REPLAN for Legal Consolidation & Reporting
REPLAN is a legal consolidation and reporting tool that streamlines financial management for businesses.
Some Interactive Features
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.
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 (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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