SAP BusinessObjects Financial Consolidation

SAP BusinessObjects Financial Consolidation (BFC) is a financial consolidation platform that deals with complex consolidation needs such as multiple versions of consolidations, multi currency reporting and multi GAAP reporting. SAP BFC helps reduce time and cost of the closing and reporting cycle without compromising on the needed controls. As a result the finance team can focus on detailed analysis and make better, faster decisions based on accurate information.

WizProTek has led some of the largest SAP BFC implementations till date and have to our credit multiple successful SAP BFC implementations. Our consultants with deep functional and technical knowledge have been helping clients across the globe to streamline their consolidation and reporting close process through SAP BFC.

WizProTek SAP BFC Service Offerings:

  • Full project implementations.
  • Designing new applications.
  • Consulting clients on Chart of Accounts and Entity structure rollups to meet their internal and external reporting requirements.
  • Application reviews.
  • Redesign of existing applications for enhanced functionality.
  • Migrations & upgrades.
  • Performance Tuning.
  • Data & system integrations for large scale mergers & acquisitions.
  • Customised functionality such as GAAP reconciliation, cashflow automation.
  • Administration of SAP BFC.
  • Client specific training & documentation.
  • "WizProTek combines techno functional expertise with best practices to provide out of the box solutions be it for consolidation and reporting, planning and budgeting or even multi gaap convergence and compliance ."

  • "We work extensively with clients to help them address their long term as well as medium term planning challenges."

  • "We have a rich experience in implementing IFRS compliant reporting solutions. We have partnered with several significant corporations during their initial IFRS convergence as well as subsequent reporting under IFRS environment."