Challenge The expanding EBOS group had found that its previous approach to group consolidation was no longer satisfactory. In particular the group needed to be able to, • Take a line of business view across all of the group entities. • Report in multiple currencies. • Efficiently collect and report on budget and forecast against actuals. • Represent budget and forecast at multiple exchange rates. • Deal with acquisitions and disposals. Approach Taysols worked with EBOS to develop a new group chart of accounts which would meet all reporting needs by exploiting the multi- dimensionality of HFM. The initial build of HFM was then completed based on this. Once the core application was in place training was provided to representatives from each operating company so that they could

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