PPN Solutions

REPLAN Simplifying Legal Consolidation & Reporting

  • Diverse Business Combinations.
  • Multi-Currency Translations and Reporting.
  • Intercompany Eliminations.
  • Non-controlling Interests.
  • Standalone and Consolidated Financial Reporting Statements.

REPLAN for Legal Consolidation & Reporting

REPLAN is a legal consolidation and reporting tool that streamlines financial management for businesses.

Some Interactive Features

Integration of Diverse Entities
It lets you combine the financial information of various legal entities within a corporate group. This process integrates the financial data of distinct business units, enabling a holistic view of the group's economic activities.
Multi-Currency Considerations
Make it easy to deal with transactions in different currencies for legal consolidation. It ensures uniformity in reporting, considering factors like exchange rates, functional currencies, and eliminating translation differences.
Intercompany Eliminations
Eliminate intercompany transactions in legal financial consolidation. To prevent duplication, it helps eliminate internal transactions, such as sales between subsidiaries, providing a more accurate portrayal of the group's financial position.
Recognition of Non-controlling Interests
Non-controlling interests (NCI) are identified, measured, and reported separately, reflecting the portion of equity not owned by the parent company. This helps in acknowledging the interest of minority shareholders in subsidiaries.
Compliance and Reporting
Legal financial consolidation ensures compliance with accounting standards and regulatory requirements. The process involves meticulous adherence to applicable laws and standards, leading to the preparation of consolidated financial statements for external reporting.
Holistic Financial Statements
Consolidated financial statements provide a comprehensive overview of the entire group's financial performance. By combining the financial results of all entities, consolidated statements offer stakeholders a complete understanding of the group's assets, liabilities, income, and expenses.

REPLAN - Legal Consolidation & Reporting Solution

Diverse Business Combinations

You can involve the integration of two or more entities to form a single economic entity including mergers, acquisitions, joint ventures, and strategic alliances are common forms of business combinations. It can diversify business combinations using applicable accounting standards, considering factors like goodwill, fair value assessments, and potential adjustments to assets and liabilities.

Multi-Currency Translations

You can translate financial statements of foreign entities to the reporting currency using appropriate exchange rates. It considers functional currency, historical rates for balance sheet items, and average rates for income statement items.

Intercompany Eliminations

REPLAN identifies and offsets double-counting transactions between group entities and offers accurate financial statements. Our system identifies and offsets reciprocal transactions, ensuring that only genuine external transactions affect your bottom line. You can eliminate intercompany revenue and expenses, intercompany loans, and unrealized profits with ease.

Non-Controlling Interests

Non-controlling interests (NCI) represent the portion of equity in a subsidiary not owned by the parent company. NCI is reported separately in the consolidated financial statements.  The share of profits or losses attributable to NCI is presented in the consolidated income statement.

Consolidated Financial Statements

Consolidated financial statements are presented using the financial position, performance, and cash flows of a group of companies as if they were a single entity. It includes the parent company and its subsidiaries, with adjustments for intercompany transactions and non-controlling interests. It provides a comprehensive view of the financial health and performance of the entire group.

Key Benefits of REPLAN

  • Reduce Time of Implementation
  • Best Practices will be part of the Solution ​
  • Fully Configurable as per Customer requirement
  • Fully Integrated with Core FP&A Platform ​
  • Pre-configured Scalable solution

Industry Specific Blueprints

Streamline Operations & Maximize Profits with REPLAN

Effective legal consolidation is essential for any corporate group, as it enables the organization to present its financial performance accurately. Our solution helps streamline the process of legal consolidation by automating the elimination of intercompany transactions, calculating the netting of receivables and payables, and generating detailed reports. With our tool, you can ensure that your financial statements reflect the true financial position of your company, comply with accounting standards, and provide stakeholders with transparent information.

Timely and accurate reporting is critical for informed decision-making within an organization. Our solution provides comprehensive reporting capabilities, including real-time data integration, and drill-down analytics. You can generate reports on demand to ensure that you always have access to up-to-date information. 

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