Consolidation & Close | Codestone

Consolidation and close

Reduce risk, save time, create efficiency

consolidation
Close

UK's Leading Transformation Experts

  • SAP EMEA North Partner Excellence Awards – Innovation with SAC
  • CCH Tagetik Platinum Partner
  • SAP Gold Partner
  • SAP Intelligent Enterprise Partner Ambassador
  • Microsoft Gold Partner
  • SAP EMEA North Partner Excellence Awards – New Business Category
  • SAP EMEA North SAP Business ByDesign Outstanding Performance Award
  • #1 SAP EMEA North SAP Business ByDesign Partner
  • #1 SAP EMEA North SAP Business One Partner
  • #1 SAP UK SAP Business ByDesign Partner
  • #1 SAP UK SAP Business One Partner
  • Microsoft Modern Workplace Partner

At a glance

Speed, accuracy
and information

Financial consolidation is fraught with difficulties. Duplicate, inaccurate and incomplete data are common challenges. Bottlenecks at department level can slow the consolidation process to snail pace. In these circumstances, making planning and budgeting decisions can be an accident waiting to happen.

But better, faster consolidation is possible. The right technology can revolutionise your consolidation and close workflows. Intelligent automation allows for data collection and processing in almost real time, making consolidation a pain free exercise. For their part, finance teams are free to focus on more complex and creative tasks.

Codestone offers a range of consolidation solutions from SAP – the most trusted name in business planning and consolidation software.

Features and benefits

Control, speed, accuracy

  • Take control of your financial close. From complex consolidations to regulatory reports: make them faster, more accurate and always compliant.
  • Reduce risk. Cut the risk of manual mistakes, lose the spreadsheets and increase security, accuracy and insight.
  • Create a single source of truth. No more paper trails or endless email threads. One source of truth means consistency across consolidation and close.
  • Stay compliant. Clear and detailed audit trails create transparency, traceability and accountability. Comply easily with all current and upcoming regulations.
  • Shorten financial close cycles. Collect, audit and store all financial data for easier close. Use it to gain deeper insights into financial performance and make evidence-based decisions.
  • Report quicker. Stop chasing deadlines. Start being the business partner your company needs, supporting key decisions with up-to-the-minute data.
  • Save time. Automation means less time on routine tasks and more on decision-making and strategy.
  • Close the books faster. Automation of data loads, validations and consolidation means faster closing. Period.
  • Superfast implementation. Get the benefits sooner. Our pre-built solutions are IFRS and GAAP compliant out of the box, making implementation 62% faster.
  • Prioritise agility. Integrate consolidation and ERP and use real time data to help predict upcoming challenges and opportunities.
  • Get business-enhancing insights. A single platform for easy, enterprise-wide data collection and analysis.
  • Monitor and act. Automatically monitor key financial metrics across your organisation, and act quickly when the need arises.
  • Consolidate continuously. ERP integration allows for continuous consolidation in real time, shaving days off the period close cycle.
  • Comprehensive performance management. Out-of-the-box best practice as cash flow, balance sheet, income statement and more are calculated automatically. No customisation required.
  • Intuitive interface. Do it all in a feature-rich and easy to use interface. A single solution for reporting, analysis and task management.
  • Seamless app integration. Integrate spreadsheets, native databases or other SAP applications, and remove manual risk. Source data directly from EPM and ERP systems.
  • Work together more effectively. Promote collaboration with dynamic, data-driven approval flows, creating efficiency and accountability.
  • Enjoy global reach. Support for multiple currencies and accounting standards, alongside intercompany operability, means you can do business more easily anywhere.
  • Work smarter. Efficient and transparent workflows, reporting tools and dashboards improve teamwork and encourage the optimal use of resources.

Our approach

Consultancy

Certified, accredited and focused on providing
the right solution for you

Consolidation and close is time consuming and resource-intensive. Manual inputs make it prone to error. But Codestone can make it more efficient, accurate and valuable to your business. We’ll turn consolidation from a chore to a business differentiator.

How? By offering out-of-the-box consolidation packages that automate mundane tasks, ensure accuracy and produce real insight. We won’t sell you just any consolidation package. We’ll get to know your business in depth and suggest the very best system for your needs. With Codestone, it’s always about you.

Project services

Experience and agile
to ensure project success

We’ll implement and support your consolidation package with maximum speed and minimum disruption.

  • Fully implemented, integrated and up and running in as little as 10 weeks.
  • You’re in safe hands. Our multi-award winning team has wide experience across sectors.
  • We help you achieve self-sufficiency, so you make the most of your investment. The less you need of us, the better we’ve done our job.
Our project services

What our Customers say

Croda
Our assigned Codestone consultant during the migration project quickly understood all our needs and was extremely professional and knowledgeable. Codestone understood the impact of any delays and scaled up resource when needed to ensure that we went live on time.
Energie
I like building and optimising systems and working with our Codestone consultant as an embedded member of the team allows us to continually improve.
Laing O’Rourke
Codestone consultants have been excellent in terms of their ability to produce designs that suit us really well. They understand our limitations too and that it is not always about implementing the perfect solution – it’s about implementing the solution that’s right for LOR.
Ricardo
Throughout the development and delivery, Codestone were a true solution partner – fully committed to our strategic objectives and the successful fulfilment of the project. Their pragmatic and flexible approach to project scoping enabled us to deliver on time and on budget.
<

Our Consolidation & Close Solutions

SAP Analytics Cloud

Bringing Planning and Consolidation with INSIGHT

Wolters Kluwer

Go Beyond Corporate Performance Management

SAP Business Planning & Consolidation

24x7x365 Support and Training of Your BPC System

We should be talking.
It's probably worth it.



    Cookie Consent with Real Cookie Banner