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financial consolidation

Optimize your financial consolidation!

Would you like to optimize your processes for financial consolidation and implement them in the system? As an experienced partner, we support you in setting up your financial consolidation, tailored to the software solution!

"We draw on scientifically sound knowledge of business concepts, as well as many years of experience in the technical implementation of a consolidation process from the individual financial statements to group offsetting and capital consolidation to reporting."

Rainer Wollmann, Managing Partner

Rainer Wollmann Managing Partner

financial consolidation

Conception of your closing process including special topics such as IFRS restatements, reorganizations or M&A issues

Scientific approach supported by practical experience

Development of customer-specific solutions, e.g. for selected booking logic

S/4HANA integration

Disclosure Management

Implementation of complex and integrated systems

Legal & Management Consolidation

Individual application development

plan consolidation


Services and packages at a glance

Conception & planning

Conception of the work relevant to the financial statements in the accounting systems and conception for the treatment of reorganizations and retrospective value adjustments

Definition & structure

Definition of an efficient consolidated financial statement process according to HGB and IFRS and development of a standard reporting system for all legal requirements

Design of Financial Consolidation

Design of an account assignment manual for the individual companies and a reporting manual for the group departments

Realization with SAP

System-technical realization in SAP/Tagetik CPM

Our software solutions

You can rely on our know-how

Expertise and many years of experience

Success Stories Financial Consolidation

  • Parallel evaluation in SAP FI/ legal consolidation with SAP SEM-BCS
  • Integrated financial, management and budget reporting with SAP SEM-BCS

Management and SAP for financial consolidation

  • Strategic redesign of management reporting as part of the migration to S/4HANA
  • Introduction of SAP S/4HANA for Group Reporting and conversion from SAP EC-CS to SAP S / 4 HANA for Group Reporting
Financial Consolidation: Overview of a consolidation calculation
Rainer Wollmann

We are there for you

Contact Person

Rainer Wollmann

Managing Partner

+ 49 (0) 201 - 830 17 807

Make your company future-proof

In a free initial consultation we will discuss possible solutions with you to make your company future-proof.

FAQ – Frequently asked questions about financial consolidation

What is consolidation?

Consolidation: merging and unifying financial data from different business units of a company.

What does financial consolidation software do?

Financial Consolidation Software: Automates and speeds up the consolidation process, reducing errors and enabling compliance with various accounting standards.

What are the advantages of financial consolidation software?

Software Benefits: Time Savings, Accuracy, Efficiency, Compliance and Better Decision Making.

Should SMEs also use consolidation software?

SMEs and consolidation software: Yes, SMEs should also use consolidation software to streamline their consolidation process and create transparent financial reports.