Consolidate and report in real time with full alignment to tax and accounting requirements.
Accelerate your group’s close by automating and standardising consolidation, reporting, and disclosure activities. Strengthen the integrity and transparency of your consolidated financial statements while reducing collaboration time and accounting costs. Gain real–time insights for faster, more confident decision–making, always aligned with the latest legislation and (tax) accounting standards.
Remove the time-consuming tasks, like going through endless emails and reviewing countless documents and reports each close cycle, that slow you down and prevent timely reporting and disclosure.
Cpmview brings clarity and efficiency by unifying, streamlining, and simplifying consolidation and disclosure processes for midmarket and large enterprises through modern, innovative technologies.
Automate, standardise and accelerate the group close activities and enhance reporting.
Use your centralised calendar and modern workflow features to connect and align documents and group close activities. Connect and empower local administrations to eliminate time-consuming activities.
Use proven templates for consolidated financial statements and detailed disclosures while eliminating error-prone and time consuming excel driven templates.
Use a best-in-class elimination and consolidation rules-engine to fully automate all kinds of different legal and managerial structures with the push of a button.
Use the statutory-driven structures within the consolidation system to easily fulfil all tax requirements when it comes to different GAAP principles and tax regulations.
Improve the reliability of consolidated statements through visibility, control and consistency.
Use embedded controls to ensure that you are in full control of the whole consolidation process from validated and approved local statements up to consolidated statements, adjustments and disclosures.
Your legal consolidation is always fully aligned with your managerial-driven consolidation structures through the use of the standard available matrix consolidation; this allows flexible reporting across managerial unit (profit or cost centre) hierarchies, showing eliminations on the correct management hierarchy nodes.
Drill down from your consolidated figures directly into your lowest level account details per legal entity (local GL in ERP system) in local or any other reporting currency. Review intercompany transactions and local and group adjustments on the fly.
Easily meet all qualitative and quantitative requirements when it comes to tax reporting (for example, Country-by-Country reporting).
Automate manual non-added value activities and improve productivity and efficiency.
Automate group reporting activities and run them through a predefined workflow.
Use standardised, connected and configurable templates and help the finance area to become better informed and more efficient.
Apply standard business rules to automate opening balances, IC matching, currency conversion, equity eliminations, and equity pickup.
Use out of the box functionalities for tracking changes (audit trail), segregation of duties (‘4 eyes principle’), validations and controls to ensure that data checking activities are kept to a minimum.
Lower your tax reporting costs by leveraging your investments in a statutory group consolidation solution.
Publish and disclose to any format: simultaneously push to PDFs, InDesign, PowerPoints and XHTML with a single click.
Cpmview’s Group Reporting services help your organisation to:
Wouldn’t you like to have your consolidated figures ready within days instead of weeks?
