolidation tools sit on top of your existing systems. We integrate with whatever your subsidiaries use - Sage, NetSuite, Dynamics, SAP, Xero, or just trial balance exports. The ERP remains your source of truth for transactions.
How long does implementation take?
A focused consolidation implementation can be live in 3-4 months. Complex groups with many entities and intercompany complexity typically run 4-6 months. We always run parallel closes before go-live so you're confident the numbers match.
What platforms do you recommend for consolidation?
Planful is purpose-built for consolidation and often the fastest to implement. Pigment now offers consolidation unified with FP&A. Anaplan gives flexibility for complex groups and integrated planning. IBM Planning Analytics suits large enterprises with heavy Excel requirements. We recommend based on your structure and existing tools.
Can you handle IFRS and local GAAP differences?
Yes. We build models that handle multiple reporting bases - subsidiaries report in local GAAP, adjustments are applied centrally, and you get consolidated numbers in both local GAAP and IFRS (or whatever combination you need). Adjustments are tracked and auditable.
What if we acquire or dispose of entities mid-year?
Modern consolidation tools handle ownership changes, partial disposals, and step acquisitions. We design your model to accommodate change - new entities can be added quickly without rebuilding the structure.

Ready to fix your consolidation?

Start with a conversation. No pitch deck, no pressure - just an honest assessment of where you are and where you could be.