Adaptive Consolidation
Adaptive Consolidation will speed up your month end.

Adaptive Consolidation What is it?

Adaptive Consolidation allows you to perform a full statutory consolidation of your monthly accounts. It has currency translation, inter-company eliminations, standard and ad hoc consolidation adjustments, journals and full reporting capability.


Adaptive Consolidation
What does it do for you?

Speed up month end

Adaptive consolidation will speed up your month end – just at the point when time is most precious.

Automate the process

Adaptive Consolidation will automate your data load and reload from your GL, regardless of the number of source systems. It enables automatic currency translation with Currency Translation Adjustment (CTA) as standard. The Inter-company balancing process allows complete visibility of inter-company imbalances with drill down. This allows you to gain control of this time critical task. Adaptive also provides auto elimination of inter-company balances according to your business policies.

Recurring and ad-hoc journal entries allow for further management adjustment, along with automated calculation and adjustment for minority interest.

Easy reporting

The consolidation results are fully integrated with Budget and Forecasts. This allows for easy reporting of actual against budget, and to analyse results with Constant Currency reports to eliminate the impact of FX movements. OfficeConnect provides the ability to create management accounts packs and statutory reports. All with the ability to include Notes to Accounts and commentary in Excel, Word and Powerpoint.


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Consolidation

Key features

  • Fast accurate consolidation of results

  • Upload and integrate data from any source

  • Multi-currency; Inter-unit elimination; automated CTA

  • Use actual, budgets, forecasts

  • Enter journals, track processes

  • Simple to use, fast, effective consolidations

Multi-currency

Key features

  • Unlimited currency rates and versions

  • Automated translation at appropriate rates

  • Automated CTA with reports to analyse and prove the value

  • Constant currency reports to analyse the impact of FX movements

Allocations

Key features

  • Allocate costs amongst divisions

  • Define and automate your business rules

  • Gain a true view of profitability

Collaboration & Workflow

Key features

  • Manage consolidation across sites and timezones

  • Instant up to date view of task progress to deadlines

  • Collaborate with colleagues online

  • Incorporate attachments and notes directly

Transactions

Key features

  • Drill down to Actual transactions

  • Online analysis of report balances

  • Automated load direct from your GL


Book your bespoke demo
We can show you how Adaptive will meet your unique needs