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  Empower your finance team with a powerful, automated solution for faster, compliant, and auditable financial consolidation across entities. In an increasingly complex financial landscape, enterprises face growing pressure to deliver consolidated financial statements that are not just accurate but also fast, transparent, and compliant. Manual efforts, fragmented systems, and repeated reconciliations continue to delay outcomes and increase operational risk. This is where IBM's Financial Consolidation solution proves transformative. Built to meet the evolving needs of modern finance teams, IBM's solution streamlines the end-to-end financial consolidation process , enabling CFOs and controllers to reduce errors, enhance visibility, and accelerate reporting timelines, without compromising governance. Automate Complex Consolidation Tasks Consolidating financial data from multiple entities, geographies, and currencies involves countless manual entries, intercompany eliminations, an...

  Managing the financial consolidation process across multiple entities, currencies, and systems can often feel like navigating chaos. Manual work, fragmented data, and time-consuming reconciliations slow down the close cycle and increase the risk of errors. That’s why many organizations today are choosing to automate financial consolidation —bringing structure, accuracy, and speed to an otherwise complex task. Let’s explore how financial consolidation automation is reshaping modern finance functions and enabling future-ready organizations. 1. Faster Close Cycles with EPM Automation Manual consolidation can stretch the month-end or quarter-end closing timeline by days or even weeks. With EPM automation , companies can dramatically shorten the cycle. Data flows automatically from ERP and other source systems, calculations are standardized, and consolidation happens in real time—no more delays caused by disconnected spreadsheets or version control issues. 2. Accuracy and Consis...