NDC Financial Consolidation supports legal financial consolidation, internal consolidation of actuals, and consolidation of plans from data collection through reporting. It brings together actuals, budgets, plans, forecasts, and non-financial information such as ESG data. Features include invoice-based intercompany elimination, ongoing scope changes, custom foreign-exchange rates, and customizable consolidation rules for IFRS-compatible legal results. Finance teams can manage data models, company structures, validations, cycles, rules, and master data through the interface without coding or scripting. Data can be submitted through automated interfaces, Excel imports and exports, or web forms. Its integration approach is designed for mixed SAP and non-SAP ERP environments, both cloud and on-premise. It also connects with SAP Analytics Cloud for reporting, planning, and analytics, and can operate as an extension. Automated migration is available from SAP Financial Consolidation and SAP BPC, with additional options for SEM-BCS; the maker says implementation time can be reduced to 6–12 months. Deployment can be cloud or on-premise, standalone or as an SAP Analytics Cloud extension. Pricing is on request.
Who it is for
The product is aimed at CFO and global finance teams, local finance, audit teams, IT, and executive committees. It may suit organizations consolidating financial and non-financial data across mixed ERP environments.
What is good
- Supports legal and internal consolidation
- Finance teams can administer without coding
- Works with mixed SAP and non-SAP ERP systems
- Automated migration options for SAP products
- Automatically collected audit trails
What to know first
- Pricing is available on request
- Migration timing is stated as 6–12 months
Verdict
NDC Financial Consolidation brings consolidation, data submission, and reporting into one solution, with both cloud and on-premise deployment options. Organizations considering it should confirm pricing and the migration approach that fits their current systems.
NDC Financial Consolidation plans and pricing
All plansCompared on financial consolidation software
- Intercompany eliminations
- Yes
- Consolidation methods
- full
- Multi-currency consolidation
- Yes
- Audit trail
- Yes
- Source integrations
- SAP S/4HANA, SAP R/3, SAP Analytics Cloud, SAP HANA, Excel, SAP and non-SAP ERP systems
