Tagetik CPM delivers consistent, multicurrency and multilevel consolidated financial and budget/forecast data for reporting, eliminating integration challenges, improving financial controls for regulatory compliance and enabling faster closing times and support for globalization.

Tagetik CPM main features:

• One solution for Management and Statutory Consolidation

• Definition per each entity to be consolidated of the consolidation type to adopt (proportional, equity, line by line, etc) per each consolidation scenario

• Consolidations according to different International Accounting standards (IFRS, local Gaap,…)

• Elaboration of currency conversions in the consolidation currency and calculation of the exchange rate difference

• Intercompany transaction management at the transactional level

• Web based cockpit for Reconciliation management

• Native support of the Adjustment Journal

• Segment reporting for IAS/IFRS requirements according to different aggregation criteria (Business Unit, geographic area,…)

» More details about the Financial Consolidation Process