CONSOLIDATE AND CLOSE

Reconcile, close and report, all in one system.

A consolidated income statement in consolidate and close software.

what you can do

Consolidate and close with
confidence.

Consolidate results from multiple companies and non-Workday financial systems easily, every time. We automate the reconciliation, consolidation, reporting and close process so everything is done accurately in one system.

KEY CAPABILITIES
  • Global consolidation
  • Period close process
  • Period close dashboard
  • Real-time financial reporting
  • Account reconciliation and certification
  • Third-party GL integration
Financial results dashboard showing income statement and pie graph for quarterly expense analysis. 2020R1

View consolidated results any time. 

Wondering what your financial results look like during the period? No problem. Consolidation and close in Workday provides real-time currency translations, intercompany eliminations and retained earnings calculation. 


70% reduction in time to close.

– CustomInk

Run a more efficient close.

Period close metrics showing bar graph of days to close along with a progress monitor table. 2020R1

The financial close is a complex but critical process. Workday streamlines closing so you can spend more time analysing results.

Go beyond a period close checklist.

Use the period close business process to automate tasks, route approvals, send reports and more.

Eliminate batch processing for a faster close.

Close faster with in-memory accounting and reporting that delivers instant insight, with fewer reconciliations along the way.

Boost your team’s productivity.

Prioritise work with delivered dashboards for period close, account certifications and more.

Account certification dashboard showing balance sheet certification progress and number of account certifications. 2020R1

Reconcile accounts the easy way.

There's no need to move data out of Workday to verify account balances. Account reconciliation and certification are automatically embedded in the transaction system.

Operational analysis dashboard showing operating expenses by cost center and P&L by quarter.

Gain business insight from your financial system.

Say goodbye to the limitations of a traditional accounting code block. With Workday, you can analyse financial results by any dimension, such as:

  • Spend by supplier
  • Customer profitability
  • Spend by campaign
  • Project activity

See how we get
you live fast.

Ready to talk?
Get in touch.