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In this video and demonstration, we answer the question: Financial Consolidations in Anaplan - Myth or Fact? Our FP&A expert, Mark Chisholm, spent over 12 years doing consolidations on the industry side before Anaplan. In this 28 minute video, Mark takes viewers on an insightful journey into the capabilities of Anaplan for consolidations, and explains why Anaplan is a better investment for companies vs. a point system specializing only in consolidations. 🔍 This video details: 📊 Seamless Data Aggregation: Discover how Anaplan's consolidation capabilities effortlessly aggregate data from multiple ERP and data sources, eliminating the need for manual data entry and reducing errors. Anaplan brings in trial balance information and can synchronize with meta-data. Anaplan can solve data mapping challenges. 📈 Supports centralized and decentralized close process Anaplan capabilities. Close Preparation Activities: Actively calculate and manage latest foreign exchange rates, owner register, new investments or acquisitions, etc. Anaplan also breaks down tasks to close books. 📊 Daily Dashboards: Anaplan can track daily load process with day-over-day comparisons and exceptions. Books cannot be posted without meeting criteria. 📈 In-Memory Reporting: Anaplan is much more agile and flexible than ERP systems. Anaplan automatically calculates all downstream activities in memory and data can be changed instantly at any time. 📊 Addition Financial Capabilities: Account roll forwards Journal entries for current period adjustments, recording entries, and reversing entries Role security for creators vs. approvers Ability to view temporary postings Ability to look at it from adjustment POV Unlimited listing Intercompany matching Intelligent hierarchy interpretation capabilities Reconciliation At the end, Mark answers questions about: The last mile of the closing process Why Anaplan isn’t on Gartner magic quad for consolidation Anaplan references for consolidation Why choose Anaplan over a point solution specializing in consolidation How Anaplan can maximize your investment To learn more about Accelytics and our Consolidations capabilities, visit www.accelytics.com