Anaplan for Financial Consolidation
Anaplan for Financial Consolidation enables finance leaders to experience a faster, more efficient period-end close and report with confidence—without compromising compliance. Speed up inter-company financial reconciliations and close with a single platform that establishes critical links across budgeting, planning, and forecasting processes.
With in-memory calculation, enable real-time updates that shorten the consolidation cycle, giving back valuable time for strategic analysis—all while complying with regulatory reporting standards
Why Anaplan for Financial Consolidation
Streamline consolidation elements
Streamline consolidation elements – inter-company reconciliation, multi-currency, consolidated financial reporting, eliminations, consolidations, journal methods – with one system.
Enhance financial collaboration
Improve collaboration between financial planning and financial consolidation teams. Break down rigid processes and empower local subsidiaries to close using local processes and procedures, all while maintaining corporate controls. Reconcile statutory and management consolidations with one flexible, connected, and collaborative system.
Improve closing speed and accuracy
Increase the speed and precision of closing monthly, quarterly, and annual accounts while complying with IFRS accounting standards.
Easily manage multi-account structures
Manage multi-entity account structures with drag-and-drop—no coding required. Speed configurations of core dimensions, including currencies, inter-company transactions, and methods. Simplify processes with build-in, peer-to-peer inter-company matching.
Gain critical forward visibility
Empower management with a forward-looking plan, with connections across budget, forecast, consolidation, M&A simulations, and currency evolutions on consolidated results.
Report with Confidence
Be confident in your financial consolidation results, thanks to comprehensive functionalities across consolidation controls, workflows, audit trails, and security – all of which ensure consolidation data quality and accuracy from beginning to end.