Consolidation

Have you optimised your consolidation, planning and reporting systems?

Internal and external stakeholders expect shorter and shorter reporting cycles and, in general, the demands placed on CFOs, group controllers and accountants are growing all the time. The accounting standards are becoming increasingly complex and there is almost no limit to the diverse requirements of management for relevant and insightful management information. A consolidation, planning and reporting system is often indispensable to be able to fulfil these expectations. Support by means of a customised software application gives you not just marked gains in the efficiency of your consolidation, planning and budgeting processes but also greater security with regard to data quality. In our capacity as your independent advisor we guide you through the software introduction process – from the evaluation through to the implementation of customised solutions. And after the rollout we continue to support you in further optimising and expanding your systems and processes.

The challenges you face

• You would like to optimise your existing consolidation, planning or reporting processes and systems.

• You need a software application for consolidation, planning or reporting and at the same time would like to enhance your year-end closing processes.

• You have already decided on a CPM software application and are looking for a skilled and experienced implementation partner.

• You require an automated cash flow statement or system-generated segment reporting.

• You are wondering how changes in the scope of consolidation or other complex transactions can be reflected correctly in your systems.

How PwC can support you

• We optimise your existing consolidation, planning or reporting processes and systems.

• We support you in evaluating suitable software solutions for consolidation, planning and reporting in our capacity as an independent advisor.

• We implement CPM software from a range of providers and ensure that the chosen solutions not only function seamlessly but also satisfy your requirements (e.g. IFRS compliance).

• We automate your cash flow statement in accordance with IFRS or Swiss GAAP FER and ensure that system support greatly simplifies your segment reporting.

• We advise you on how to solve complex transactions, such as takeovers or deconsolidation.