Cape Town, South Africa – 24 August 2021 – IDU, a leading provider of Financial Budgeting, Reporting and Modelling solutions, today announced the release of their new Advanced Consolidations Solution.
Save time, improve control, and gain confidence in your results with IDU Advanced Consolidations.
The IDU Advanced Consolidations Module automates the consolidation of complex groups with multiple year ends, multiple currencies and multiple ERP systems with a slice and dice approach to reporting.
While retaining the structure, control and validation needed in a financial reporting tool, the module is designed to provide the flexibility required for our tool to work in your business, no matter the size or unique reporting requirements.
This new Cloud Module is easy to use and cost effective and integrates seamlessly with the IDU Budgeting, Forecasting and Reporting Modules, as well as with your underlying ERP solutions. The Advanced Consolidations Module reduces the reliance on spreadsheets and eliminates manual processes, allowing management to spend less time closing the books and more time analysing the numbers.
Kevin Phillips (CEO IDU) observes “When consolidation, budgeting, planning, modeling, and reporting connect to a single data set, an organisation can be sure they’re reporting and making decisions based on a single version of the truth using the most accurate information available to them”.
