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Consolidating Profit & Loss Report Example

What is a Consolidating Profit & Loss Report?

Consolidating Profit & Loss (P&L) reports are considered essential month-end reports and are used by CFOs and Group Controllers to analyze consolidated financial results. Some of the key functionality in this type of report is that it displays subsidiaries or divisions along with intercompany eliminations in the columns. The report can be produced in any currency and the charts on the top provide managers with easy comparative analysis. You find an example of this type of report below.

Purpose of Consolidating Profit & Loss Reports

Companies and organizations use Consolidating Profit & Loss Reports to view subsidiary and consolidated revenues, expenses and profit side-by-side. When used as part of good business practices in a Finance & Accounting Department, a company can improve its month-end analysis capabilities as well as reduce the risk that HQ executives lack clarity in the contributors to the consolidated results.

Consolidating Profit & Loss Report Example

Here is an example of a modern, consolidating Profit & Loss report.

Consolidating Profit & Loss Report Example

Consolidating Profit & Loss Report Example

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, CFOs and Controllers.

Other Reports Often Used in Conjunction with Consolidating Profit & Loss Reports

Progressive Finance & Accounting Departments sometimes use several different Consolidating Profit & Loss Reports, along with consolidating balance sheet and cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Consolidated Profit & Loss Monthly Variance Report Example

What is a Consolidated Profit & Loss Monthly Variance Report?

Consolidated Profit & Loss variance reports are considered coporate HQ analysis tools and are used by CFOs and Group Controllers to easily view consolidated as well as subsidiary performance against budget. Some of the key functionality in this type of report is that it automatically produces a multi-tab output based on a consolidation tree selected at run time. The top entity displays on the first tab, while divisions and their subsidiaries show on the following tabs. The year-to-date column can be expanded to see each underlying period. You find an example of this type of report below.

Purpose of Consolidated Profit & Loss Variance Reports

Companies and organizations use Consolidated Profit & Loss Variance Reports to easily view both the consolidated results and those of their subsidiaries, and compare them to the budget or forecast. When used as part of good business practices in a Finance & Accounting Department, a company can improve its performance analysis as well as reduce the risk that corporate decision-makers cannot determine consolidated budget variances by drilling do the related figures at the subsidiary level.

Consolidated Profit & Loss Variance Report Example

Here is an example of a Consolidated Profit & Loss Variance report with underlying subsidiary reports on each subsequent tab.

Consolidated Profit & Loss Monthly Variance Report Example

Consolidated Profit & Loss Monthly Variance Report Example

 

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, CFOs and Controllers.

Other Reports Often Used in Conjunction with Consolidated Profit & Loss Variance Reports

Progressive Finance & Accounting Departments sometimes use several different Consolidated Profit & Loss Variance Reports, along with consolidated balance sheet and cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Consolidated Profit & Loss Monthly Trend Report Example

What is a Consolidated Profit & Loss Trend Report?

Consolidated trending reports are considered monthly analysis tools and are used by CFOs and Group Controllers to determine trends in revenues, expenses and profitability. Some of the key functionality in this type of report is that it can be produced both consolidated and for individual subsidiaries. The periods in the columns are dynamically rolled out up to the current month. It is also typical to group the expenses by department. You find an example of this type of report below.

Purpose of Profit & Loss Monthly Trend Reports

Companies and organizations use Profit & Loss Monthly Trend Reports to easily analyze month-over-month changes for any particular revenue or expense item on their financial statement. When used as part of good business practices in a Finance & Accounting Department, a company can improve its ability to react quicker to trends that are positively or negatively affecting the business as well as reduce the risk that a shift in their environment goes undetected.

Profit & Loss Monthly Trend Report Example

Here is an example of a dynamic Profit & Loss trend report that can be used for consolidations as well as for individual companies.

Consolidated Profit & Loss Monthly Trend Report Example

Consolidated Profit & Loss Monthly Trend Report Example

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Executives, CFOs and Analysts.

Other Reports Often Used in Conjunction with Profit & Loss Monthly Trend Reports

Progressive Finance & Accounting Departments sometimes use several different Profit & Loss Monthly Trend Reports, along with trended balance sheets, cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Intercompany Transaction Audit Report Example

What is a Intercompany Transaction Audit Report?

Intercompany Audit reports are considered important consolidation tools and are used by Group Controllers to locate and review all intercompany transactions in a given period. One key functionality in this type of report will find internal transactions that have taken place between subsidiaries during the month. This includes sales, purchases, payables and receivables. The report also displays both the due-to and due-from parties in a transaction. You will find an example of this type of report below.

