Comshare
recognizes that different organizations require different
consolidation solutions, depending on their financial and
IT structures.
In addition to our Geac Performance Management
financial consolidation module, built on a centralized architecture,
we offer Comshare FDC, a powerful consolidation application
designed for businesses that have autonomous reporting units
and/or subsidiaries. Comshare FDC uses a distributed application
architecture in which each reporting site has its own database,
for local data ownership and maximum flexibility. Each unit
within the organization can perform sub-consolidations and
produce their own financial statements in different GAAP formats,
according to local requirements.
Comshare FDC streamlines consolidation and reporting so
that managers have more time spend on analysis and strategic
planning. It automates consolidation from multiple locations,
in multiple general ledgers and charts of account, and in
multiple currencies.
Comshare FDC has been architected to deliver all your reporting
requirements. This includes management, legal, statutory,
and regulatory reporting requirements from a local and global
perspective, incorporating support for International Accounting
Standards (IAS), US GAAP, Canadian GAAP, UK GAAP, FASB,
and more.
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