Latest blogs
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The Role of AI and Machine Learning in Financial Consolidation
AI in financial consolidation is genuinely useful — and also significantly overhyped. The honest picture is narrower than most vendor marketing suggests, but the areas where it genuinely adds value are real and materially affect how finance teams spend their time. The clearest way to think about it: AI in consolidation is most valuable where…
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New Feature: Cash Summary & Forecast Input in BrizoConsol
Managing cash flow is one of the most critical aspects of running a small business. Without a clear picture of available cash and future cash needs, businesses risk liquidity issues, missed opportunities, or unexpected financial stress. To help businesses gain better cash visibility and control, BrizoConsol introduces the Cash Summary & Forecast Input feature. How…
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Centralised vs. Decentralised Financial Consolidation: Which Approach is Right for You?
The choice between centralised and decentralised financial consolidation is less a binary decision and more a spectrum — and most groups, in practice, land somewhere in the middle. What actually varies is which parts of the process are owned centrally and which are distributed to entity finance teams. Getting that division right affects close timelines,…
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Common Mistakes in Financial Consolidation and How to Avoid Them
Consolidation errors are particularly problematic because many of them don’t produce an obvious signal. A balance sheet that balances, a P&L that adds up, a cash flow that reconciles — none of these confirm the underlying numbers are correct. The most consequential consolidation mistakes are the ones that produce plausible-looking results while the figures inside…
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Financial Consolidation for Companies with Different Fiscal Year Starts: Challenges and Solutions
Groups that have grown organically or through acquisition often end up with subsidiaries on different fiscal year calendars. A parent with a December year-end may own a subsidiary reporting to March, another to June, and an acquired business with a September year-end. Each entity closes its own books on its own schedule. The consolidation has…