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Tata Steel’s net up 139% at Rs 9,598 cr

CFO News Room

The company’s consolidated net profit surged 139% year-on-year to Rs 9,598 crore on the back of improved realisations, as steel prices continued their upward trajectory. While the steel production remained flat on a y-o-y basis at 7.76 Tata Steel’s India operations reported a 4% y-o-y increase in crude steel production to 4.81

Economics 130
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When consolidating multiple P&Ls breaks your spreadsheets

Centage

In the detail-oriented world of finance, where precision and foresight are paramount, financial professionals often grapple with the daunting task of consolidating multiple Profit & Loss statements (P&Ls). As companies grow and diversify, the challenges in managing and consolidating multiple P&L statements become more pronounced.

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How to streamline multi-location healthcare FP&A

Centage

Companies offering services like LASIK eye surgeries, orthopedic treatments, or specialized surgical procedures are increasingly feeling the weight of FP&A challenges associated with operating in multiple locations or consolidating multiple P&Ls. To counter this, it’s important to embrace the possibilities of automation.

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Grow Your Restaurant Chain With The Right Accounting Solution

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Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. Instead of consolidations taking days, you can complete consolidations in minutes and automate inter-entity eliminations.

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Bulent Semovski, Financial Director, Ramboll Americas

Generation CFO

Consolidating the financial systems used by both Ramboll & O’Brien & Gere was a much more complicated process than anticipated: O’Brien & Gere were using Oracle for several business functions, not just finance, so the resulting database was huge. “We It wasn’t just transactions and reporting – it was much more than that.

Finance 187
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Multi-entity financial management: How to ensure accurate reporting

Centage

One of the biggest challenges lies in streamlining management to ensure accurate financial reporting across multiple entities, locations, offices, or profit/cost centers. Our product offers significant cost-saving benefits and enhanced productivity by eliminating errors and freeing up resources for strategic projects.

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Sage Intacct: Powerful Accounting for Multi-Entity Businesses

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It is a highly effective tool that gives financial teams a bird’s eye view of multiple business locations, working to streamline and consolidate data across accounts. Ultimately, Sage Intacct software is capable of consolidating data for hundreds of entities within minutes, boosting productivity by more than 50%.