Consolidations
Breakaway delivers consolidation solutions that automate and streamline the financial close across multiple entities, currencies, and reporting structures, replacing manual and spreadsheet-intensive processes with a centralized, controlled approach. Our solutions improve accuracy, transparency, and efficiency while providing the flexibility required to support evolving financial and management reporting requirements.
Financial Consolidation
Simplify complex consolidation processes by bringing financial data from multiple entities and source systems into a unified, controlled environment. Automate consolidation activities, adjustments, and calculations to reduce manual effort, improve accuracy, and accelerate the financial close.
- Automated Financial Consolidation
- Multi-Entity & Multi-Level Consolidation
- Consolidating Entries & Adjustments
- Multiple Reporting Hierarchies
- Automated Data Collection & Validation
- Financial Close Management
- Audit Trails & Controls
Currency Translation
Manage consolidation across multiple currencies with consistent and controlled currency translation processes. Apply appropriate exchange rates across financial accounts while providing visibility into the impact of currency movements on consolidated results.
- Multi-Currency Consolidation
- Automated Currency Translation
- Average & Closing Exchange Rates
- Historical Exchange Rates
- Currency Translation Adjustments
- Constant Currency Analysis
- Local & Reporting Currency Views
Intercompany Eliminations
Streamline the identification, reconciliation, and elimination of intercompany activity across entities. Automated processes improve visibility into intercompany balances, reduce reconciliation effort, and help ensure eliminations are consistently reflected in consolidated financial results.
- Intercompany Matching & Reconciliation
- Automated Intercompany Eliminations
- Intercompany Balance Management
- Elimination Entries & Adjustments
- Exception Identification & Resolution
- Intercompany Reporting
- Auditability & Control
Financial & Management Reporting
Connect consolidated financial results directly to internal and external reporting requirements. Flexible reporting structures provide stakeholders with timely access to consistent, trusted information while reducing reliance on manually prepared spreadsheets and reporting packages.
- Consolidated Financial Statements
- Income Statement, Balance Sheet & Cash Flow
- Management Reporting
- Statutory & External Reporting
- Multiple Reporting Hierarchies
- Variance & Comparative Analysis
- Financial Reporting Packages