Benefits

AEG found a superior system that will deliver an efficient end-to-end consolidation solution with flexibility to scale to AEG’s continued growth. The system will

Deliver a fully automated consolidated process from revaluation through to generation of reports within a two-hour time limit.

Automate acquisition GLs with ability to drill through to source transactions.

Automate reporting to alert users of any failed processes.

Immediate and seamless IT support should the system experience problems and delay the close process.

Enforce compliance with staggered close deadlines.

Enable users of reports to run and generate these reports on a self-service basis.

Integrate with current AEG data warehousing structure.

Anticipated

AEG expected to see much better reporting and see the reporting structures stabilized. It was also important to get the accounting to be consistent and reviewed. This was the first time the company was able to document how the close took place.