Automate consolidation, accelerate close cycles, and deliver audit ready financial insights with precision.
For multi entity organizations, the month end close remains one of the most resource intensive and risk prone finance processes driven by manual intercompany reconciliations, currency translations, and fragmented audit trails.
Consolidation 360 is a pre-built, AI-powered solution that automates financial consolidation end to end, compressing close cycles, reducing manual error, and delivering timely, audit-ready financial insights from day one.
The True Cost of a Manual Consolidation Process
Manual consolidation creates delays, increases error risk, and limits confidence in financial reporting, shifting finance from insight generation to reconciliation and reducing decision effectiveness.
A close cycle that stretches 15 or 20 business days
Leadership makes decisions on outdated data, investors receive delayed insights, and finance remains consumed by an extended close process that limits agility and strategic impact.
Persistent Challenges in Intercompany Reconciliation
Multiple entities and intercompany relationships are reconciled manually, creating recurring mismatches. Close cycles are delayed as unresolved discrepancies must be addressed before consolidation can proceed.
Currency Translation Processes That Increase Error and Audit Risk
Multiple currencies and translation methodologies are managed manually, introducing inconsistency and control gaps. Each translation increases error risk, elevating exposure to audit findings and reporting inaccuracies.
Manual Adjustments Driving Complexity in Multi GAAP Reporting
Multiple accounting standards across entities are managed in separate workbooks with manual adjustments, creating structural complexity. This approach introduces recurring error risk and limits consistency in financial reporting.
Leading organizations complete consolidation in five days or fewer, while the average extends to 15–20 days. This gap delays decision-making and diverts finance capacity toward reconciliation rather than insight generation.
From Weeks to Days: Transforming Financial Close and Consolidation
Consolidation 360 is a pre-built, AI-powered solution that delivers end to end financial consolidation within a governed, audit ready environment. It automates intercompany matching, currency translation, minority interest calculations, and multi GAAP adjustments eliminating manual intervention and reducing control risk.
Each engagement begins with a structured assessment of the current close process, identifying manual dependencies, quantifying risk exposure, and prioritizing transformation opportunities. The result is a systematically redesigned close; faster, more reliable, and built for consistent, audit-ready reporting.
- Automated intercompany matching and elimination for all entity relationships
- Currency translation with configurable rate types (closing, average, historical)
- Multi GAAP reporting (IFRS, US GAAP, local GAAP) from a single data set
- Complete digital audit trail for all consolidation adjustments and eliminations
- Close task management with workflow, dependencies, and real-time status dashboard
- Consolidated financial statements ready for board and investor distribution within 5 business days
100%
Audit-Ready Financials from Day One
Complete audit trails, validation controls, and compliance embedded in every process
80%
Reduction in Close Effort
Automation removes manual consolidation tasks and repetitive reconciliation work.
5 Days
Close Cycle Achieved
Compress month end close timelines from 15–20 days to under a week.
3x-5x
Faster Financial Reporting Cycles
Deliver timely, reliable financial insights aligned with business decision timelines.
Why Consolidation 360
Consolidation 360 addresses a critical constraint in finance functions; the speed, accuracy, and control of the close process. As a pre-built, AI-powered solution, it replaces fragmented, manual consolidation with a governed, automated environment.
Automated Intercompany Eliminations
Rule based intercompany matching and elimination across all entity relationships ensures automated, consistent reconciliation, eliminating manual effort and removing intercompany disputes from the close process.
Multi-Currency Translation
Configurable foreign exchange rate types are applied consistently across all entities, with translation differences calculated and posted automatically, ensuring accurate, policy-aligned results without manual intervention.
Multi-GAAP Reporting
A single data model supports multiple accounting standards through a dedicated multi GAAP dimension, enabling one set of actuals with consistent, automated adjustments and no reliance on manual workbooks.
Close Task Management
A structured, digital close workflow with defined ownership, dependencies, and automated validation ensures full process visibility, enabling leadership to track real time close status without reliance on manual updates.
Audit Trail and Controls
Every adjustment, elimination, and journal entry is fully traceable with clear ownership, timestamps, and rationale, enabling rapid audit response and significantly reducing compliance effort.
Managing Complex Ownership
Non-controlling interests, joint ventures, and complex ownership structures are automated within a unified model eliminating manual calculations and ensuring accurate, consistent consolidation outcomes.
Related Solutions
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Reporting 360
Transform raw financial data into board-ready insight. Build customizable dashboards and narrative reports that give every stakeholder the numbers they need, the moment they need them.
Frequent Asked Questions
Consolidation 360 is a pre-built, AI-powered financial consolidation solution that automates intercompany eliminations, currency translation, and multi-GAAP reporting, enabling faster, more accurate close cycles.
Manual consolidation relies on disconnected spreadsheets and repetitive reconciliations. Consolidation 360 provides a governed, automated environment that ensures consistency, reduces errors, and accelerates the close process.
Yes. Consolidation 360 supports complex organizational structures, multiple currencies, and configurable FX translation methodologies within a single, integrated model.
It uses rule based matching and automated eliminations to reconcile intercompany transactions, eliminating manual effort and reducing reconciliation discrepancies.
Yes. A unified data model with a multi GAAP dimension enables reporting across IFRS, US GAAP, and local standards without maintaining separate workbooks.
Every adjustment and transaction is fully traceable with built-in audit trails, validation controls, and governance workflows, ensuring audit ready financials at all times.
As complexity increases, manual processes introduce risk and delay. Automation improves close speed, enhances accuracy, reduces compliance risk, and frees finance teams to focus on analysis.