A multi-entity close should become more repeatable as the group grows. When each acquisition adds days, finance is translating between operating models instead of closing one group.
01
Start with the operating model
Each subsidiary needs a clear functional currency, a group-aligned chart and the same definition of a completed close. Without that foundation, consolidation becomes a translation exercise repeated every month.
02
Measure where the days go
Separate transaction cut-off, reconciliation, intercompany matching, currency work and reporting. The headline close duration hides which stage is consuming the calendar and which owner is waiting for information.
03
Design acquisitions into a repeatable pattern
The tenth entity should be easier to integrate than the second. That requires a target chart, close calendar, intercompany rules and reporting definitions which every acquired company joins.
04
What finance should do next
Map the close by stage and owner before selecting another tool. If the group rules are inconsistent, technology will automate the inconsistency rather than remove it.
Apply this to your finance environment
Use twenty minutes to establish whether the operating problem is structural.
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