CryoPDP is a provider of innovative temperature-controlled logistics solutions to the clinical research, pharmaceutical and cell and gene therapy markets. CryoPDP is looking for a consolidation tool to help me to consolidate 22 entities over 16 countries. The database behind is getting bigger, more complex and coming from different accounting software sources. Some intercompany balance differences between these entities use to happen and I need to deal with it at top consolidation level. Ideally these kind of Intercompany differences should be solved at entity level.
26.01.2024
Problem Description
CryoPDP is a provider of innovative temperature-controlled logistics solutions to the clinical research, pharmaceutical and cell and gene therapy markets. CryoPDP is looking for a consolidation tool to help me to consolidate 22 entities over 16 countries. The database behind is getting bigger, more complex and coming from different accounting software sources. Some intercompany balance differences between these entities use to happen and I need to deal with it at top consolidation level. Ideally these kind of Intercompany differences should be solved at entity level.
KPI to achieve
1- Close consolidation by the 6th working day of each month // 2- Flexibility to upload into the consolidation tool different formats of accounts coming from 16 different countries with different GAAPs // 3- If needed, solve Intercompany differences at top level to ensure the financials close in a correct way
Scope of the problem
Consolidation is done for 22 entities over 16 countries.
