CLOUD CONSOLIDATION FOR SAP ANALYTICS CLOUD
InsightCubes Cloud Consolidation for SAP Analytics Cloud® is a comprehensive consolidation solution that runs natively on SAP Analytics Cloud®.
Cloud Consolidation Model
Detailed and scalable IFRS Consolidation using our custom Advanced formulas and widgets.
Natively automate the consolidation process on SAP Analytics Cloud by using our comprehensive and scalable Cloud Consolidation Extension. The solution is prebuilt with all the dashboards, workflows, logic and functionalities needed to automate the consolidation process; manage ownership across the group, specify the conversion rates, run currency conversion, run IFRS consolidation and enter journal adjustments, if needed.
INTERCOMPANY MATCHING MODEL
Providing self service reconciliation to subsidiaries for faster close
Speed up your intercompany reconciliation process from company close to prepare the group level financial reports. This model provides self-service reconciliation to subsidiaries for faster close, by matching their balances and showing differences
The Ownership model is a driving model for the Consolidation model
Create consolidation scopes and manage ownership structure between holding, the subsidiaries and affiliates within each scope and across the group
No programing is required to run the currency conversion
SAP Analytics Cloud does not provide detailed currency translation; the native currency translation considers closing and average, per account, but doesn’t allow translation of balance sheet movements. To extend the capabilities of SAC, a currency model is required to act as a driving model to the consolidation model, converting the financial statements for each company, per local currency, to the multiple reporting and group currencies The table lists all the directly and indirectly owned entities under the selected scope Meanwhile, the scope selection list shows the scopes and sub scopes, in addition to the directly owned entities u der each scope.
Extend your SAP Analytics Cloud with IFRS Consolidation
Know how you can replace SAP Group Reporting and SAP Business Planning and Consolidation with our Cloud Consolidation extension for SAP Analytics Cloud