Consolidation software

A consolidated liquidity overview in just a few clicks

Map out groups with several hierarchies - ideal for holding structures

Control who has access to what - per company and per group

See the liquidity of your companies / bank accounts over the coming months

Produce simple consolidated reports at the push of a button

Consolidated cash flow planning is the backbone of cash flow management and analysis within a multi-level corporate structure. By capturing the cash flows of the individual group entities and bringing them together according to uniform standards, an overall view of the financial movements within a group emerges.

This makes complete, consolidated reporting possible, which considerably simplifies the monitoring of financial transactions across the connected companies.

These reports provide a holistic overview of the cash flows within a group of companies, taking incoming and outgoing payments into account. Bringing the cash flows of every company together in a single piece of consolidation software delivers a complete picture of the financial movements.

Consolidated liquidity analyses cover the current financial status as well as projections of future liquidity developments, based on different data sources. System-generated status reports are available directly from the consolidation software to safeguard data integrity.

As a rule, these analyses are planning, forecasting and cash flow management activities. To that end the payment flows from operating activities as well as from investing and financing activities are evaluated.

Running a group of companies confronts managing directors with a complex task when it comes to liquidity management. They have to monitor and plan the financial flows not of one company but of several interconnected ones. In such a scenario, consolidated data becomes the basis on which business decisions can be made. Consolidating financial data makes an important contribution to the economic health and strategic direction of a group. It does so by enabling a single view of liquidity and financial performance across the different levels of the hierarchy. One of the main advantages of consolidated data is that it makes it possible to meet regulatory requirements and to guarantee proper bookkeeping.

Thanks to the consolidation software, a realistic picture of the assets, finances and earnings of the entire group is produced, undistorted by internal transactions. This data forms the basis for well-founded decisions on staff, acquisitions and projects and makes it possible to assess the financial effects of operational measures. Duplicate entries are avoided on top of that, and a clear overview of the financial performance of every subsidiary becomes possible. That matters in particular for investment planning and the allocation of resources.

The financial consolidation software from COMMITLY is a central data basis for every entity. It comes with robust mechanisms for planning and for processing reports directly, which is what liquidity management across several business units requires.

Intelligent consolidation software not only makes it easier to spot potential bottlenecks early, it also simplifies the integration of the systems and banks involved.

Automated processes reduce manual effort considerably. This leads to consolidated financial statements being prepared more efficiently and without errors.

Beyond that, the customisation options and individual settings of the consolidation software allow tailor-made financial analysis. Additional filter systems give companies a comprehensive overview of their financial situation and thus a well-founded basis for decisions.

Integrating and visualising every bank account and every liquidity development of the companies in a single piece of consolidation software offers clear advantages for cash flow management at management level. At the same time, having consolidated data available immediately opens up new possibilities. Strategies such as cash pooling become simpler because they rest on clear and precise information.

A complete overview of the financial situation not only supports internal control, it also strengthens the confidence investors and lenders place in the financial stability and professionalism of the company. Because the data is updated automatically in real time, the risk of human error is reduced and the software offers a reliable basis for financial projections. On top of that, a clear visualisation and preview of cash flows and account balances within the consolidation software helps to spot overlaps as well as potential in the payment flows.

The consolidation tool from COMMITLY turns complex corporate networks into a manageable, comprehensible structure. This visual preparation adds considerable value and makes complex, confusing financial situations far easier to understand. For groups, which are often characterised by a multitude of subsidiaries of different legal forms and in different geographical locations, the hierarchy creates a clear overview of who belongs where and of how the individual entities relate to one another.

Placing the subsidiaries into their respective group or level makes targeted analysis and management of the financial flows possible. Visualising and managing hierarchies and teams within the consolidation software also makes it easier to comply with various standards and additionally serves as the basis for producing meaningful financial reports.

Interested? Then test our consolidation software free of charge now.