Perspectives

Deloitte Consolidation & Close

Transform your financial consolidation and close

Deloitte Consolidation & Close is an out of the box, rapid, and fixed scope service to transform the financial close, consolidation and reporting processes within your organisation.

It is based upon our experience of transforming financial close, consolidation and reporting processes for some of the biggest companies. It is powered by Oracle's Financial Consolidation & Close Cloud Service (FCCS).

Deloitte Consolidation & Close is pre-configured to enable you to meet global reporting requirements and gives you greater visibility into your data collection, consolidation and reporting activities.

Deloitte Consolidation & Close has the following features:

  • Currency translations and foreign exchange adjustments calculations
  • Intercompany matching and eliminations
  • Predefined dimensions with built-in financial intelligence and consolidation logic
  • Journal adjustments with approval workflow
  • Support for multi Generally Accepted Accounting Principles (GAAP)
  • Financial key performance indicator and ratio analysis
  • Cash flow reporting
  • Supplemental data collection schedules
  • Close calendar with task management and workflow

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