Financial Consolidation 5 tips to a faster, simpler close

Whether you are a large, publicly-traded multinational with sophisticated reporting requirements or you are a mid-sized company that owns several legal entities in different locations, financial consolidation is essential for creating accurate financial statements. By reducing consolidation complexity and automating the tactical consolidation processes you can move beyond simply managing the financial consolidation process to understand your competitive standing and global business performance.

Here are a few tips to consider when choosing a financial consolidation solution.

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Your business is evolving. Your systems should evolve too. Achieve your goals more successfully with Prophix’s innovative Corporate Performance Management (CPM) software. Improve profitability and minimize risk when you automate repetitive tasks and focus on what matters. Budget, plan, consolidate and report automatically. Whether in the cloud or on-premise, Prophix supports your future with a platform that flexes to suit your strategic realities, today and tomorrow.