Financial Consolidation of a leader Spanish group in wáter distribution


Budget Project to estimate and control of achieved projects. Financial consolidation tool got integrated with planning integration too.

Tactics

Financial legal and fiscal consolidation by stages, keeping the contributive visión to the total consolidated statemens from indidual entities.

  • Chart of accounts adapted to foreign holding matrix.
  • Speed up in conciliation process and some rules are optimized to allow reductions in consolidation times.
  • Automation canculation to obtain complex reprots (EFE)
  • Consolidation is done with flows.
  • Company structure of 120 with 105 users.

System: Oracle HFM, FDMEE