Performance Management and Solutions
The work involved: Migration of Financial Consolidation & reporting from Hyperion Enterprise Management to Hyperion Financial Management, designed to standardize the financial consolidation process of all the customer’s entities (across 16 countries & involving about 14 different currencies) in Africa.
Radiare is involved in:
- Requirement analysis, design, planning dimensions and outline metadata based on the Chart of Accounts in financial system.
- Interaction with users to understand the current methodology and account principles used to work out consolidation rules.
- Development of consolidation rules using VB scripts to automate calculations for Minority Interest Calculations based on the Ownership principles used for consolidation as per Accounting Standards (IFRS requirements).
- Training the end users (incl. administrator) and facilitating the UAT process.