Remove Currencies Remove IFRS Remove Numbers Remove Reconciliations
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Relieving the Pain of Year-End Close and Reporting

Planful

Half of the time the numbers were unreadable, so we had to confirm them via phone. Then we would key the numbers into a spreadsheet and perform the currency translations there. (I Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. It’s More Than Just Rolling-Up Numbers.

IFRS 40
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Moving Financial Consolidation and Reporting to the Cloud – Webinar Recap

Planful

You’re expanding internationally, which often brings new complexities, such as currency conversions and intercompany eliminations across multiple divisions and subsidiaries. Consolidating financial results might sound easy on the surface, but it’s more than just adding up numbers. Intercompany reconciliations.

GAAP 40