The streamlined way to align local entity accounting with group accounting.
Otisco delivers a transparent and repeatable group consolidation process by making it easy to link and align entity accounting systems with group consolidation platforms.
Saving time, ensuring accuracy, supporting compliance.
The challenges
of group consolidation
Without Otisco, consolidation is an unreliable and laborious process that exposes a company and its group accountants to unnecessary risk:
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A patchwork of entity accounting systems
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Diverse local practices
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Difficult to explain, risk-prone steps
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Entity to group communications gaps
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Key steps not handled by experts
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Results are difficult to scrutinize
Group consolidation
with Otisco
Otisco is the helpful middleman: group accountants that use Otisco can more easily negotiate the consolidation process, while limiting their exposure to risk.
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A single platform that unifies
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Translates local practices and languages
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Explainable, de-risked consolidation steps
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A central, clear connecting point
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Critical steps handled by experts
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Full transparency into workings
All the visibility you need
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Shine a light on workings of consolidation
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Collaboration-first, eliminate silos
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Validation and approval at every step
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Workings are fully tracked
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Easy to access audit trails
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Group controllers remain in full control
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Role-based and data-based security
Otisco enables consolidation transparency, simplifying the audits that assure compliance.
It’s straightforward to get started
Using Otisco does not require technical skills, and the learning curve is minimal. Onboarding with Otisco is quick: start saving time by adding a single entity.
Otisco connects to virtually any accounting system. Otisco currently supports over 50 accounting systems across a range of international languages and a variety of local accounting practices. It works with your existing prerequisites too.
Otisco isn’t just another big system implementation with lots of up-front investment. With Otisco you reap benefits right away.