Consolidation
Streamline consolidation across the group with automation. Gain a transparent insight and report faster with VIS Performance.
Automated consolidation with VIS Performance
With VIS Performance, all data across the group’s companies is gathered in one place, from which rules for elimination, internal postings, ownership shares, and more are set up.
From there, consolidation is automated, so your resources are solely used for analysis, rather than manual data collection and preparation.
Consolidation in VIS Performance includes, among others:
- Automated consolidation of actuals, budget, and forecasts
- Consolidation of corresponding budgets and forecasts
- Automatic elimination of inter-company trading
- Inclusion of individual tax rates for foreign subsidiaries
- Automatic currency conversion
- Automated rules for cost allocation
- Multiple budget layers for monthly follow-up and simulations
- Dashboards with variances, KPIs and benchmarking
Automate resource-intensive processed
Increase collaboration with multi-user access
Advanced user management and audit trail
Auto-generated reports with a few clicks
VIS Performance consolidates all companies commercially and financially, and the built-in budget module makes follow-up efficient and to-the-point.
Higher data security
Several spreadsheet versions that are sent back and forth internally are not only a time-consuming and often error-prone administrative process, but also result in lower data security.
With multi-user access, multiple employees can access the budgets without having to send spreadsheets internally. The advanced user management allows you to have full control over which employees can only access and analyze, who can edit and comment, and who has the rights to approve the final budgets and annual accounts.
This ensures high data security with full traceability of who has made which changes and when.
Consolidation in VIS Performance
- Consolidation of realized activities in terms of amounts and other metrics
- Consolidation of corresponding budgets and forecasts.
- Dashboards with variances, KPIs, and benchmarking.
- Customized group chart of accounts and multiple variants for different purposes
- Elimination of shareholdings in subsidiary or sister companies
- Automated rules for management fee
- Automated rules for cost allocation
- Multiple budgeting layers for monthly follow-up and simulations
- Advanced Inter-Company elimination
- Automatic currency conversion
- Recognition of individual tax rates for subsidiaries abroad
- Flexible reporting dimensions
- Cashflow
- Calculation of minority interests
- Advanced PPA
- Group structure with multiple levels
- Integrates with other IT-sources
- Corporate reporting
- Customized templates
- Alternative group structures
ELIMINATE SPREADSHEETS
One solution for all users
- No user management - low data security when sharing
- Difficult to version control
- Lack of overview on progress
- Time-consuming process
- Complicated consolidation and elimination
- High risk of manual errors
- User management - high data security
- Version control
- Overview on progress
- Time saving and efficient
- Easy to consolidate, budget and forecast
- Locked forms - high security
Discover VIS Performance in action
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discover our solution:
- Budgeting and forecasting
- Monthly Reporting
- Consolidation
- Sales & Operations Planning
- Customized dashboards
- Return on investment
Solid customer base
Our customers are the core of our business, and they have been since the very beginning in 1993.
