In this live webinar, sponsored by Jedox and hosted by CPA Australia, you will learn to streamline financial consolidation and regulatory reporting processes to achieve faster, better and simpler consolidated
In this live webinar, sponsored by Jedox and hosted by CPA Australia, you will learn to streamline financial consolidation and regulatory reporting processes to achieve faster, better and simpler consolidated financial results.
The session will focus on clarifying questions and concerns of the finance teams:
- What is consolidation? Is it same as the aggregation of data?
- Why are finance teams switching to cloud platform from legacy solutions and Excel?
- What are the leading practices for designing consolidation processes?
- How to balance the need for governance with that of flexibility?
- What is the problem with manual processes?
- How does automation improve consolidation?
- How to reduce cycle time, improve accuracy, improve transparency, and reduce cost of consolidation?
- What are the advantages of having a unified platform for consolidation, planning and reporting?
- How to balance regulatory reporting requirements with internal reporting requirements?
Jedox, together with 3rd Rock, will share their experiences in helping organizations achieve a broad & unified view of performance across an entire group, reduce dependency on IT and improve the efficiency of the Finance team in preparing consolidated financial statements that meet international regulatory reporting requirements and needs of internal stakeholders.
You will hear about best-practices, ways to harmonize data models & business processes and see a practical application to align management consolidation and statutory reporting to increase transparency.
You will walk away from this session with inspiration to embark on your journey to simplify financial consolidation processes.
- How to achieve consistent and transparent group-wide financial reporting for internal and external stakeholders
- Gain a general understanding of challenges in a financial consolidation process
- Explore best practices to overcome challenges
- Understand how a unified CPM platform help to reduce cycle time, improve accuracy, improve transparency, and reduce the cost of consolidation
- Understand how to streamline data collection & validation and accelerate data preparation
(Wednesday) 12:00 - 13:00 AEST