Planning & consolidation with SAP BPC

Planning

Axiante's Planning & Budgeting solution integrates the plans and budgets of different company functions of the Divisions and Cost Centres. A company's goals can be transformed into plans with a financial characteristic which are both concrete and able to be adapted according to market trends or any new strategic direction.
The starting point for an efficient management of a company's performance combines people, procedures and technology into an unending cycle of productive, global collaboration. The planning process highlights past, present and future performance and in so doing allows a firm's management to trace trends, spot opportunities and, not least, to influence future results.
The Planning & Budgeting solution combines economic, financial and asset planning such as strategic planning, forecasts, end of financial year processes, modelling, operative and directional reporting to Workflow processes.

Consolidation

"The consolidated report sets out the financial position and results of a group of companies seen as a single undertaking." Accounting Standard 17, CNDC.
The applications of consolidation involving Axiante integrate a set of pre-established feature of consolidation and financial reporting. By combining cpnsolidation application with solutions for Planning, Reporting and Analysis, Axiante can give a concrete response to the pressing needs of the CFO.
For the Corporate Controller, the integrity of data is crucial to automate the entire process of closure, from data collection to financial consolidation as well as the production of formal documents.
Our competence within the consolidation arena reduces the risks of the CFOs, provides higher quality and faster strategic decision-making processes throughout the organization. Greater visibility of financial performance facilitates external relations and regulatory compliance such as Sarbanes-Oxley IFRS.