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It can do either partial or full ownership, multi currency and nice financial reporting. Once initial setup is done the Monthly consoles are super easy. You might want to watch this free video here on Proformative: "Financial Consolidations and Reporting: The Alignment of People and Technology" https:// Best of Luck... The close process for multi-national companies still takes time (closing the local entity ledgers, including revaluing any multi-currency balances), closing inter-company transactions, elimination entries, and consolidation (I'm assuming FASB 52 compliant) take some time.

Hi, at this moment, wich is the ERP installed in your company? If you are looking to replace your full ERP solution then understanding all of the required steps in your close process is important.

It’s called Consolidator, and it provides the means to merge multiple instances of SAP more safely, quickly and cost-effectively than ever.

Ian has been heavily involved in developing solutions and delivering many of HCL’s largest SAP transformation programs in both North America and Europe. Welcome to today’s Q&A on SAP instance consolidation as a cost reduction strategy.

I’m Natalie Miller, features editor of SAPinsider and insider PROFILES, and I’m happy to introduce today’s panelist, Ian Greenhalgh of HCL Technologies.

Significant cost reduction opportunities are associated with instance consolidation.

Studies show that the average operational cost of running a single SAP instance could be up to 30% lower than running multiple instances.