Solutions/HICONSOLConsolidation. Simplified by High Insight

Accelerate financial close with HICONSOLPowered by SAP Business Data Cloud

  • Real-time Data Load
  • Dynamic Currency Translation
  • Daily Version Snapshot
  • Document Audit Trail
  • Unified Planning & Consolidation
  • Rapid Implementation (12 weeks)

HICONSOL: Unified Planning, Reporting & Consolidation

HICONSOL provides one unified system for Business Planning, Reporting, and Consolidation eliminating the need for multiple tools and complex integrations. Designed for small and mid-sized organizations. it supports data integration from SAP and non-SAP systems, multi-version and multi-currency consolidation, GAAP adjustments, dynamic currency conversion, dynamic intercompany eliminations, consolidation of investments, manual and top-side adjustments, and dynamic reporting. With no additional licensing cost, "HICONSOL" enables enterprises to streamline finance operations today while retaining full flexibility for their future S/4HANA journey.

Native Consolidation Powered by SAP BDC

End-to-end legal and management consolidation across SAP and non-SAP landscapes.

Consolidation essentials

8

What a group consolidation platform is expected to do.

  • Legal & Management Consolidation
  • Multi – GAAP & Multi Currency Consolidation
  • Dynamic & Time Dependent Currency Conversion
  • Dynamic & Time Dependent Eliminations
  • Realtime Integration with S/4HANA
  • GAAP / Top side adj. with Document workflow
  • Consolidation of Investments
  • Clear Audit Trail & Transparency

Only in HICONSOL

8

Capabilities you will not find in existing consolidation solutions.

  • Version Snapshot(Compare – Prev. Submission)
  • Integration with Sub ledgers(for notes to accounting)
  • Group / sub-group dependent multi-level approvals
  • In-built mapping & Transformation mechanism for non-SAP Entities
  • Automated Cashflow Statement
  • Integration with SAP & Non-SAP Systems
  • Document Workflow(Configurable Approval & Review Process)
  • SAC for Excel(Familiar Excel-Based Data Entry & Analysis)

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What is HICONSOL?

HICONSOL is an SAP native planning and consolidation solution built on SAP Business Data Cloud, designed to simplify finance transformation.

Enabling faster BPC migrations, unifies planning and consolidation, and delivers real-time insights with full data traceability.

  • Legal and Management consolidation
  • Data Load integration with SAP S/4 HANA and Non SAP system
  • Data Transformations / Unified data for consolidation and reporting
  • Multi GAAP / Multi currency consolidation
  • Consolidation of Investments - First and Subsequent consolidation
  • Go live under 12 Weeks

Ready to Transform Your Consolidation Process?

Start your financial consolidation journey with HICONSOL and streamline your planning, reporting, and consolidation in one unified platform

Get Started