Group Consolidation
Efficient, audit-ready and built for the future
Find the right consolidation software with BARC to deliver fast, transparent and audit-proof group financial statements without heavy manual work.
Why group consolidation is so demanding
Group consolidation is inherently complex. Finance teams must unify data from multiple sources, accurately eliminate intercompany transactions and maintain end-to-end process control. At the same time, expectations for transparency, compliance and speed steadily rise.
Common challenges:
- Integrating data from different source systems often creates gaps and errors in financial reports.
- New reporting obligations and regulatory requirements including ESG and Pillar II increase the pressure on accounting teams.
- Legacy systems lack flexibility and often lead to error-prone manual processes.
- Cloud transformations and market dynamics introduce new complexities that require adaptable solutions.
How the right software helps
A fit-for-purpose consolidation solution addresses these challenges directly. It provides a reliable foundation for financial reporting and corporate management.
Expected outcomes:
- Efficient consolidation and full transparency for faster access to trustworthy figures.
- Greater confidence in compliance and flexibility as requirements change.
- Seamless integration with planning and reporting for holistic performance management.
Our expertise is designed for organizations that:
- Consolidate finance data from many sources and want to improve efficiency and transparency.
- Need to meet increasing regulatory demands.
- Are moving their finance organization to the cloud.
- Require a solution that can scale with business growth.
Finding the optimal solution with BARC
With over 20 years of experience and proven best-practices, we help you find the right software and avoid strategic errors during implementation. Our independent expert knowledge and access to reliable data from tens of thousands of users from our research guarantee well-founded decisions and future-proof solutions.
Determining the right strategy is the critical first step. Contact our team to benefit from our deep expertise in corporate performance management. Our analysts use a proven, research-backed methodology to ensure your decisions are well-founded and your solution is future-proof.
Technology expertise backed by research
What our customers say about us
Success Stories
These companies trust us
