Guide: From Consolidation to Real-Time Assurance

The challenge: consolidation at scale

As organisations expand, consolidation must bring together data from multiple entities, systems and reporting structures. The result is slower reporting and reduced confidence in group financial data.

 

Common challenges include:

• Manual adjustments and reconciliation effort
• Delays in identifying intercompany discrepancies
• Limited visibility into entity submissions
• Increased effort validating consolidated results

What real-time assurance looks like

Traditional consolidation validates data at the end of the reporting cycle. Real-time assurance changes this.

In a real-time assurance environment:

• Entity data is centralised and standardised
• Consolidation logic is structured and consistent
• Adjustments are transparent and traceable
• Finance leaders have visibility throughout the process

This allows issues to be identified earlier and strengthens confidence in group financial data.

The guide introduces the Group Reporting Confidence Scorecard, helping you evaluate your consolidation maturity across key areas: