Close the books faster and with confidence, across entities, currencies, and reporting standards.
The financial close is one of the most complex and time-critical processes in any group. It must deliver accurate, auditable, and timely consolidated financials.
At Cloudmaven, we design and implement Financial Consolidation & Close solutions on Oracle EPM, automating intercompany eliminations, currency translation, equity pickup, minority interests, and group reporting.
We help finance teams move from spreadsheet-driven, error-prone consolidations to a controlled, repeatable, and audit-ready close process.
Advantages of Financial Consolidation & Close
The Close Cycle
- From entity trial balances to consolidated group reporting, automated, controlled and auditable.
- 42 legal entities
- 12 currencies
- Multiple GAAPs
Why Cloudmaven
- Deep IFRS, US GAAP and Local GAAP expertise
- Hands-on Oracle FCCS delivery
- Audit-ready controls and full traceability by design
- Fast-close methodology and benchmarking
Close Cockpit
- Entity Submissions
- Intercompany Matching
- Currency Translation
- Eliminations
- Group Reporting Pack
Close Faster. Report with Confidence.
Companies that already rely on our portfolio
Svenja Frankenberger
Head of Accounting, Qualifyze
Revenue recognition used to take an employee five working days.
With NetSuite, it is now 100% automated.
Richard Gausch
CFO, TEVEO GmbH
Cloudmaven supports us on our growth path. Teveo was launched in 2019 by two founders and has since grown to over 100 dedicated team members, with sales increasing from zero to over 50 million euros. We are delighted to be advised by Cloudmaven AG with their ERP and financial expertise.
Martin Hoffmann
former CFO and Co-CEO, ON
This tool is so valuable to us that its benefits can hardly be expressed in figures. It saves an enormous amount of time and energy and, in financial terms, represents precisely the freedom we want to give our employees in their day-to-day work.
Jan Christopher Stahl
CEO, TEVEO GmbH
We chose Cloudmaven AG because their reliable end-to-end solutions enable us to develop our company securely, precisely and scalably.
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