The document discusses solutions for group consolidation and outlines key factors to consider for a consolidation project. It notes that most organizations currently use error-prone spreadsheets for planning and consolidations. A successful consolidation project requires defining the consolidation package and scope, understanding the consolidation structure and data import sources, and addressing consolidation specifics like currency conversion and internal eliminations. The document promotes the experience of MIBCON Group in delivering over 20 financial consolidation projects.

1. Solutions for group
consolidation

2. Consolidation processes

3. Current situation
3
Most organizations still use spreadsheets for Planning and Consolidations, but this
brings most common difficulties and complications:
 Desktop spreadsheets is
most commonly used
 Error Prone
 Inaccurate
 Out of date
 No security
 Disconnection and a lot of
offline data
 Technology is older than
most finance professionals
today

4. Consolidation process in general
4

5. Key factors of the consolidation project
 Consolidation package definition
 Specific tables and needed structures
 Consolidation package scope is defining project scope!!!
 Consolidation structure
 Number and structure of involved corporates
 Managerial vs. legal structure – group standards?
 Data imports and source systems (SAP vs. non-SAP systems)
 Consolidation specifics
 Currency rates (FX conversion)
 Internal elimination (investments, assets, shares, reserves …)
 Consolidation type (IFRS, CAS)
 Consolidation method (Full, Proportional, Equity, Option Contract / Profit Agreement)
 Consolidation outputs (P&L, Balance sheet, Cashflow?)
 Authomatized vs. Manual processes
 Internal team project involvement
 Internal consolidation consultant / specialist
 Analysis, testing and Documentation
 Internal methodology for consolidation process

6. MIBCON Group experience

7. Business references
7
Our planning and consolidation team
has realized following projects
focused on the financial consolidation
and disclosures.
Overall, we have delivered more than
20 project, where consolidation took
a part of project. Any other local SAP
partner in Czech market has not that
experience.

8. SAP Quality Awards
8
 SAP Business Planning and Consolidation (BPC)
 SAP Hybris Marketing (yM)
 SAP Analytics Cloud for BI a SAP Analytics Cloud for Planning
 SAP S/4HANA and SAP Commerce
Over the years 2010 – 2019, we supported and delivered to our customers 9 projects
awarded by SAP Quality Awards. In these projects, there were used following products: