This checklist outlines essential capabilities for effective consolidation software, covering application scope, compliance with multiple accounting standards, master data management, and robust data reporting and validation. It highlights automation for consolidation processes, intercompany reconciliation, and integration with ERP/EPM systems. Key features include comprehensive analysis and reporting tools, user-friendly interfaces, audit and compliance functions, security, and regulatory adherence. The document also emphasizes efficiency gains through automation, real-time data synchronization, customizable dashboards, and flexibility for on-premise, cloud, or hybrid deployment to support accurate, timely, and transparent group financial reporting.

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