CloudScouts' Financial Consolidation solution built on Kepion is designed to streamline and simplify the consolidation process.
The solution offers a range of features that provide efficiency, accuracy, and ease of use.
Key Features of Our Kepion Financial Consolidation Solution
The Kepion Financial Consolidation solution is tailored to meet your unique needs, offering powerful features that are easily accessible with just a click of a button.
Calculation of Ultimate Ownership Percentages
Accurately calculate ultimate ownership percentages, helping you understand and report on the ownership structure within your group.
Currency Conversion
Automate and accurately manage currency conversions for all your entities to ensure consistency and precision in financial reporting.
Current Year Retained Earnings
Automatically calculate and update retained earnings for the current year, streamlining your year-end closing process.
Intercompany Matching & Eliminations
Seamlessly match and reconcile intercompany transactions, reducing discrepancies and ensuring consistency across your entities.
Balance Carry Forward
The Consolidation process begins with Balance Carry Forward, where the closing balances of the prior year are carried forward to the current year with the click of a button.
Reclassification
Easily manage reclassification entries to adjust financial statements and present a true and fair view of your financial position.
Controls & Validations
Implement robust controls to manage and monitor your financial consolidation processes, ensuring compliance and accuracy.
User-Friendly Interface & Automation
Our financial consolidation solution features a user-friendly interface built for finance professionals. With intuitive navigation and powerful automation capabilities, users can perform complex consolidations without the need for coding or extensive technical knowledge.
- Easy integration with table-based configurations.
- Click and configure rules and import Excel files with pre-defined rules.
- Easy setup and modification of rules for efficient financial management.
Reporting Capabilities
Generate comprehensive and detailed reports effortlessly.Our Financial Consolidation solution on Kepion provides a robust and user-friendly platform designed to streamline your consolidation processes efficiently.
Key benefits include:
- Seamless integration for smooth data flow.
- Powerful features for accurate consolidation.
- Automation tools for timely financial reporting.
Contact us at info@cloudscouts.pro to discover how our solution can enhance your organization’s financial consolidation.