The ultimate consolidation software checklist

Legacy consolidation software is costing finance more than time. The toll of antiquated software manifests in financial statement errors, consumed human resources, one-dimensional insights, and sluggish responsiveness.

How do you know if your consolidation software is outdated?

• You haven’t replaced consolidation software in the last 10 years.
• Your system requires high levels of customization to accommodate allocations, FX/currency conversions, intercompany eliminations, or M&A.
• You’re relying on manual processes for account reconciliation, transaction-matching, local close, ESG and iXBRL
• Your close and consolidation processes are divided by point solutions. (E.g., one solution for account reconciliation, one for local close, etc.)

This checklist is a comprehensive overview of the capabilities you should look for in financial close and consolidation software. Use it to identify software that enables compliant ESG reporting and improves sustainability performance

White Paper from