FLEXSYSTEM SUPERIOR PRODUCTS

FLEXSYSTEM CONSOLIDATION

FlexSystem Consolidation System (“FCS”) is professionally designed to comply with national and international regulations for any MNC with having lot of controlling subsidiaries and non-controlling interests across continents and currencies.

BENEFITS

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Capability to collect data from disparate systems’ Trial Balance, Transactions or Reports

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Shorten the entire consolidation cycle with more secured accuracy

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Flexible mapping sets and rules for Intercompany eliminations, foreign currency translations

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Rapid transaction data aggregation and transformation by our technology

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Capability in foreign currency exchange and currency translation adjustment

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 Drill-down into Consolidation Process and Results,

enables users to detailed data source tracking

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Risk and error-reducing benefitted from the automated consolidation process

COMPREHENSIVE FEATURES

FLEX

CONSOLIDATION

FEATURES

  • Implements comprehensive consolidation and equity method of accounting
  • Provides rich and detailed system log for supporting IFRS & GAAP Compliance
  • Handles multiple exchange rates
  • Consolidates multi-level sub-groups
  • Caters different Charts of Accounts
  • Adapts different financial periods
  • Eliminates inter-company transactions
  • Transforms data from different sources in different formats and natures, e.g. transactions, trial balance and reports
  • Validates files and data to prevent problems from upstream
  • Equipped with audit trail and checking tools