Budget

Mastering the art of consolidated financial statements

  • When considering financial planning and consolidation, there is a choice between using spreadsheets or financial software. Spreadsheets are easy to use and suitable for small consolidations, but may not be suitable for large consolidation groups and can be time-consuming. Financial software can make the financial reporting process faster and more effective, but may not be effective if used only once a year or if the additional value is not seen.