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SAP Financial Consolidation

Fast-track the close-to-disclose process with SAP BusinessObjects Financial Consolidation software

Deliver fast and accurate financial statements – and free up more time to focus on strategy and analysis. Our financial consolidation software can help you navigate multiple currencies, mergers and acquisitions, and evolving accounting standards such as IFRS and local GAAP. Comply with complex financial reporting requirements – and close the books at record speed.

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CUSTOMER BUSINESS VALUE

SAP BFC helps you streamline compliance, meet management and global regulatory requirements – and ultimately accelerate the financial close-to-disclose process. It lets you spend less time reporting and more time analyzing the how and why of financial events.   

  • Shrink the time and cost of financial close and reporting cycles – without sacrificing controls
  • Ensure compliance with IFRS and local GAAP requirements, including XBRL reporting
  • Real-time reporting on consolidated data with SAP HANA in-memory computing
  • Automate intercompany reconciliation and elimination, currency translation, segment reporting, and more
  • Strengthen investor relations by maintaining transparent data and audit trails

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