Fluence: A powerful and fast-deployable consolidation solution

Traditional solutions

In the last decade(s), consolidation solutions of the big software vendors like SAP and Oracle have successfully helped international organisations to streamline their consolidation and reporting processes. The success however, comes at a cost: often the implementation projects have been time-consuming, expensive, and the maintenance of the tools is extensive.

Fluence Technologies

Fluence Technologies is now offering a cloud-based consolidation solution which is at least as powerful, but much easier to implement and more affordable for a larger range of organisations. The cloud-based consolidation solution of Fluence Technologies includes all functionality of a modern CPM platform, such as:

• Advanced rule-based currency conversion and consolidation engine; 
• Business rules for cashflow calculations; 
• Financial data validations; 
• Intercompany reconciliation and eliminations; 
• Equity Pickup.

All important calculations are delivered, including pre-defined best-practice rules, making the solution easier and faster to implement.  By simply loading your organisation’s chart of accounts and configuring the best-practice rules, the implementation can be completed faster and on a smaller budget. 

Fluence: a modern solution for mid-market companies

Damien Wiegman, Managing Partner & CPM Advisor at cpmview: “We see Fluence Technologies as an excellent solution for fast-growing mid-market companies with an equally fast-growing complexity in finance. Organisations that still use a lot of Excel for consolidation and planning purposes experience limitations in easily coping with future growth. In Fluence Technologies, we find a suitable solution to do advanced financial consolidation in a multinational context without losing flexibility, excellent for the mid-market.”

Fluence as a replacement for legacy systems like SAP BPC

“We also serve a group of customers who aim to replace their legacy systems, like SAP BPC on Microsoft. Cpmview has implemented SAP BPC during the last two decades. We know that the consolidation engine by heart and are very excited that we can deliver clients the same speed, accuracy, transparency and control over their financial reporting with the Fluence Consolidation Cloud”, Damien Wiegman.

Cpmview partner of the year

We are very happy to share that we have been named International Partner of the Year 2022 by Fluence Technologies. It’s a great recognition of what our team has achieved. We are glad that we served multiple clients successfully together with Fluence and were happy to implement a Fluence-based financial reporting and consolidation solution with 100% customer satisfaction. 

Fluence Technologies and cpmview entered into the partnership in mid-2020 to provide the next evolution in financial consolidation solutions for mid-sized companies in the EMEA region.

Want to learn more?

Is your organisation looking to replace Excel as a consolidation solution? Please contact us for a demo, we are happy to show you the power of Fluence.