List of IFS Finance Consolidation Customers
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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 | Insight Source |
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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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Aerospace and Defense | 28343 | $5.7B | United Kingdom | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2019 | n/a |
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Utilities | 9152 | $1.1B | Czech Republic | IFS | IFS Finance Consolidation | Financial Consolidation and Close | 2014 | n/a |
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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
- International Container Terminal Services, a Philippines based Transportation organization with 11773 Employees
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