Assist strategy and growth dynamics thanks to reliable reporting

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Context

In order to support its strategy and its growth dynamic, the 5àsec group wishes to develop its information system on several functional parts : consolidation, financial reporting, BI and business reporting.

With its 19 subsidiaries, the group was looking for a solution capable of carrying out both its quarterly statutory consolidation (under IFRS / French GAAP) and its monthly financial reporting.

Benefits

  • To save time in the consolidation process, in particular by allowing the subidiaries to manage their intra-group data reconciliation in real time
  • Enhance reliability of the data
  • Have an unified solution by statutory consolidation (in the standards CRC99-02 and IFRS) and of management reporting
  • Concentrate on the analysis and the piloting rather than on the production of figures

Subsidiaries: 19

Our previous solution was no longer suitable because it did not ensure reporting data reliability. We therefore decided to adopt a recognized and stabilized solution.

Hong-Linh Tran
Group Financial Controller, 5àSec Group

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