Consolidation is where a group close is won or lost. Eliminations, intercompany matching and currency translation are the steps that stretch the timetable and absorb the review effort - and they are usually the last part of the close still being done off-system. This series covers the signs a group has outgrown spreadsheet consolidation, what a realistic group close timetable looks like, and the order to fix things in: process foundations first, tooling second.
For the numbers these pieces are measured against, see the finance function benchmarks - days to close, cost of finance and finance headcount, every figure sourced.
In this series
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