Purpose of Intercompany Audit Reports

Companies and organizations use Intercompany Audit Reports to quickly get a list of intercompany activity in any given period. When used as part of good business practices in a Finance & Accounting Department, a company can improve its consolidation process and speed, as well as, reduce the risk that transactions are not correctly eliminated.

Intercompany Audit Report Example

Here is an example of an Intercompany Transaction Audit Report.

Intercompany Transaction Audit Report Example

Intercompany Transaction Audit Report Example

You can find hundreds of additional examples here.

Who Uses This Type of Report?

The typical users of this type of report are: Group Controllers and Accountants.

Other Reports Often Used in Conjunction with Intercompany Audit Reports

Progressive Finance & Accounting Departments sometimes use several different Intercompany Audit Reports, along with intercompany elimination forms and reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Retained Earnings Rate Calculation Report Example

What is a Retained Earnings Rate Calculation Report?

Retained Earnings Rate Reports are considered month end consolidation tools for multi-nationals and are used by Group Controllers to determine the average exchange rate for roll forward Retained Earnings. Some of the key functionality in this type of report calculates the required currency translation rate for the Retained Earnings (RE) opening balance at the beginning of the new fiscal year. It lists all periods of the year down the rows for both RE adjustments and Net Income (NI). It starts with RE opening balances and ends with RE ending balance. Local and reporting currency is listed for each foreign subsidiary across the columns. Finally, the Weighted Average Exchange Rate is displayed in the upper right corner for each location. You will find an example of this type of report below.

Purpose of Retained Earnings Rate Reports

Companies and organizations use Retained Earnings Rate Reports to automatically calculate the Average Exchange Rate for the Retained Earnings to carry forward. When used as part of good business practices in a Finance & Accounting Department, a company can improve its consolidation process, as well as, reduce the risk of having incorrect financial reports.

Retained Earnings Rate Report Example

Here is an example of a Retained Earnings Rate Calculation Report.

Retained Earnings Rate Calculation Report Example

Retained Earnings Rate Calculation Report Example

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Group Controllers and Accountants.

Other Reports Often Used in Conjunction with Retained Earnings Rate Reports

Progressive Finance & Accounting Departments sometimes use several different Retained Earnings Rate Reports, along with balance sheet and profit & loss reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Profit & Loss with Currency Analysis Example

What is a Profit & Loss with Currency Analysis?

Profit & Loss Currency Reports are considered multi-national analysis tools and are used by CFOs and Group Managers to analyze financial results for a subsidiary reporting in a foreign currency. A key functionality in this type of report will display local (functional) and reporting currency amounts side by side. The columns include both monthly and Year-to-Date figures. You will find an example of this type of report below.

Purpose of Profit & Loss Currency Analysis Reports

Companies and organizations use Profit & Loss Currency Analysis Reports to enable managers from Corporate HQ to easily discuss financial results with their foreign subsidiaries. When used as part of good business practices in a Finance & Accounting Department, a company can improve its analysis of international locations, as well as, reduce the risk of finding oversights while reviewing results from foreign offices.

Profit & Loss Currency Analysis Report Example

Here is an example of a Profit & Loss Currency Analysis report.

Profit & Loss with Currency Analysis Example

Profit & Loss with Currency Analysis Example

You can find hundreds of additional examples here.

Who Uses This Type of Report?

The typical users of this type of report are: CFOs and Group Managers.

Other Reports Often Used in Conjunction with Profit & Loss Currency Analysis Reports

Progressive Finance & Accounting Departments sometimes use several different Profit & Loss Currency Analysis Reports, along with balance sheets, cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Profit & Loss with Exchange Rate Analysis Report Example

What is a Profit & Loss Report with Exchange Rate Analysis?

Profit & Loss Currency Reports are considered month end consolidation tools and are used by CFOs and Group Managers to determine the impact of actual versus budget exchange rates on results. A key functionality in this type of financial report automatically re-calculates the Budget to use the same rate as the Actual data. Managers can directly compare the regular budget variance (at the budget rate) with the recalculated budget (at the actual rate). Managers can then see how much of their actual to budget variance was purely because of differences in exchange rates, and how much was actually due to the company’s performance. You will find an example of this type of financial report below.

Purpose of Profit & Loss Currency Analysis Reports

Companies and organizations use Profit & Loss Currency Analysis Reports to easily determine true subsidiary performance versus good (or bad) luck with actual versus budget exchange rates. When used as part of good business practices in a Finance & Accounting Department, a company can improve its ability to see true performance issues versus results caused by external forces such as exchange rates. A company can also reduce the risk that important problems go undetected.

Profit & Loss Currency Analysis Report Example

Here is an example of a Profit & Loss Currency Analysis report.

