Assist strategy and growth dynamics thanks to reliable reporting
Context
In order to support its strategy and its growth dynamic, the 5Ã sec group wishes to develop its information system on several functional parts : consolidation, financial reporting, BI and business reporting.
With its 19 subsidiaries, the group was looking for a solution capable of carrying out both its quarterly statutory consolidation (under IFRS / French GAAP) and its monthly financial reporting.
Benefits
- To save time in the consolidation process, in particular by allowing the subidiaries to manage their intra-group data reconciliation in real time
- Enhance reliability of the data
- Have an unified solution by statutory consolidation (in the standards CRC99-02 and IFRS) and of management reporting
- Concentrate on the analysis and the piloting rather than on the production of figures
Subsidiaries: 19
Our previous solution was no longer suitable because it did not ensure reporting data reliability. We therefore decided to adopt a recognized and stabilized solution.