- Services
- Industries
- About
- News & Views
- Join
Financial Consolidation
In today's business landscape, finance leaders require actionable insights to effectively manage their organizations. The financial close, consolidation, and reporting cycle plays a vital role in enabling swift and confident decision-making, serving as the bedrock for data-driven insights that drive business success.
Our Capabilities
Leveraging our expertise in end-to-end financial transformations, we empower companies to optimize their financial consolidation processes by implementing best-in-class processes and technology solutions. This enables them to confidently navigate their transformation effort and streamline their financial operations.
Streamlining Close & Consolidation
We specialize in helping organizations optimize their financial consolidation, close, and reporting processes by implementing industry best practices and solutions.
This includes implementing global guiding principles, redesigning processes, evaluating, deploying and maintaining technologies and applications to ensure seamless and effective financial consolidation.
Finance Automation
Through advanced technologies such as robotic process automation (RPA) and machine learning, companies can automate data integration and validation, intercompany eliminations, journal entry creation and posting, financial statement generation, reporting and analytics, and audit trail maintenance.
By automating these tasks, financial consolidation becomes a faster, more accurate, and less burdensome process, empowering finance leaders to focus on strategic analysis and decision-making.
ESG Reporting
ESG reporting requires companies to collect and analyze and report additional non-financial data related to environmental, social, and governance factors. This expanded scope adds complexity to the consolidation process, as it involves integrating and reconciling both financial and non-financial information. Our proprietary solution ESGeo, is powerful ESG Digital Governance Platform that effectively manages the entire value chain of Environmental, Social, and Governance factors.
As a service Business Model
Servitization is a primary enabler of Circular Economy, and surely one of the top strategies for companies who are willing to increase their profitability while being sustainable. As-a-service business models allow the shift from selling a product, to selling the value of that asset to users in need.
We help companies explore this opportunity - from the analysis of their current business models and operations, to the design and actual implementation of new as-a-service models, leveraging digital technologies and our proprietary methodology to activate new revenue streams.
Industry 4.0 Transition
Industry 4.0 is a well-known concept, yet only a few companies have taken action despite seeing its potential value. Digital technologies are completely remodeling industrial production processes, providing greater flexibility, increased productivity and higher quality.
We guide companies in the transition towards their “Future Factories”, starting with people across the enterprise and, only then, focusing on the technologies that could be more helpful to support employees working with complex equipment and processes and ultimately, to do more with less.
Customer Engagement Revolution
People’s lives revolve around interactions – with other people, brands, products and devices. In a world where the line between digital and physical is extremely blurred, organizations must design and deliver meaningful, next-level customer experiences in order to stay relevant and keep growing.
Bringing together a passion for data, design, technology and customers, we help companies model end-to-end experiences in the phygital world, reimagining their Sales, Marketing and Services digital platforms through a human-centered approach.
Intelligent Automation
To achieve real intelligent automation, an enterprise-wide approach is required - which means designing around people and technologies simultaneously.
Leveraging our approach and technological expertise, we help companies build solutions to achieve quality Augmented-Humans at scale, empowering their employees and letting them focus where they can make a real difference.
Innovation as a Service
Your people’s knowledge is an incredible (often underrated) resource to leverage - if guided with the right approach, it’s your own people who will make innovation happen.
We have developed a proprietary methodology to work with both people and technology: let us help you develop and launch MVPs, according to the Learning-by-doing concept, and deploy your innovation in the most effective way
Digital Technology Onboarding
Get your team aligned with the latest technologies, through our interactive workshops! This journey, tailored to your industry and needs, shows real use cases and practical examples about how emerging technologies can represent a competitive advantage for your company.
A perfect first step to start all-around company-wide digital transformation as well as area-specific digitization processes.
Our Approach
We seamlessly connect people, processes, and technology to deliver the desired outcomes that empower modern corporate accounting teams in executing financial consolidation activities across industries and regions. By integrating these critical elements, we enable efficient and effective financial consolidation for the modern-day corporate accounting team.
Technology Agnostic
With an extensive experience in financial consolidation solutions, we take a technology-agnostic approach when guiding our customers through their transformation journey. We collect and validate detailed requirements in dedicated meetings with key stakeholders, evaluating business processes, reporting needs, existing technology stack, integration, and data flows.
We then translate this understanding into a Solution Evaluation Matrix to identify the solution that best aligns with our customers' specific needs.
Methodology Driven
Our proprietary Methodology guides our customers through the entire technology selection, procurement, implementation, adoption, and management process, ensuring a streamlined and accelerated transformation journey.
By following this proven approach, we help our customers achieve higher user acceptance, lower implementation costs, and provide a comprehensive view of the transformation from start to finish.
Future Proof
One of the core objectives of our approach is to evaluate organizational structure and inter and intra-company processes, enabling the delivery of integrated reporting that combines financial and non-financial information.
This ensures scalability and sustainability within the constantly evolving economic ecosystem
Our Partners
Case Study
Crafting a Unified IT Landscape: Neodecortech Group’s Path to Integration
Faced with the challenges of disparate ERP systems and the need for operational unification, Neodecortech embarked on a digital evolution journey to streamline processes and enhance productivity by adopting a single, robust, integrated system.
Case Study
Wilson Sons Increases Operational Productivity by 35%
Wilson Sons upgrades its EPM system. With the change, it increased operations productivity by 35%.
Case Study
Trevi Group revolutionizes its financial consolidation, cutting data acquisition time and streamlining operations across 70 companies and 35 currencies for enhanced accuracy and strategic financial management.
Case Study
Discover how Avvale empowered a leading steel lattice tower manufacturer in Brazil to revolutionize its operations with SAP S/4HANA Public Cloud. Witness the transformation towards a unified, forward-thinking ERP system, harmonizing practices across ...
Case Study
From Fragmentation to Integration: Berlin Packaging's Journey towards Unified Financial Management
Leveraging OneStream's Intelligent Finance platform, Avvale tailored a solution to address Berlin Packaging's challenges, resulting in streamlined processes, enhanced efficiency, and compliance with both ITA GAAP and US GAAP standards.
Case Study
Discover how our proactive approach not only resulted in a notable 30% reduction in provisions but also enhanced agility and autonomy at TIVIT.
Technology Enabled
“I did not know that was possible” is one of the most common outcomes of a conversation between a business team with a need and a Technology Expert.
That’s why Digital Technology Enablement is so critical: by showing use cases and real examples of technology applied, we lay the foundation for concrete incremental innovation development – ultimately empowering the business with technology as a force multiplier.
People Centric
Digital Transformation is about using technology to transform business processes, models, and organizations.
It is about using the insights brought both by users and technology to envision new business models, markets, and more efficient ways of attracting, engaging, and delivering value to customers.
Focusing on people rather than processes or technologies, allows to envision lean solutions truly built around their business needs, maximizing benefits and accelerating adoption.
Methodology based
The beNIMBL Loop is a proprietary methodology designed to maximize the alignment between people and technology, helping companies introduce fast, tangible, and impactful innovations.
Six different variants have been tailored for specific scenarios and industries according to people and company objectives.
