Basware Group Consolidation engine with automatic calculation procedures provides a comprehensive group management system. Combined with Basware IFRS Package and Cash Flow, it dramatically cuts time spent on routine accounting tasks. You can rely on on the reported figures and avoid any unpleasent surprises when using a system with automated features and a common database.
The group-level elimination mechanism built into the system takes into account IFRS legal requirements. A range of intelligent automation features make the creation of consolidated annual reports fast and easy.
Fast system implementation with the unique Basware IFRS Package
Basware IFRS Package is a ready-made, intelligent accounting content tool kit that complements the Basware Group Consolidation system. The package includes a group chart of accounts, input sheets and reports for different purposes and timeframes, plus accounting guidelines that always comply with the latest IFRS regulations.
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Illustrative Presentation
Have a look at an example of consolidated financial statements of a fictious company compiled using Basware IFRS Consolidation.
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IFRS White Paper
Read more about IFRS standard as a global standard, financial consolidation process and what the changing standards mean in practise.
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Basware Group Consolidation fact sheet
Read more about a comprehensive group management system and its features.
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Basware IFRS Consolidation fact sheet
Read more about how you can dramatically reduce system implementation time.
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Customer case story: HKScan
Read how HKScan benefitted from Basware Group Consolidation in its IFRS transition.
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Customer case story: OneMed
Read what OneMed Group thinks about Basware Group Consolidations.
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IFRS 8 Operating Segments
Year 2009 will bring significant changes to IFRS standards. Read more about chnages in segment reporting..
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