List of IFS Finance Consolidation Customers
IFS
Teknikringen 5, Box 1545,
Linkoping, 583 30,
Sweden
Linkoping, 583 30,
Sweden
46 13460 3600
Professional Services
7000
$1.7B
Since 2010, our global team of researchers has been studying IFS Finance Consolidation customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased IFS Finance Consolidation for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using IFS Finance Consolidation for Financial Consolidation and Close include: Babcock International Group, a United Kingdom based Aerospace and Defense organisation with 28343 employees and revenues of $5.70 billion, Aston Martin, a United Kingdom based Manufacturing organisation with 3300 employees and revenues of $2.13 billion, Energo-Pro, a Czech Republic based Utilities organisation with 9152 employees and revenues of $1.14 billion, Heaven Hill Distilleries, a United States based Consumer Packaged Goods organisation with 420 employees and revenues of $500.0 million, AOA Apparatebau Gauting, a Germany based Manufacturing organisation with 300 employees and revenues of $120.0 million and many others.
Contact us if you need a completed and verified list of companies using IFS Finance Consolidation, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The IFS Finance Consolidation customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Amphenol Alden | Manufacturing | 350 | $80M | United States | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2014 | n/a |
Amphenol Alden implemented IFS Finance Consolidation in 2014, deploying a Financial Consolidation and Close solution to centralize corporate consolidation and statutory reporting. The implementation targeted corporate finance and group reporting functions across the company, aligning the application name IFS Finance Consolidation with Financial Consolidation and Close responsibilities for consolidated period close and disclosure package preparation.
The deployment configured core consolidation capabilities including a consolidation engine, intercompany elimination routines, currency translation, configurable consolidation rules, and consolidated financial reporting modules. IFS Finance Consolidation was configured to support recurring close activities and task orchestration, with scheduled batch consolidations and validation controls to enforce accounting policies during the close cycle.
Operational integration emphasized automated data inflows from site level general ledger systems and chart of accounts mappings, using structured data import and validation feeds to populate consolidation ledgers. Data staging, reconciliations, and exception reporting were implemented as part of the consolidation pipeline to support journal adjustments and elimination entries prior to final reporting.
Governance was established around a central finance team that managed consolidation rules, role based access, and audit trails within IFS Finance Consolidation. Process changes included a standardized close calendar, defined approval workflows for intercompany and adjusting journals, and documented consolidation control points to support consistent monthly and quarterly close procedures.
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AOA Apparatebau Gauting | Manufacturing | 300 | $120M | Germany | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2010 | n/a |
In 2010, AOA Apparatebau Gauting implemented IFS Finance Consolidation to centralize group close and statutory reporting. The deployment addressed Financial Consolidation and Close needs for corporate finance and accounting, positioning IFS Finance Consolidation as the single consolidation engine for legal and management reporting across the company.
The implementation configured core consolidation modules including currency translation, automated intercompany elimination, consolidation adjustments, statutory reporting and an auditable journal posting workflow. Configuration work focused on rule-driven consolidation logic, a close calendar to orchestrate period end tasks, and validation controls to reduce manual reconciliations.
Data flows were established to ingest general ledger and subledger balances from the companys ERP and site accounting systems, using mapping and validation layers to standardize incoming financial ledgers. Operational coverage included corporate finance, accounting and site controllers across AOA Apparatebau Gautings German manufacturing operations, with automated consolidation runs and report distribution to management and statutory stakeholders.
Governance changes centralized consolidation ownership within finance, introduced standardized close and reconciliation processes, and enforced audit trails for adjustments and eliminations. AOA Apparatebau Gauting reported an operations lift with IFS, reflecting tighter control over the close cycle and a consolidated reporting baseline provided by IFS Finance Consolidation.
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Aston Martin | Manufacturing | 3300 | $2.1B | United Kingdom | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2017 | n/a |
In 2017, Aston Martin implemented IFS Finance Consolidation. IFS Finance Consolidation was deployed as the Financial Consolidation and Close solution to centralize group close, statutory consolidation and financial reporting across the company.
The application sits within Aston Martin’s broader IFS application landscape, which includes Finance, Supply Chain including Warehouse Data Collection, Engineering & Product Design, Manufacturing, Document Management, Quality Management and CRM. IFS Finance Consolidation was configured to align with these modules, supporting consolidated ledgers, intercompany eliminations, period end adjustments and multi currency translation as part of standardized close workflows.
