Month End – Group Accounting and Complex Reporting
Month-End is a painful process for most organisations. Closing, reconciling, consolidating and reporting are often dogged with manual processes. As accountants we understand the pain involved in all stages of this and bring that knowledge to the table with solutions that specifically address month end.
Be it consolidations – with fx translation, minority interests, eliminations and reporting that consolidated data; or what we call complex reporting – putting together the 2cm thick board or executive packs, filing ASIC, ATO or ASX reporting, compliance reporting to various state or federal government authorities in either PDF, spreadsheet or XBRL form – we are able to work right along side your team to take the pain out of month end.
Using Cognos Disclosure Management and Cognos Controller (not just manipulating Cognos business intelligence or TM1 to solve these problems), we have specific tools for the job that integrate with BI and TM1, but are designed for the accountant to use and manage to achieve specific outcomes – consolidations and complex reporting.
As leaders in our field, we’ve helped some of Australia’s largest and most respected companies reduce their efforts, risks and costs when it comes to the month end reconciliation and consolidation management process.
These include the likes of News Corporation, Goodman Fielder, Woolworths, Dick Smith and Hunter Douglas.
Let us show you how we can help you with you month end process.