An integrated, fast and transparent financial consolidation process is key for the CFO
Paluma is recognized as a European expert in group financial consolidation and management reporting solutions. We combine sound Big 4 group accounting expertise and deep technical knowledge of the software solutions we implement to provide you with an end-to-end service and execute your CFO’s strategy.
A Paluma consultant combines functional and technical expertise to cover:
With experience in all major financial consolidation software solutions available on the market and a deep understanding of the business needs of the various industries, Paluma provides high value-added in helping you evaluate and select the appropriate group financial and management consolidation solution, minimizing your total cost of ownership and maximizing the returns on your investment.
Financial reporting design
Our sound understanding of international and local reporting standards, specificities of the various industries and the process of a modern financial close allows us to act as a precious advisor in designing your financial reporting package structures, the validations and controls needed to ensure reporting accuracy and completeness, the various stages of your closing process and the contents of your financial statements.
Management reporting design
Management reporting is closely linked to the business of the company and especially to the visions of its leaders. Modern group reporting solutions should rely on one version of the truth for both financial reporting and management reporting. Paluma has designed numerous integrated management reporting solutions taking into account industry-specific performance indicators, analytical accounting needs and high quality reporting and dashboarding capabilities.
Consolidation and reporting systems implementation
Paluma applies an own methodology in implementing consolidation and reporting systems. The methodology is based on defined steps, with clear deliverables that all our project managers and consultants apply. We ensure the delivery of a system that has been well designed, tested and documented and which your team is able to maintain and make evolve independently thanks to their early participation in configuring the system together with our experts.
Paluma currently covers implementations of the three leading Enterprise Performance Management software editors:
- SAP Financial Consolidation
- SAP Intercompany
- SAP Business Planning and Consolidation (NW & MS)
SAP Lease Administration by Nakisa is suitable for supporting differentiated and complex leasing environments.
Paluma is a Specialized Expertise Partner of SAP, first strategic implementation partner of Nakisa and partner of Unit4 Prevero.