How to Leverage Consolidation Functionality in Budgeting and Planning
Many companies use workarounds, but would benefit from robust consolidation capabilities. Learn the importance and value of consolidation functionality in enterprise budgeting and planning.
Financial consolidation functionality can play a key role in making corporate budgets more accurate, faster, and easier to create. If consolidation capabilities such as inter-company eliminations and alternate rollups are not available in their budgeting and planning solution, companies usually resort to work-around methods that can be tedious and promote errors.
Budgeting and planning applications with robust consolidation included are in the minority, but performance management activities of all types can benefit from the features typically found in a vendor’s consolidation offering. Download this white paper to learn:
- Six ways consolidation functionality benefits enterprise budgeting and planning
- How consolidation benefits the budgeting process
- Key benefits to consolidation and budgeting integrated into one system