Profit & Loss with Exchange Rate Analysis Report Example

Profit & Loss with Exchange Rate Analysis Report Example

You can find hundreds of additional examples here.

Who Uses This Type of Financial Report?

The typical users of this type of financial report are: CFOs and Group Managers.

Other Financial Reports Often Used in Conjunction with Profit & Loss Currency Analysis Reports

Progressive Finance & Accounting Departments sometimes use several different Profit & Loss Currency Analysis Reports, along with balance sheets, cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Trial Balance with Currency Analysis Example

What is a Trial Balance with Currency Analysis?

Trial Balance Currency Reports are considered month end control tools and are used by Group Controllers to see subsidiary balances before and after currency conversion. Key functionality in this type of trial balance report will display local (functional) and reporting currency amounts side by side. The report also displays a currency translation adjustment (CTA) due to differences in month-end average vs. month-end closing exchange rates. You will find an example of this type of trial balance report below.

Purpose of Trial Balance Currency Reports

Companies and organizations use Trial Balance Currency Reports to make it easy for their accounting staff to review subsidiary trial balance data being reported in a foreign currency. When used as part of good business practices in a Finance & Accounting Department, a company can improve its month-end consolidation process, as well as, reduce the risk of finding errors or exchange rate issues in data reported from foreign subsidiaries.

Trial Balance Currency Report Example

Here is an example of a Trial Balance Currency Analysis report.

Trial Balance with Currency Analysis Example

Trial Balance with Currency Analysis Example

You can find hundreds of additional examples here.

Who Uses This Type of Trial Balance Report?

The typical users of this type of trial balance report are: Controllers and Accountants.

Other Trial Balance Reports Often Used in Conjunction with Trial Balance Currency Reports

Progressive Finance & Accounting Departments sometimes use several different Trial Balance Currency Reports, along with profit & loss, balance sheet reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Intercompany Matching Report Example

What is a Intercompany Matching Report?

Intercompany Matching reports are considered important month-end close tools for multi-company enterprises and are used by Group Controllers to find and match transactions between subsidiaries. A key functionality in this type of consolidation report automatically finds and displays due-to and due-from transactions. The matching transactions from each company are displayed on the same row and the variance column makes it easy for the controller to see if there is or is not a perfect match. You will find an example of this type of consolidation report below.

Purpose of Intercompany Matching Reports

Companies and organizations use Intercompany Matching Reports to save time and effort in the month-end close process. The more subsidiaries and internal transactions there are, the more important this type of report is to the accounting team. When used as part of good business practices in a Finance & Accounting Department, a company can improve its month-end consolidation process and speed, as well as, reduce the risk of mistakes that causes erroneous financial statements.

Intercompany Matching Report Example

Here is an example of an Intercompany Report that automatically matches sales, purchases, payables and receivables.

Intercompany Matching Report Example

Intercompany Matching Report Example

You can find hundreds of additional examples here.

Who Uses This Type of Consolidation Report?

The typical users of this type of consolidation report are: Controllers and Accountants.

Other Consolidation Reports Often Used in Conjunction with Intercompany Matching Reports

Progressive Finance & Accounting Departments sometimes use several different Intercompany Matching Reports, along with consolidated profit & loss, balance sheet and cash flow reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Consolidating Trial Balance Example

What is a Consolidating Trial Balance?

Consolidating Trial Balance Reports are considered essential control tools and are used by Group Controllers to ensure that the financial transactions supplied from subsidiaries are in balance. A key functionality in this type of consolidation report  lists all financial accounts down the rows with a total that should be zero if everything is correct. Each subsidiary is listed in the columns along with a grand total. The report can be run by each division for their own sub-consolidation as well as for the corporate HQ for its divisions. Drill-down is important so that the controller can easily explore underlying transactions when needed. You will find an example of this type of consolidation report below.

Purpose of Consolidating Trial Balance Reports

Companies and organizations use Consolidating Trial Balance Reports to ensure that all subsidiary data is in balance before the rest of the consolidation process continues. When used as part of good business practices in a Finance & Accounting Department, a company can improve its ability to catch problems and improve the closing process, as well as, mitigate the risk that out-of-balance subsidiary data will slow down the time to deliver consolidated financials.

Consolidating Trial Balance Report Example

Here is an example of a Consolidating Trial Balance report.

Consolidating Trial Balance Example

Consolidating Trial Balance Example

You can find hundreds of additional examples here.

Who Uses This Type of Consolidation Report?

The typical users of this type of consolidation report are: Controllers and Accountants.

Other Consolidation Reports Often Used in Conjunction with Consolidating Trial Balance Reports

Progressive Finance & Accounting Departments sometimes use several different Consolidating Trial Balance Reports, along with intercompany reports, profit & loss, balance sheet and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples