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Case Study: ATN Corp transformed multi-entity consolidation from one week to one day

ATN Corp Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
ATN Corp
Industry
Manufacturing
Challenge
Multi-entity consolidation took a full week
Headline result
Digital-optics manufacturer ATN Corp cut its monthly multi-entity consolidation by roughly 80%, from seven days to one or two.

Key results

80%
Reduction in monthly consolidation time
7→1-2 days
Consolidation cycle
70+
Intercompany adjustments automated

The challenge

ATN Corp's monthly consolidation across multiple entities required manually handling more than 70 intercompany adjustments and took about seven days.

The solution

The company adopted Datarails to automate intercompany adjustments and consolidate its multi-entity financials in one place.

We shortened our monthly consolidation process from seven days to one, maybe two days.

IB
Igor Baglyk
Group CFO, ATN Corp

The results, in context

ATN Corp reduced its monthly consolidation process by roughly 80%, from seven days to one or two, with more than 70 intercompany adjustments automated.

Products used

Datarails Datarails FinanceOS