Fast-growing organizations faces the challenge of various accounting standards, complexity of foreign currencies, taxation structures, and reporting and compliance requirements that far outstrip the capabilities of the spreadsheets and standalone accounting applications.
CPM Consulting has more than a decade of consulting and implementing experience enabling organization to automate their legal and management consolidation process within their group using either the Strategic Enterprise Management Business Consolidation System / Business Warehouse (SEM BCS) based consolidation solution or SAP BusinessObjects Business Planning and Consolidation (SAP BPC) solution.
These tools such as SEM BCS or SAP BPC enable quick closing of books. It also provides inbuilt functionality to carry out tasks such as balance carry forward, currency conversion, inter-company elimination, consolidation of investment and journal entries.
To learn more about how CPM Consulting can help you, Contact us.