DIMCON used FCCS to improve Atkins Nutritionals' financial consolidation process, providing a consolidated view, automated eliminations, and better reporting

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Atkins Nutritionals is a food/FMCG company in NorthAmerica with a revenue of approximately $500 million. They were facing several challenges related to their financial consolidation process, including dealing with 4 different accounting systems, manual trial balance merging, and the need for additional controls on compliance and external reporting as they were about to go public

Business Need

Atkins Nutritionals needed a solution that could provide them with consolidated financials from 4 different accounts systems and 6 different currencies. They required automation, efficiencies, and better reporting capabilities, along with additional controls on compliance and external reporting

Snapshot

·     FCCS (Financial Close and Consolidation CloudService)

·     Integrated Financials

·     Close and Audit Reporting

Technologies Used

Business Solution:

DIMCONused its rapid development model to implement FCCS, providing AtkinsNutritionals with consolidated financials from 4 different accounts systems and6 different currencies. The implementation of FCCS improved their financialconsolidation process, internal and external reporting capabilities, andautomated eliminations. This helped to increase overall optimization in thewhole process

Key Benefits Achieved

DIMCON's solution helped Atkins Nutritionals achieve the following key benefits:

Consolidatedview from four different ERP's

·     Automated eliminations

·     Faster data availability

·     Integrated Financials

·     Close and Audit reporting

Key Benefits Achieved

DIMCON's solution helped Eminent Group achieve the following key benefits:

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Deliver instant answers

Manage your team

Connect with customers

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About Dimcon

We at DIMCON are an Oracle Gold Partner and a provider of IT services that is minority and diversely owned. Our focus is on Business Process Transformation,Cloud Strategy, Sales Force, Oracle Cloud, and Application Development andMaintenance Services (ADMS). We specialize in providing Onsite, Offsite, andOffshore Consulting services, with a talent pool of over 100 highly skilled and dedicated technical consultants and recruiters

AtDIMCON, we take a customer-centric approach to our services, ensuring that our clients receive prompt and accurate responses, meet their deadlines, and have access to 24/7 support solutions and services. We are committed to providing the best possible solutions to our clients and are always looking for ways to improve their business processes and overall performance

If you're looking for a trusted and reliable partner to help you with your IT needs, look no further than DIMCON. Contact us today to learn more about our services and how we can help your business thrive

Atkins Nutritionals

Full name
11 Jan 2022
5 min read

We at DIMCON are an Oracle Gold Partner and a provider of IT services that is minority and diversely owned. Our focus is on Business Process Transformation,Cloud Strategy, Sales Force, Oracle Cloud, and Application Development andMaintenance Services (ADMS). We specialize in providing Onsite, Offsite, andOffshore Consulting services, with a talent pool of over 100 highly skilled and dedicated technical consultants and recruiters

AtDIMCON, we take a customer-centric approach to our services, ensuring that our clients receive prompt and accurate responses, meet their deadlines, and have access to 24/7 support solutions and services. We are committed to providing the best possible solutions to our clients and are always looking for ways to improve their business processes and overall performance

If you're looking for a trusted and reliable partner to help you with your IT needs, look no further than DIMCON. Contact us today to learn more about our services and how we can help your business thrive

Table of contents

Client Introduction

Atkins Nutritionals is a food/FMCG company in NorthAmerica with a revenue of approximately $500 million. They were facing several challenges related to their financial consolidation process, including dealing with 4 different accounting systems, manual trial balance merging, and the need for additional controls on compliance and external reporting as they were about to go public

Business Need

Atkins Nutritionals needed a solution that could provide them with consolidated financials from 4 different accounts systems and 6 different currencies. They required automation, efficiencies, and better reporting capabilities, along with additional controls on compliance and external reporting

Snapshot

·     FCCS (Financial Close and Consolidation CloudService)

·     Integrated Financials

·     Close and Audit Reporting

Business Solution

DIMCONused its rapid development model to implement FCCS, providing AtkinsNutritionals with consolidated financials from 4 different accounts systems and6 different currencies. The implementation of FCCS improved their financialconsolidation process, internal and external reporting capabilities, andautomated eliminations. This helped to increase overall optimization in thewhole process

Key Benefits Achieved

DIMCON's solution helped Atkins Nutritionals achieve the following key benefits:

Consolidatedview from four different ERP's

·     Automated eliminations

·     Faster data availability

·     Integrated Financials

·     Close and Audit reporting

About Dimcon

We at DIMCON are an Oracle Gold Partner and a provider of IT services that is minority and diversely owned. Our focus is on Business Process Transformation,Cloud Strategy, Sales Force, Oracle Cloud, and Application Development andMaintenance Services (ADMS). We specialize in providing Onsite, Offsite, andOffshore Consulting services, with a talent pool of over 100 highly skilled and dedicated technical consultants and recruiters

AtDIMCON, we take a customer-centric approach to our services, ensuring that our clients receive prompt and accurate responses, meet their deadlines, and have access to 24/7 support solutions and services. We are committed to providing the best possible solutions to our clients and are always looking for ways to improve their business processes and overall performance

If you're looking for a trusted and reliable partner to help you with your IT needs, look no further than DIMCON. Contact us today to learn more about our services and how we can help your business thrive