NDC Financial Consolidation
Robust, fast, and flexible solution for legal financial consolidation, internal consolidation of actuals, and consolidation of plans. Utilise the open data model and rich consolidation rule engine to set up end-to-end consolidation process from data collection to reporting. Easy to learn user interface empowers the financial teams to setup and maintain the processes.
Why use NDC Financial Consolidation for your business?
Rich functionality
End-end support of the consolidation process, incl. advanced consolidation functions such as invoice-based intercompany elimination, ongoing scope changes, or custom FX rates.
All-in-one
Consolidation of actuals, budgets, plans, forecasts, and non-financial data (e.g., ESG) in one holistic solution.
Open integration
Open integration concept suitable for companies with mixed ERP landscape (SAP and non-SAP).
Easy to use
User-friendliness and no-code implementation and maintenance (requiring no coding or scripting skills). Flexible workflows and status reporting simplifying the management of each consolidation cycle.
Rich reporting
Seamless extension with reporting, planning, and analytics thanks to SAC seamless integration (user interface AND data integration).
Extensibility
An unlimited number of custom dimensions and data attributes (editable through the user interface).
Disclosures
Incorporation of detailed disclosures and notes, providing further details and explanations of the consolidated statements.
Explore how it works
An example of a user view on the whole consolidation process powered by NDC Financial Consolidation solution.
Overview
NDC Financial Consolidation offers end-to-end legal consolidation from data collection to reporting, supporting the close-to-disclose process. It also supports managerial consolidation and non-financial indicators (e.g., ESG reporting). The no-code interface allows financial teams to manage the tool independently from IT. It supports advanced consolidation needs like intercompany eliminations, journal adjustments, complex currency conversions, and scope changes, similar to SAP FC.
Migration from SAP FC and SAP BPC
NDC Financial Consolidation provides automated migration from SAP FC and SAP BPC, making it ideal for current users seeking hassle-free cloud migration. This reduces implementation time (6-12 months) and replicates existing consolidation processes without major redesigns. Migration options also exist for SEM-BCS users, converting dimensions, data models, and consolidation rules. Built on SAP Business Technology Platform, it can function as a standalone tool or as an SAP Analytics Cloud extension, enhancing EPM capabilities for planning, forecasting, analysis, reporting, and consolidation.
Open data integration and data submission concept
The solution’s flexible design suits companies with mixed SAP and non-SAP ERP systems, both on-premise and cloud-based. Data submission options include automated interfaces, Excel imports/exports, and web input forms. These methods can be combined and tailored for each reporting unit to meet specific needs and capabilities. This open design philosophy ensures compatibility across diverse ERP landscapes, providing seamless integration and efficient data handling.
From data collection to reporting
Optimized Solution for every scenario
You have an extensive SAP and S/4 driven architecture and want to replace any outdated consolidation system and strive for a high integration?
You have multiple systems across your organization and strive for harmonization and standardization?
Stand-Alone You “just” need a consolidation tool and follow a best-of-breed IT architecture and allow many decentral decisions?
Discuss more with our expert
JAN RUBÁŠ
Planning & Consolidation Lead
Contact me via e-mail
Key benefits
Precision Complete coverage of currency conversions, eliminations, scope changes, NCI calculations and other consolidation operations
Managed by financial teams We empower financial users to set up, manage, and maintain the consolidation process through a simple user (no-code) interface.
Flexibility Multi-GAAP, multi-period and multi-scope consolidation support
Seamless M&A Integration Embedded scope changes and flexible data model