Finance professionals are experiencing the full impact of technology. The scope and content of their roles are evolving daily - bringing new complexities, tighter deadlines, and higher expectations. Navigating this transition smoothly requires more than incremental improvements. It requires rethinking one of finance’s most critical and complex processes: consolidation.
On 9 April, we are hosting an exclusive breakfast session at Harbour Club Vinkeveen, dedicated to finance professionals involved in consolidation. During this morning session, we will take a deeper dive into how technology can transform consolidation from a time-consuming obligation into a streamlined, insight-driven process.
The Challenge of Consolidation
The consolidation process is often complex and resource intensive. A significant portion of time is spent on:
- Collecting data
- Validating data
- Reconciling intercompany balances
- Performing manual checks
After data collection, data validation is typically the second most time-consuming aspect of the process. As a result, limited time remains for analyzing results and delivering meaningful variance reporting. The consequence? Highly skilled finance professionals spend too much time on control activities and not enough on generating strategic insight.
How Technology Changes the Game
During this session, we will demonstrate how consolidation works within CCH Tagetik. By leveraging structured workflows, automation, and built-in financial intelligence, non-value-adding tasks such as data validation can be handled by the application itself. This significantly accelerates the consolidation cycle while improving accuracy and transparency.
Key topics covered during the session include:
- Workflow capabilities
- Built-in financial intelligence
- Intercompany matching
- Variance reporting
Agenda
08:00 – 08:30 | Arrival and Welcome Fresh coffee and informal networking with fellow finance professionals.
08:30 – 10:30 | Inspiration, Technology, Peer Exchange & Breakfast Live Demo – See CCH Tagetik in action Interactive Q&A & Discussion – An open exchange of questions, challenges, and experiences
During the presentation, breakfast will be served — combining valuable insights with a productive start to the day.
Practical Details
Date: 9 April
Location: Harbour Club Vinkeveen
Time: 08:00 – 10:30
This breakfast session brings together finance professionals to explore how consolidation can be simplified, accelerated, and strengthened through intelligent technology. We hope to see you there!