Financial consolidation

Intelligent solutions for financial consolidation

Centralize consolidation across entities and currencies, enhancing the accuracy and auditability of your financial results.

Financial Consolidation dashboard Month-end workflow diagram, regional tasks with status indicators, and links to manage ownership and exchange rates.

Anaplan Financial Consolidation application

The Anaplan Financial Consolidation application is out-of-the-box, scales with your business, and is finance-owned — no IT required.

Financial performance dashboard displaying KPIs and charts for current ratio, debt to equity, ROA, ROE, cash flow, and gross profit by entity.

“Before, we were just plugging in numbers. Now, with Anaplan, I can tell you exactly where my currency translations occur, at what month they occurred in, and which entity that caused that change. My statements can print in any currency at any level for any month, quarter or YTD including full balance sheet, income statement, cash flow and EBITDA calculation.”

 

Terry Skebba, CFO, ConForms

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FAQs

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Financial consolidation combines a parent company and its subsidiaries into one set of financial statements, enabling accurate assessment of the whole group's financial performance and health.

Financial consolidation software helps organizations consolidate faster and reduce errors by automating eliminations, currency translation, ownership changes, and controls, providing a reliable, auditable view of consolidated actuals.

The best financial consolidation solutions can handle multi-entity, multi-currency, and intercompany accounting needs — with audit trails, strong controls, and scale. The Financial Consolidation application from Anaplan delivers all of the above.

The Anaplan Financial Consolidation application is intuitive and finance-owned with no coding knowledge needed. This means IT is not required for maintenance or changes to the system.

Yes, complexity is our bread and butter. Anaplan supports complex ownership, intercompany eliminations, noncontrolling interests, currency translation, instant cash flow statements, and more — backed by robust controls and auditability.

Anaplan connects to your ERPs, general ledgers, and financial and operational systems across subsidiaries and regions using APIs, Anaplan Data Orchestrator, and more — enabling governed, bi-directional data flows across your actuals, plans, and reports.

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