The problem with using multiple ERP systems in financial consolidation

Using multiple ERP systems and local accounts presents a significant obstacle to financial consolidation, a common issue faced by group finance professionals.  

It involves merging information from various sources and ensuring the data is accurate and consistent. 

This challenge is so pervasive that even a basic spreadsheet consolidation setup may struggle to handle it.  

So, what can we do to make the task less complex and reduce the risk of errors and data inconsistencies? 

Ultimately, a combination of technology and process improvements can help organizations overcome the challenges of multiple ERP systems and local accounts in financial consolidation.  

In this 30-minute session  with expert Jette Thelin, you will learn how to consolidate data across multiple ERPs.

We discuss:

  • The trouble with local chart of Accounts and different ERP systems
  • Streamlining of data collection 
  • Handling dimensions in a consolidation
  • Implementing standardized accounting practices 
  • Mapping of companies 
  • Handling Group Data 
  • Localization  




Jette Thelin has extensive experience in helping corporate groups transition to fully automated cloud consolidation to optimize their finance teams' value in the business.