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A COMPLETE ANALYSIS SOLUTION
Clarity Consolidation is a financial consolidation, reporting and analysis solution that offers unparalleled capabilities in collection, consolidation, analytics, production and distribution of financial results. Clarity Consolidation is fully integrated with the rest of the Clarity Performance Management suite. Clarity Consolidation will reduce the time you spend ensuring data integrity, managing recurring accruals, performing allocations for tax, translating currency, calculating joint ventures, consolidating minority interests, mergers & acquisitions, divestitures, and calculating exchange rate differences.
Clarity Consolidation’s Web architecture incorporates tight security on the information allowing you to designate which users can view what information. Delivery of information to your endusers is real-time. Comparative statements can be authored in a spreadsheet environment and then published to the Web. What-if scenarios take only a few keystrokes to execute.
CONSOLIDATION OF BUSINESS UNITS
The CPM database allows you to fully or partially, in the case of minority interests or joint ventures, consolidate business units together. New business units can be set to automatically integrate into existing roll-ups. Multiple hierarchies can be established to support multiple roll-ups of your business units i.e. pre vs. post elimination or management vs. financial reporting. Clarity Consolidation also provides sophisticated multi-currency features.
A FULLY AUTOMATED PROCESS
Clarity Consolidation’s journal entry module automates recurring monthly journals such as eliminating entries and accruals. CPM’s Allocation Manager can be used to create fully contributed P&Ls by tax entity in order to properly calculate taxes. CPM reports will automatically pick up new business units, new accounts and calculated exchange rate differences. CPM’s report books can be used to automate the month-end distribution of reports into your desired file format, out to your desired reviewers, and at your desired time.
"Clarity Consolidation" is part of the Clarity Performance Management (CPM) line of products, developed by Clarity Systems.
Clarity Performance Management (CPM) is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.