CONSOLIDATION

CONTROL® handles financial consolidation requirements by consolidating your results quickly and accurately while keeping in compliance with international accounting and regulatory standards. An enterprise can gain this kind of incisive knowledge about its financial and business performance by linking statutory financial consolidation, financial management and financial reporting all with a single solution. CONTROL® delivers just this.

Benefits
	Easy to use
	Flexible
	Eliminates the problems associated with tying together and maintaining separate financial systems, paving the way for strategic, competitive, sustainable, decisive and actionable decision making.
	One shared centralized repository of data and business rules and handles everything “on-the-spot” so you never have different versions of the truth across the enterprise
	Drive your global businesses with native support for multilingual, multi-GAAP, multi-product, multi-industry and multi-currency operations

Features
	Multiple Data Sources Each division or department may use different ERP or GL systems. CONTROL® maps your disparate source data into a common set of dimensions and members for consolidation.
	Cascading As changes are made to the detail levels of data, you instantly see the impact at the higher levels. As budget or forecast data is entered, it is instantly consolidated. As global rates or drivers are adjusted, changes cascade on demand or dynamically to associated models such as P&L, Balance Sheet and Cash Flow
	Multiple currencies CONTROL® has the ability to translate financial data from one currency to another, allowing you to consolidate and see the results in the currency of your choice. It supports the entry of data in any currency and the automatic conversion to another currency using month end rates, month beginning rates, average rates, blended historical rates or any other designated rate
	Data Mapping Data and metadata can be loaded from external sources or internal models on a dynamic or on demand basis from one or more data sources. The drill-to-source features enables the user to track down the number or the details to the origin of the data.
	Real time roll ups and unlimited number of consolidation levels CONTROL® supports different levels of roll-ups and enables multiple levels of consolidation. Also, as CONTROL® supports multiple hierarchies, users can view consolidation based on the required level.
	Ability to enter and document adjustments and eliminations