Financial Consolidation, Statutory Reporting and Group Controlling
Jedox Financial Consolidation
What is Jedox Financial Consolidation
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Accelerate financial reporting
Efficient, automated processes for data collectionand consolidation reduce the time spent onpreparing consolidated financial statements.
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Improve performance management
Enrich the data foundation for planning,budgeting and forecasting with consolidatedfinancial data for improved decision-making.
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Ensure traceability for audits
A highly transparent process and audit trail helpsauditors to trace data, KPIs and calculations.
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Meet regulatory requirements
The highly configurable solution enablescompliance with multiple international standards,industry-specific, and local requirements.
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Fulfill internal reporting needs
Get better financial insight into group performance.Enjoy the flexibility to adapt reports for internalstakeholders and share intuitive tools forself-service analysis.
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Deploy your solution quickly
This pre-built solution is highly configurable andensures fast deployment to get your team moving quickly.
Key Features
Administrate complex group consolidation:
- Subsidiaries, subgroups, joint ventures, associates
- Direct and indirect ownership rates
- Multiple versions
- Full consolidation, proportional consolidation, equity method
Financial Consolidation
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Audit-trail and traceability
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Configurable for any standard, including IFRS, country GAAP and more (IFRS sample data included)
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Consolidated balance sheet, P&L, comprehensive income, cash flow, movement schedules, changes in equity, and more
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Flexible management reports
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Self-service KPI analytics
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Integration with planning, budgeting and forecasting
Automate consolidation measures:
- Subsequent capital consolidation
- Non-controlling interests*
- Eliminate intercompany transactions
- Debt consolidation
- Expense & income consolidation
- Simultaneous consolidation of subgroups
Streamline data collection and validation:
- Import currency exchange rates
- Pre-built Excel templates for data upload
- Workflows for data collection*
- Plausibility checks and data validation*
- Automated data import from ERP, Jedox apps and other sources
Accelerate data preparation:
- Posting journal for manual and automated entries
- Intercompany matching and reconciliation
- Automated adjustments
- Currency translations & foreign exchange differences
Thousands of companies have already chosen Jedox!
Why Qbit?
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Solutions that make sense
We deliver state-of-the-art solutions which modernize and makes companies more competitive "A project of more than 3 months is NOT a project, but a problem." We deliver solutions in weeks, on time and on budget.
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Skills
Qbit consultants have deep financial insight and business understanding that will contribute to increase value and successful solutions with our customers.
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Jedox Diamond Partner
Qbit is the most experienced and compelling consultancy house, specialized as Jedox Excellence Center. Among the very few Jedox Diamond Partner worldwide and Jedox Certified Training Center in Scandinavia.
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We are people working together with people
We are at eye level with our customers and have the background and experience to understand their business. Our customers are God! Our mission is to help you become more competitive, efficient, and business oriented with support from our best-practice business consulting and with the use of modern budget, planning and forecast modules.
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