Grupo Bel

Less time and effort spent on the monthly consolidation process. Lower margin for human error. Automated loading of actuals, in addition to automation of the entire consolidation process.

Challenge

Design and implementation of the consolidation solution for Grupo BEL. The solution covers 35 of Grupo BEL's companies, with 3 consolidation levels and two different currencies configured. The data comes from four different ERP systems.

Solution

Oracle EPM Cloud Financial Consolidation and Close

Result

Less time and effort spent on the monthly consolidation process. Lower margin for human error. Automated loading of actuals, in addition to automation of the entire consolidation process.

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