Deployment scope focused on corporate finance and group reporting functions, with transactional feeds and balance data originating from the IFS Finance and Supply Chain modules and manufacturing systems within the same IFS suite. Integrations were realized inside the IFS environment to preserve a single source of transactional truth for consolidation purposes, reducing the need for external data handoffs.
Governance emphasized standardized close calendars, reconciliations and consolidated reporting workflows under the finance organization, with IFS Finance Consolidation orchestrating period close sequencing and audit trails. Configuration centered on consolidation rules, mapping and validation routines to ensure continuity from operational ledgers to group financial statements.
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Babcock International Group | Aerospace and Defense | 28343 | $5.7B | United Kingdom | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2019 | n/a |
In 2019, Babcock International Group implemented IFS Finance Consolidation. The deployment targeted group accounting and statutory close processes using the IFS Finance Consolidation application within the Financial Consolidation and Close category.
The implementation focused on core consolidation modules and close orchestration, configured to enforce consolidation rules, multicurrency translation methodologies, and automated intercompany elimination logic. Configuration included automated period-end journal generation, consolidation journal posting, close workflow orchestration and control, and consolidated management and statutory reporting with drill-down audit trails. The IFS Finance Consolidation implementation emphasized reconciliations, audit logging, and configurable consolidation hierarchies to represent Babcock's group structure.
Governance and operating model adjustments accompanied the technical configuration, with emphasis on qualified accounting stewardship. The project specification notes a preference for ACA, ACCA or CIMA qualified accountants to manipulate and present consolidation data for review, and experience with IFS finance system is listed as desirable. Role based access, period close calendars, and data validation checkpoints were described as key controls in the close governance model.
Operational scope centered on Babcock's corporate and business unit finance functions, consolidating reporting for group finance and statutory reporting cycles. The deployment positioned IFS Finance Consolidation as the centralized control layer for period close and consolidated financial statements within the Financial Consolidation and Close domain.
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Energo-Pro | Utilities | 9152 | $1.1B | Czech Republic | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2014 | n/a |
In 2014 Energo-Pro signed a contract with IFS and commenced implementation of IFS Finance Consolidation, a targeted deployment within the Financial Consolidation and Close category to standardize the group close and consolidation routines. The program was positioned to centralize consolidation workflows, currency translation, intercompany eliminations, and close orchestration across corporate reporting units.
Energo-Pro built an internal implementation team comprised of stakeholders responsible for the company’s primary operational domains, including finances, logistics, maintenance and human resources, and designated those key system users to deliver training to end users. Consultants from IFS Ukraine also took part in the implementation project, supporting configuration, functional testing and user enablement activities for IFS Finance Consolidation.
The IFS Finance Consolidation system went fully live in 2017, and since the go-live each and every process of Energo-Pro Georgia has been supported by IFS Applications. Governance shifted toward consolidated close routines and user-driven change control led by the internal implementation team, with ongoing operational support informed by the initial IFS consulting involvement.
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Professional Services | 200 | $20M | United States | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2018 | n/a |
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Consumer Packaged Goods | 420 | $500M | United States | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2003 | n/a |
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Buyer Intent: Companies Evaluating IFS Finance Consolidation
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating IFS Finance Consolidation. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively Evaluating IFS Finance Consolidation for Financial Consolidation and Close include:
- International Container Terminal Services, a Philippines based Transportation organization with 11773 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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FAQ - APPS RUN THE WORLD IFS Finance Consolidation Coverage
IFS Finance Consolidation is a Financial Consolidation and Close solution from IFS.
Companies worldwide use IFS Finance Consolidation, from small firms to large enterprises across 21+ industries.
Organizations such as Babcock International Group, Aston Martin, Energo-Pro, Heaven Hill Distilleries and AOA Apparatebau Gauting are recorded users of
IFS Finance Consolidation for Financial Consolidation and Close.
Companies using IFS Finance Consolidation are most concentrated in Aerospace and Defense, Manufacturing and Utilities, with adoption spanning over 21 industries.
Companies using IFS Finance Consolidation are most concentrated in United Kingdom, Czech Republic and United States, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of IFS Finance Consolidation across Americas, EMEA, and APAC.
Companies using IFS Finance Consolidation range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 57.14%, large organizations with 1,001-10,000 employees - 28.57%, and global enterprises with 10,000+ employees - 14.29%.
Customers of IFS Finance Consolidation include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified IFS Finance Consolidation customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Financial Consolidation and Close.