20
+
Years Of Experience
Why the need for financial consolidation?
The needs and requirements for an “Integrated end-to-end Financial Close and Reporting Solution” are ever increasing. According to the US GAAP, an enterprise is required to consolidate all the subsidiaries for which the parents control over 50% of the voting interest. The parent and its subsidiaries are treated as one management and one economic entity for financial reporting purpose. Per SFAS 94, this includes domestic, foreign, similar, and dissimilar subsidiaries.
Streamlining Financial Consolidation in BPC
Madiba Inc. solution for Financial Consolidation automates and streamlines financial consolidation activities to support a faster close while providing improved regulatory compliance.
The SAP Business Planning and Consolidation solution (BPC) is a critical component of SAP’s EPM (Enterprise Performance Management) portfolio enabling enterprises to consolidate financial information based on the respective accounting standards such as US GAAP, IFRS, etc. This allows the enterprise to report its financial data accurately, timely and consistently.
What happens after Legal Consolidation?
Once the Legal Consolidation (LC) process is completed, the LC data (i.e. “Single Truth” concept) will form the baseline for the Management Reporting (MR) model for further and in-depth market and product categorization and analysis.
Our objectives
Present financial results by site on a management basis Adjusts revenue and COGS to reflect third party results Allows for segment and market allocation if needed Record Non-GAAP adjustments Balance sheet allocations
Process
The process commences with journal completion and allocation in the Management Reporting (MR) model. Upon completion of Journals and Allocations in the Management Reporting (MR) model, the results can be locked and released for analysis and reporting purposes by both corporate and local legal entities. As the MR model and data are based on validated Legal Consolidation results, data accuracy and consistency in analysis and reporting is ensured.
Over 1500 +
Completed Projects & Still Counting.
200
+
Happy Clients
240
+
SAP Consultants
1500
+
Projects Done
Meet Our Experts Team
Madiba experts help you transform your business through innovation and technology!
Nick Locke is a founding member of Madiba and serves as Director for Business Development. Nick has 16 years of IT project experience and focused primarily on the implementation of the SAP ECC systems.
Nicholas Locke
Executive Partner/Board Member
For more than two decades, Duane Bosch has led organizations with innovative solutions in the area of Enterprise Business Intelligence/Analytics and Finance Process & Systems Optimization. He is currently focused on guiding businesses through the process of evaluating options when migrating to SAP’s new S/4 HANA and HANA-based BI/analytics platforms. Duane is based in Madiba’s Innovation Center in southern California.
Duane Bosch
Executive Partner/Board Member
Steve Wayland is a founding member of Madiba, and now serves as Director. Steve began his career at Accenture, joined Cap Gemini in 1995, before co-founding Madiba in 1998. He has 23 years of hands-on SAP implementation experience and specializes in the unique challenges presented by the rapidly changing Media Industry.
Steve Wayland
Executive Partner/Board Member
He nicked it hanky panky Eaton naff it's your round quaint cheeky cheers, tomfoolery bonnet posh blimey what a plonker vagabond, zonked Elizabeth give us a bell.?
Phillip Anthropy
UI/UX designer
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Intellectuals Row the Boat Together
We join hands with various companies to explore the genius in everything they do and offer opportunities that change the way they feel about transition
IMPORTANT NOTE: Madiba is not associated with or sponsored by the any of these registered or trademark owners.
Over 1500 +
Completed Projects & Still Counting.
20+
Years Of Experience
200+
Happy Clients
240+
SAP Consultants
1500+
Projects Done
Meet Our Experts Team
Madiba experts help you transform your business through innovation and technology!
Nicholas Locke
Executive Partner/Board Member
Nick Locke is a founding member of Madiba and serves as Director for Business Development. Nick has 16 years of IT project experience and focused primarily on the implementation of the SAP ECC systems.
Duane Bosch
Executive Partner/Board Member
For more than two decades, Duane Bosch has led organizations with innovative solutions in the area of Enterprise Business Intelligence/Analytics and Finance Process & Systems Optimization. He is currently focused on guiding businesses through the process of evaluating options when migrating to SAP’s new S/4 HANA and HANA-based BI/analytics platforms. Duane is based in Madiba’s Innovation Center in southern California.
Steve Wayland
Executive Partner/Board Member
Steve Wayland is a founding member of Madiba, and now serves as Director. Steve began his career at Accenture, joined Cap Gemini in 1995, before co-founding Madiba in 1998. He has 23 years of hands-on SAP implementation experience and specializes in the unique challenges presented by the rapidly changing Media Industry.
Steve Graef
Partner
SAP S/4 HANA Customer Experience With 25 Years of SAP Consulting Experience Steve has been with Madiba most of those years wearing different hats such as SAP Implementation Delivery Lead, Project Manager and a Solution Architect for Sales and in CX space. He is SAP Certified in multiple Areas and is one of the key Madiba SAP S4/HANA Core Team membe
Hendrik Gerryts
Partner
Hendrik joined Madiba in 2007 and brings a wealth of expertise and a passion for SAP. With his 28 years of SAP experience, Hendrik focuses on financial planning, reporting, and analysis across multiple industries. Over the past decade, he has specialized in the pharmaceutical sector and has held executive-level positions, including VP of Delivery.
Jeremy Shinkfield
Partner
Since 1998, Jeremy Shinkfield has been immersed in SAP, focusing on the Media Industry and serving small to midsize clients. His expertise lies in S/4 implementations, application development, and system integrations, with a goal of enabling businesses to operate seamlessly. With a deep understanding of SAP, he delivers comprehensive solutions tailored to clients’ unique needs, to help drive their success.
Manoj Dhir
VP, Digital Transformation
Manoj has total 18 Years of SAP Experience and has been an ex-SAP employee.He is leading the global delivery practice at Madiba & is in-charge of SAP S/4 HANA Digital Transformation services. Manoj is SAP certified Activate Project Manager and is an expert in Public Sector/Govt. as well as Oil & Gas domain. An expert of Solution Manager 7.2 especially positioning Model Company. A hands-on Focused build project consultant
Got Questions? Get in Touch with our Experts!
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Madiba Active – SAP ECC to S/4 HANA conversion made simple
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16481 Scientific Irvine, CA 92618
Phone: +1 (949) 716-8979
Fax: +1 (949) 271-4073
Email: info@madiba.com
Web: www.madiba.com