Azdan financial consolidation provides unprecedented “close to disclose” capabilities that accelerate close time, maximize transparency and ensure compliance. contact us now to have a free demo access!

What is Azdan Financial Consolidation and Close solution?

Azdan financial consolidation and close solution is a cloud or on prem application that can dramatically reduce the time and cost you need to complete the periodic financial close and financial consolidation with all required automation of your inter-company eliminations and equity calculations with an advanced reporting and dashboards capabilities.

How can you overcome the financial consolidation stumbling blocks?

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  • Implement financial consolidation best practices
    Azdan business advisors apply scripting that are embedded with simple configuration selection to leverage built-in intercompany balance eliminations and complex ownership calculations according to the best practice and global standards.
  • Perfectly manage the extended close process
    Azdan consultants will give you instant visibility into the progress and status of the close process by incorporating all the data needed for the financial close with market-leading integration
  • Integrated and secure solution
    You will leverage strong compliance framework, including auditing, segregation of duties, and transparent calculations
  • Global Solution
    Get unparalleled visibility of your business worldwide in real-time ensuring timely, consistent and compliant management across the organization, locally and globally.
  • Implement financial consolidation best practices
    Azdan business advisors apply scripting that are embedded with simple configuration selection to leverage built-in intercompany balance eliminations and complex ownership calculations according to the best practice and global standards.
  • Perfectly manage the extended close process
    Azdan consultants will give you instant visibility into the progress and status of the close process by incorporating all the data needed for the financial close with market-leading integration
  • Integrated and secure solution
    You will leverage strong compliance framework, including auditing, segregation of duties, and transparent calculations
  • Upgradeable Framework
    Configure and extend the solution as required
  • Intercompany Eliminations
    Automatic default intercompany eliminations
  • Currency Translation
    Default currency translation along with automatic foreign exchange and currency translation adjustment
  • Automated Cash Flow Reporting
    Using movement hierarchies and bultin calculations with no need for additional calculations
  • Close Process Management
    Built in task orchestration and close management analysis

Run your global business with ease!

It is imperative that organizations have a consolidation and close solution that makes them more effective, efficient and is easy to manage. Azdan Financial Consolidation and close offers many compelling reasons for organizations to choose this solution for their close and consolidation processes.