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Consolidation

We help you deal efficiently with any legal, business, and technical requirements on your consolidation processes

The increasing globalization of financial markets and resulting fluctuations represent a great challenge for companies. The constantly changing business, legal, and technical framework conditions require fast and in part also complex measures for adapting the group structure, consolidation, and management. Systematic and customized support is especially helpful for complex capital consolidation activities, such as mergers or first-time consolidations, and for ensuring the deadlines for period-end closings and financial statements. This is the only way to serve markets adequately and timely, comply with national and international commercial law, take account of industry-specific conditions, and optimize internal processes.

For many years, ConVista has been supporting well-known national and international companies in the different areas of group consolidation, group management, and internal and external reporting. We take into account all applicable regulations under the German Commercial Code (HGB), IFRS, and other legal requirements regarding specific lines of business (key word: Solvency II). Apart from the design and definition of all relevant consolidated financial statement processes, we provide support with choosing and implementing suitable consolidation and reporting solutions. We consider the process from end to end, from data provision to group reporting. Apart from the profound knowledge of various solutions, the practical experience of the ConVista employees with consolidated financial statements contributes to the high quality of the implementation and realization. All of this will lead to long-term customer relationships and optimum results.

ConVista has many years of experience with the implementation of consolidation software of the vendors SAP and Tagetik. As part of a software selection process we identify for our customers the most suitable software solution.


Stanislav Zunjic

+381 11 3287 083