Thanks! You have now completed the test.

Our opinion is that you would be safe to invest in a consolidation solution. Let us tell you why.

Your group size and complexity

For a meaningful investment in an advanced consolidation solution, your group should be of a certain size. In addition to size, group structure and data sources are also important. If you have several subsidiaries with different owner shares and ERP systems, a consolidation tool may be the solution for you.

You struggle with spreadsheets

You indicate that you experience one or more of the classical challenges of consolidating in spreadsheets. Many groups start using spreadsheets for their consolidation, but eventually it becomes difficult to keep track of the numerous spreadsheets and still maintain a full overview of for example internal eliminations.

Also, the spreadsheets need to be updated manually and will gradually contain an increasing number of errors which will provide you with a wrong basis for your consolidation. Your consolidation process may therefore gain from a dedicated tool.

You have the ambition

Your answers suggest that you have the ambition to consolidate more than once a year and therefore also need to report to management more often. You may already be doing this to a certain degree. One thing is sure, though; it becomes much easier and more precise with a databased consolidation tool such as InfoSuite, which will help you take the information basis into the consolidation process and make it 100 per cent flawless.

What comes next?

Now, all you need to decide, is whether it is time for the next step.

You can also contact us right here with any questions you may have.