What speeds consolidation up
A close accelerates when the inputs agree before they are consolidated: exchange differences visible during the month, intercompany posted once and mirrored, local charts mapped in design, and eliminations that run as a process with an owner.
What the design fixes
One group chart with local statutory mappings, so translation is a rule rather than a rebuild. Intercompany transactions posted once and mirrored, with automated eliminations. A rate policy stated once (source, timing, revaluation). Consolidated reporting drilled back to the source document.
Reporting standards
Groups report under IFRS, or a local equivalent such as the Australian AASB standards. IFRS 18 and AASB 18 change the structure of the income statement for annual periods beginning on or after 1 January 2027, which is worth designing into the chart now rather than rebuilding later.
What you receive from a discovery workshop
A short, written output you can take to your board or another implementer.
How an engagement runs
It starts with a 45-minute consultation, then a discovery and fit-gap workshop on your own processes. You receive a written fit-gap and a phased plan before a programme is agreed. Four phases follow, each with something you can use and review.
Entdecke
Prozessworkshops, Datenprüfungen und eine Passungslücke im Vergleich zum Standardprodukt.
Konstruktion
Lösungsplan, Integrationskarte und die Erweiterungen, die wir tatsächlich brauchen werden.
Einsatz
Konfiguration, Migrationsproben, rollenbasierte Schulungen, UAT und phasenweise Umschaltung.
Unterstützung
Hypercare, Managed Services, Kundenportal, geplante Optimierungsbewertungen.
What drives the cost: users, legal entities and currencies, integrations, data migration and the gaps found against standard. See how pricing works or run the three-minute readiness score.
Häufig gestellte Fragen
Can you run IFRS and local GAAP side by side?
Yes, through parallel ledgers or a mapped chart, depending on the requirement. We decide it in the Design phase.
Can the group close be faster?
Usually. The gains come from posting intercompany once, mirroring it, and eliminating automatically.
General information, not tax, legal or accounting advice. Mandates, rates, thresholds and dates differ by country and change; confirm the current position with the relevant authority and your advisers before relying on it.
Last reviewed 2026-10-11