Every acquisition adds a new ERP, a new chart of accounts, a new set of intercompany relationships.
In most groups, each one becomes a manual project for the finance team. The reporting gap doesn't close, it widens.
That's the problem nobody budgets for. #CFO#FinancialControl
A Nasdaq-listed infrastructure group with 30+ subsidiaries across four different ERPs.
Their finance team was spending days every month on data gathering and account mapping. Now that effort is down 95%.
In too many multi-entity groups, the best finance people spend their time collecting and reconciling data - not analyzing it.
We built Corvenia to change that. Financial control across every entity, live in hours. No ERP changes. No IT project.
https://t.co/mZV0qCBCe0