Consolidation
Consolidate Data Across Sources, Companies, and Borders
Solver, a cloud-based extended financial planning and analysis (xFP&A) solution, consolidates information from any data source to provide a single source of truth. Information is gathered and managed in Solver’s Data Warehouse, which supports unlimited data streams, while the solution’s financial consolidation features such as automated currency translation, elimination rules, and process management ensure accurate insights. Together, these functionalities give CFOs, CEOs, and other key stakeholders access to the reporting, analysis, and dashboards they need to make timely, strategic decisions.
Meet Regulatory and Compliance Needs
One of the keys to consolidation is to meet and address all regulatory deadlines and compliance issues, including Sarbanes-Oxley (SOX) that mandates certain practices in financial recordkeeping and reporting for corporations.
For example, some organizations must report information on their users to meet SOX regulations. Anyone with full administrative permissions in Solver can easily create a User Report based on some of the data related to their users, including the users assigned, roles, permissions, access to features, license, and data access.
No one wants to scramble to retrieve regulatory and compliance documents at the last minute. Good news: All reports are easily accessed in Solver, saving staff time in ensuring deadlines are met.
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Financial Consolidation
Our financial consolidation capabilities unify data across multiple entities, ERPs, and currencies—automating eliminations, adjustments, and rollups to deliver accurate, compliant, and timely consolidated financial statements.
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Data Warehouse
Our Data Warehouse connects to unlimited data sources across your organization, seamlessly consolidating critical data and providing one version of the truth for streamlined, unified reporting and analysis.
Take the Next Step
Get a firsthand look at the data warehouse and how Solver simplifies financial consolidation to deliver fast, accurate insights.