Adaptive Consolidation

Description:

Adaptive Consolidation is cloud-based financial consolidation software built on Adaptive interface. Based on simple and intuitive rule definition, allocations are performed, inter-company elimination generated. Financial consolidation software enables users to drill down to explore details of consolidated figures.

Inter-company elimination:

Need Rules to be assigned to inter-company accounts. Elimination is not a default process.

Ownership Management:

 Entity ownership can only be defined on percent owned.

Data drill down:

Allows drill down of data from top of hierarchy to the source file in a single system environment.
Security Management:

Security is managed within each individual application.

Journal Entries:

Easy to manage Journal entry module which can be used by all units but does not allow unbalanced entries.

Financial Calculations:

Has the provision of rule manager to create web based rules for various accounts. This provides lesser flexibility in writing rules but better user interface.

Data Allocations:

 The product includes a separate allocation Manager. This separate modules help to perform complex allocations.

Planning Capabilities:

Can be integrated with Adaptive Planning.

Reporting:

Supported by Financial Reporting software for Management and Business Reporting which includes drag and drop features.

Application Architecture:

Adaptive Consolidation is cloud based. Application architecture is not available from the published artifacts.

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Techthinkerslab Staff