FastClose empowers CFOs by streamlining financial consolidation processes.
This innovative platform enhances decision-making efficiency, enabling teams to focus on strategic insights rather than manual tasks, driving business growth and success.
Our clients have experienced remarkable transformations in their financial consolidation practices through FastClose, enhancing their efficiency, decision-making capabilities, and overall strategic insight.
Beyond financial consolidation in the AI era
The FastClose solution already holds the group chart of accounts, account mapping, ownership percentages, intercompany relationships and exchange rates required to consolidate actuals. Planning leverages those same structures. A forecast period is treated as a period that has not happened yet and is passed through the same consolidation logic.
- Every entity in one view, whatever its ERP, accounting system or spreadsheet
- NPAE and TFRS for PAEs aligned on one consistent group basis
- Eliminations, ownership changes and minority interests built into the structure
- Driven by current books, not audit-prepared numbers
- Every group figure traceable to its entity and account
- Bank, operational and market data alongside the financials
The financial statement services are scope-aware: pass a subsidiary and they return that subsidiary; pass the holding company and they return the consolidated group. Planning inherits this. The calculation engine is identical at both levels - only the scope changes. That means a group can plan in either direction, or both.
Financial ratios alone are of little use to the person who actually runs a hotel or a hospital.
A general manager does not plan "revenue growth"; they plan rooms, rates and events.
The FastClose Solution carries operational measures alongside the ledger, so each business plans in the units it controls and finance receives a statement.
Because the forecast is built on consolidated structures, it can be pointed at the questions a group actually has to answer without rebuilding it each time.
CFO Advisory Services
