FINANCIAL CONSOLIDATIONS AND REPORTING
Financial Consolidation and Reporting Made Easy
Whether you need to automate your portfolio companies financial reporting and complex consolidation spreadsheets or implement a full-blown GAAP compliant consolidation system, CenDat has a solution for you.
As companies grow, especially through acquisitions, CFOs typically experience time consuming challenges bringing vast quantities of data from various sources into one very complex stand-alone spreadsheet. This is the usual ‘go-to’ solution – but they quickly become unusable as new entities are added, complex currency translations are introduced and the requirement of more detailed reporting transparency.
The solution is a streamlined consolidation process using the Jedox platform. Our systems supports multi-currency financial reporting, journal capability, intercompany, allocations, and more... all while allowing multiple ERP data sources and multiple users. Dynamically linked Excel spreadsheets and web reports allow, at the click of a button, numerous views of financial statements – including full drill-down functionality.
Meet internal and external reporting requirements with fully customizable reports - dynamically through Excel and via the web
Full currency conversion and multi-currency reporting built in.
Streamlined Consolidation Process
Streamline your consolidation process with dynamically linked excel reports, web interface, and automatic data downloads.
Scaling is simple with easy addition of new acquisitions and easily modifiable flexible reports.
Easily make and track both consolidation and entity level adjustments.
Quickly identify reporting discrepancies with built-in intercompany matching.
Extensive integration links allow for automatic data downloads from ERPs and various other data sources.
Get the same benefits of other dedicated consolidation solutions for a fraction of the cost.
Excel, Web, and Mobile Interfaces
Our application supports Excel, Mobile devices, or the Web as an interface into the system, ensuring users can use whichever method fits their need best.
Keep employees in familiar systems by supercharging Excel instead of trying to replace it.
Single Source of Truth
Centralized cloud database ensures all users share the same data, eliminating different versions of the same data.
Extensive Integration Capabilities
Extensive suite of dedicated connectors to popular systems as well as supporting REST and SOAP API to allow connections to any web facing API.
Powerful Rules Engine
Completely customize the application for your company's needs with a powerful underlying rules engine.
Eliminate data versioning challenges with multiple user reporting.
Flexible underlying platform allows full customization and creation of additional applications as needed.