FESA Consolidation

Accounting Tool for Group Consolidation and Budgeting

 

FESA Consolidation provides automation and streamline of group consolidation and budgeting functions to meet financial regulatory requirements and to facilitate the reconciliation between differing standards. Moreover, it offers a high-speed platform that the entire consolidation process is totally automated, therefore dramatically improving efficiency whereas shortening the closing time.

 

Features

  • Automate entire consolidation process and eliminate processing time.
  • Support different types of data sources for consolidation, including transaction, voucher, trial balance and financial reports.
  • Support multiple exchange rate types, including opening rate, closing rate, average rate, historical rate and composite rate.
  • Automatic currency translation including the computation of exchange realignment for certain non-current assets and liabilities.

 

Know more how FESA Consolidation improves efficiency and performance now.