Energy News / Corporate Financial Management Systems (CFMS)

Partner with Corporate Financial Management Systems to Effectively Streamline the Consolidation Process

Via: ReleaseWire

Updated 4:15 AM CDT, Tue, April 02,2019

Hertfordshire, UK -- (SBWIRE) -- 04/02/2019 -- Corporate Financial Management Systems is one of the most sought after financial performance solutions providers in the UK, offering high quality financial consolidation solutions that allow organisations to effectively streamline their financial processes, improve auditability, transparency and business value. With their financial consolidation solution, organisations can quickly and accurately collect, consolidate, and report using data from operating units around the globe, involving those with disparate general ledger systems, charts of accounts, and transactional systems.

Some of the key features of CFM Systems' financial consolidation solution are that users can write off or re-value investments easily, automate the calculations of depreciation and amortisation, and even create and compare unlimited scenarios such as actual data, budgets and potential forecasts. Customers can also manage multiple and customisable closing periods for the year, quarter or month, and work across different currencies with integrated conversion and exchange rate calculations. Users can also eliminate I/C mark-ups on inventory with ease and make journal entries at company and group levels.

CFM Systems' financial consolidation software also provides organisations with a complete audit trail on all consolidation steps, further allowing business owners to review changes and create standard financial reports based on their current data. Organisations looking for a reliable financial consolidation solution provider can contact CFM Systems directly through their website.

Speaking about their financial consolidation solution, a representative from CFM Solutions stated, "Financial consolidation allows you to decrease cycle time and improve accuracy by automating the loading, consolidation and validation of data from multiple organisational units. Because the data and changes are consolidated in a central, secure database, you instantly arrive at a single version of the truth not easily attained using spreadsheets."

For years, Corporate Financial Management Systems has been actively operating in the IT industry. So far, they had have the privilege to work with some of the world renowned brands like Vospers Motor House, Apex Hotels, Bourne Leisure, Alliance Trust, Ford and Slater, and many others. They have an outstanding team of professionals who go the extra mile to serve their clients with the best. Besides financial consolidation, they also offer solutions for budgeting, forecasting and planning; reporting and analysis; and data management.

About Corporate Financial Management Systems (CFMS)
Corporate Financial Management Systems (CFMS) empowers organisations with sophisticated applications for Business Intelligence, Corporate Performance Management, Financial Consolidation and Data Management. They are experts in helping organisations improve performance by getting more out of their data. Their team of technology professionals and business consultants specialise in delivering solutions that accelerates and improves decision making with extended reporting capability, optimises internal business processes, increases operational efficiency, and much more.

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Contact Details
Cranborne House, 10A Earl Street, Watford, Hertfordshire, WD17 2PD
Phone: 0208 959 0041

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Media Relations Contact
Corporate Financial Management Systems (CFMS)
0208 959 0041
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