The growth of your company requires more rigorous financial planning and creation of accurate cost scenarios. In addition to the necessary analyses for operational budgets being in place, it is crucial to ensure perfect compliance with legal regulations. IBSS’s Financial Consolidation solution based on SAP BPC product accelerates budget planning and consolidated financial reporting processes. With Financial Consolidation, your company’s budget will be followed through on the system and will be prepared by using standard processes. Thus, anyone can follow the employers’ responsibilities and progress of the budget process in a more transparent way.
While IBSS offers easy, rapid and reliable consolidation of actual data and budget data, it also protects data quality. Following the consolidation of data in accordance with International Financial Reporting Standards (IFRS) regulation, the results are reported in accordance with the legal regulations in Turkey. The system accelerates financial closure transactions, and financial statements and relevant footnotes can be easily accessed through the system.
