Developers: | SAP SE |
Technology: | Registration systems |
SAP Financial Consolidation (FC) is a web-based application specifically designed to automate, unify, and protect mandatory consolidation and management reporting at the enterprise level. With a complete set of enterprise-class consolidation-oriented features, SAP Financial Consolidation enables compliance with global and local regulatory requirements and simplifies compliance across complex corporate group structures. The product interacts with several heterogeneous source systems and automates the processes of intra-company reconciliation and elimination (intercompany reconciliation and elimination), currency transfer, segment reporting.[1]