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With real-time dashboards, embedded controls, and enhanced reports, the Consolidation Integrity Manager monitors every topside journal entry and ensures that late adjustments are never missed.
It also provides a full audit trail on all certification events.
To do that would take significant resources and someone in the corporate dictator role to make the change happen.
That could be possible with your organization – in most companies it is not.
Intacct produces a detailed journal entry report for every consolidation, giving you auditability.
Your financial statements are ready when you are, and closing the books has never been this effortless.
Our complete, unified, and easy-to-use out of box solution based on accounting, implementation and industry best practices will greatly streamline and accelerate your current close process and allow you to focus your precious time on analysis and organizational performance. Faster Close - move from preparing and waiting to analyzing!
This would put you in the position of either implementing a new system for your legal entity that supports consolidation from other systems, or implementing a consolidation tool that is separate from your ERP environment.
The separate consolidation tool category includes Adaptive Planning, a tool that is certainly very popular.
Intacct uses up-to-date exchange rates to create your currency conversions and revaluations.
It gives you instant access to information on currency gains and losses.