VIENNA Advantage’s Group Consolidation Solution is a multi-faceted and comprehensive software addressing all your business consolidation needs. Whether it is performing consolidation of multi-country entities, navigating through multi-currency operations, integrating acquisitions and disposals, or transferring data from external systems, VIENNA Advantage Group Consolidation solution has all the prerequisites for a rapid, largely automated, and self-reliant system.
Key Benefits of VIENNA Advantage Group Consolidation Solution
Automated consolidation in adherence to defined regulations
Multi-level organizational structure and consolidation
Absolute support in acquisitions and share transfers
Seamless audit adjustments
Multi GAAPs compliance
Unique Features of VIENNA Advantage Group Consolidation Solution
Produce real time inter-business eliminations and financial consolidations
With the VIENNA Advantage Group Consolidation Solution, transactions across all business units get updated instantaneously into the financial statements. Furthermore, the solution calculates and books eliminations instantaneously across all business units.
Streamline multi-currency and multi-country operations
VIENNA Advantage Group Consolidation Solution provides a multi-currency functionality that allows streamlining operations across geographies and jurisdictions. The solution allows you to effortlessly automate sub-ledgers, book forex gains, and losses and manage vendor payments instantaneously.
A completely automated and multi-faceted system
Irrespective of the consolidation method you follow, VIENNA Advantage Group Consolidation solution provides complete support and integration throughout the entire process. The solution helps you build your organization’s structure, even including subsidiaries that are not using the VIENNA Advantage System.
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