Corporate Consolidation

Mondelio Consolidation carries out consolidations and aggregations of any size and complexity with complete accuracy at extraordinary speed.

Corporate Consolidation can access data from multiple accounting, ERP and operational systems, convert them to a single account structure and a common currency, and consolidate through multiple levels to provide comprehensive reports at any predefined level. This solution handles part ownership, complex interlinked ownership structures, and elimination of inter-company and intra-company charges and revenues. Allocations based on fixed or variable proportions are carried out automatically and circular allocations are handled with ease together with dividend imputation and complex taxation effects.

This integrated solution aggregates quantity and money amounts through any number of levels and dimensions, recalculates all ratios, weighted average prices/unit costs and percentages correctly at all levels of aggregation. The consolidation structure can be easily changed at any time, with addition and deletion of entities, levels, or proportions and movement of entities within the aggregation hierarchy. Multiple scenarios, with different structural information or ownership proportions can be rapidly consolidated and compared.

LexisNexis Asia-Pacific, a leading multi-national publishing organisation, has implemented this solution. Anton Colenbrander, Regional Business Systems Manager, is an extensive user of the solution and said, "We needed a better way to consolidate information across all parts of the business.  We have extended the boundaries of what we thought it was going to cover and have brought in lots of other areas."

Mondelio Consolidation is an integral part of the CPM solution and is a proven, flexible, powerful and cost effective alternative to single function consolidation software offered by other vendors.