Group Statutory and Management Reporting

In these times of corporate uncertainty, faster, more accurate and transparent financial reporting is a must. Finance needs to close the books more quickly, report financials with confidence and meet an ever growing demand for management reporting information.

Concentric Solutions offers a number of packaged software solutions for group financial consolidation and reporting. These range from Hyperion Enterprise for small and mid-sized companies to Hyperion Financial Management and Tagetik CPM for larger organizations. All provide built-in processes to help customers meet the strictest of reporting and compliance requirements.

Our solutions deliver reports with complete financial integrity ensuring a single version of the truth. They address the typical challenges of multi-currency, multi-GAAP consolidations, intercompany eliminations and accounting for proportional holdings. Acquisitions and disposals can be handled with ease and models aligned quickly with changes to the business.

Concentric understands that the reporting needs for an executive differ from that of operational managers and analysts. Our solutions address these needs accordingly with a range of output formats supported. With the introduction of XBRL reporting standards, our senior staff can advise on compliant reporting solutions and implementation of XBRL in your organisation.

Most customers utilise Microsoft Excel in parts of their consolidation and reporting process. Our solutions allow you to remove the risks and disadvantages of excel, whilst still providing dynamic reporting capabilities through direct links with the Microsoft Office suite.

Contact us now to learn how our customers streamline their closing cycles, minimize internal control risks and reduce the cost of audit and compliance with technology from Oracle Hyperion and Tagetik.