What is the implementation of the CONSORG Dominium CPM system for the client of GK BOWIM SA?

Moderator Moderator

It is a dedicated solution that supports the management processes of the capital group in the areas of financial and budget consolidation, and ownership supervision of subsidiaries and associates.

We briefly present the implementation stages.

1. Financial consolidation - quick creation of consolidated reports, facilitating the collection and verification of information and easy access to data. 2. Ownership supervision - storing and sharing information about capital-related entities, access to financial data and analysis tools. 3. Stock exchange reporting according to ESEF standards, including XBRL tagging of consolidated reports.

And what are the effects of implementation?

  • More detailed transaction analysis

  • All data in one place

  • Online transaction arrangements

  • Decentralization of arrangements

  • Unification and harmonized layout of financial statements

  • Easier consolidation simulation

  • Reporting from relational databases

  • Reporting flexibility

  • Compliance with the standards of the Single European Reporting Format (ESEF)

  • Fast and efficient tagging of consolidated statements with XBRL tags

Thank you for your trust and interest in our solutions! We also invite you to take advantage of our offer and cooperate with us.