Financial Consolidation and Advanced Reporting

Drastically Reduce Time & Avoid Costly Errors When Reporting

Management reporting in Excel can be a painstaking process. In this webinar, we will look at ways to drastically reduce time and avoid costly errors when reporting.

Please join us as Macola and LucaNet demonstrate how organizations with operations in multiple national and international organizations can consolidate all of their financial and statistical information more quickly and easily.

This results in comprehensive and reliable insight into all results from across the entire organization, in turn increasing the accuracy and speed of financial forecasting. With Advanced Financial Reporting - Powered by LucaNet, you can create a uniform chart of accounts and homogenize GL conventions based on multiple Macola GBKMUT tables, and other Excel-based entities.

Cost centers, cost units, and multiple other dimensions all get synchronized, without sacrificing visibility to the original transaction level detail. Advanced Financial Reporting utilizes an integrated data model and financial logic to automatically calculate and forecast cash flow. Reports, customized to your company’s expectations, are generated rapidly with real-time information.

Additional topics in this webinar include:

Viewing all statistical data, such as HR and customer information
Automatically detecting inter-company transactions, based on subledgers within Macola
Seamlessly converting currencies, while automatically calculating the cumulative translation adjustment for added convenience
Advanced Financial Reporting makes it easier than ever before to create budgets and rolling forecasts through the combination of actual reported data and integrated financial planning tools, directly in one system