Consolidated
Analysis
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Consolidation of Expenses across departments
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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.
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Immediate, dynamic
consolidations across any number of dimensions
(Business areas, geographic locations, products,
customers, market segments) |
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Unlimited numbers
of consolidation levels |
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Support for
any number of alternate hierarchies to support
coordinated statutory and management structures
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Ad-Hoc filtering,
selections and reporting branches for “on-the-fly”
consolidations and user defined reporting
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On-the-fly scaling
of numeric values so that data may be reported
easily in dollars, thousands, or millions.
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Automatic currency
conversion accommodating any number of rates
(period, average balance, etc.) |
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Mapping for
multiple charts of accounts with drill-to-source
capability |
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Simple incorporation
and tracking of eliminating entities and entries
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Scriptable and
triggered data mapping and reporting |
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Automatic reconciliation
and error reporting |
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Benefits |
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Multiple
Data Sources
Each division or department may use different
ERP or GL systems. CONTROL® with built
in ETL tool maps your disparate source data
into a common set of dimensions and members
for consolidation from any system which
could be any ERP/GL systems egs: JD Edwards,
Great Plains, Oracle, People Soft, Scala,
Soloman, Axapata, Legacy systems or from
un structured data sources
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Multi
currency
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.
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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.
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Ability
to enter and document adjustments, Intercompany
eliminations
CONTROL® helps you perform intercompany
eliminations through modeling your business
process resulting in elimination of such
transactions helping in proper group consolidations.
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P&L,
Balance Sheet, Cash Flow and Fixed assets
Provides clear, transparent, financial statements
and reporting including profit and loss,
cash flows & balance sheets.
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Compare
Budgets and Actual data
Compares budgets-to-actual data from a single
application including assets, liabilities,
revenues and expenses.
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Full Audit Trail
A full audit trail maintained for every journal
transaction
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Financial Reports
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