In previous years, large multinational companies processed financial consolidations in order to meet a series of sophisticated requirements. Today, many mid-sized companies own legal entities in different states or countries.
Whereas using spreadsheet programs for consolidation can be very time-consuming and error-prone, a variety of advanced software applications can streamline processes and contribute significant value.
Read this informative white paper for a look at the following and more:
- The steps involved in financial consolidation
- Integrated functionality from packaged software applications
- The limited capabilities of spreadsheets
- 5 tips to simplify your consolidation process
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