Group of companies

Several legal entities, different countries

Situation

Each legal entity calculates its result separately, intragroup turnovers double-count revenue, and the combined picture is assembled by hand.

What A3.Finance does

A projection register for each legal entity, allocation of indirect costs on a configurable base and elimination of intragroup turnovers during consolidation.

Result

1The group’s combined result without double-counted revenue
2Indirect costs are allocated across business lines and legal entities
3Cash of all legal entities is visible in one combined position

Which features are used

Group consolidationThe group’s combined result without double-counted revenue.
Group treasuryWhere the money is now and where trouble is coming, across all companies at once.
Management adjustmentsA layer that the accounting system does not have.

Other use cases

OwnerThere is a business, but no CFO
1CBooks stay in 1C, nobody will change that
SeasonalityMoney runs out before it comes in
FranchiseA network of outlets under one brand
Project businessOrders are profitable, but there is no money
TreasuryPayments are approved in a messenger
LoanThe bank asks for IFRS and monitors covenants
PlanningThe budget is out of date by spring

Sounds like your situation?

We will show the product on data from your accounting system and build your first payment calendar together with you.

Discuss implementation