​Creating your budgets and forecasts is a good start, but to consolidate them to a group level can be a complex process, especially when using Spreadsheets.  The ability to flex assumptions and input variables for Scenario Planning and Sensitivity analysis at the individual company level, and then consolidate the results at the click of a button to understand the impact at a group level, is an essential part of a decent consolidation system.

Bold Shore has extensive experience in creating Consolidation Solutions for large organisations, and understands the complexity and technical requirements of group accounting.

Consolidation Models

Our Consolidation Solutions are capable of taking into account every part of your consolidation process, including:

  • Inter-company eliminations

  • Tax overlays

  • Treasury overlays

  • Chart of Account mappings and conversions

  • Group, Company and Transaction currency conversions

  • JV cutbacks and proportionate consolidations

  • Equity accounting transactions

Consolidation Results

A comprehensive set of results to your specific requirements will be generated by the Consolidation Solution, and can be reported on directly or interfaced to your ERP or BI solution:

  • Validation rules to ensure accuracy and completeness of consolidated plan results

  • Full Trial Balance in  Group Currency

  • Full Cash Flow Forecast in Group Currency

  • View escalated or unescalated results

  • Variance analysis between plan versions and actuals



Reduced reliance on spreadsheets for consolidation purposes, which have no central version control and limited audit trail are generally unsupported and hence prone error, and have inefficient integration with underlying planning systems


Being non-transactional, period-end based systems, a decent solution will deliver results during very short time frames

Ability to make changes to planning modules at short notice so as to prevent users from reverting back to spreadsheets


Full integration with ERP systems

Complete set of master data to plan on (COA, Org structure)

Bridge the gap between Operational Planning systems and Financial Planning systems in order to ‘cash-up’ the business