List of Microsoft Dynamics 365 Business Central Consolidation Customers
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Since 2010, our global team of researchers has been studying Microsoft Dynamics 365 Business Central 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 Microsoft Dynamics 365 Business Central 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 Microsoft Dynamics 365 Business Central Consolidation for Financial Consolidation and Close include: Weichert, Realtors, a United States based Construction and Real Estate organisation with 10000 employees and revenues of $2.20 billion, Tinopolis, a United Kingdom based Media organisation with 567 employees and revenues of $290.0 million, Renfro Corporation, a United States based Professional Services organisation with 1500 employees and revenues of $250.0 million, J.W. Logistics, a United States based Transportation organisation with 250 employees and revenues of $30.0 million and many others.
Contact us if you need a completed and verified list of companies using Microsoft Dynamics 365 Business Central 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.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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J.W. Logistics | Transportation | 250 | $30M | United States | Microsoft | Microsoft Dynamics 365 Business Central Consolidation | Financial Consolidation and Close | 2020 | n/a |
In 2020, J.W. Logistics implemented Microsoft Dynamics 365 Business Central Consolidation to support Financial Consolidation and Close. The implementation centralized consolidation and periodic financial reporting for the companys finance organization and established a single application for GL close orchestration, account reconciliation control, and consolidated financial statement generation.
The rollout included configuration of consolidation and reporting modules, formalized balance sheet account reconciliation reviews, and orchestration of month end and quarter close activities. The project migrated transactional data and chart of accounts from QuickBooks into Microsoft Dynamics 365 Business Central Consolidation, and configured consolidation mappings and intercompany elimination rules aligned with US GAAP. Operational controls and close workflows were applied across GL, AP, and AR Cash Application teams, with direct operational leadership over three professional and three non professional staff to support daily close activities.
Governance changes established regular cross team staff meetings, standardized reconciliation review workflows, and audit support procedures to ensure integrity of financial results according to corporate policy and US GAAP. The implementation supported external audit readiness and contributed to an improved year end financial audit opinion, moving from material weakness to unqualified in the first year. Overall the deployment institutionalized Financial Consolidation and Close processes and strengthened ongoing close governance and reconciliation discipline.
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Renfro Corporation | Professional Services | 1500 | $250M | United States | Microsoft | Microsoft Dynamics 365 Business Central Consolidation | Financial Consolidation and Close | 2020 | n/a |
In 2020 Renfro Corporation implemented Microsoft Dynamics 365 Business Central Consolidation as its Financial Consolidation and Close solution to centralize corporate accounting, the financial shared services center, and consolidation across four operating businesses with aggregate revenues exceeding $500 million. The deployment was positioned to manage daily financial operations, consolidation timing, and the preparation of monthly, quarterly, and annual financial statement packages for the corporate entity and operating companies.
Microsoft Dynamics 365 Business Central Consolidation was configured to support core consolidation workflows common to the Financial Consolidation and Close category, including general ledger close orchestration, intercompany eliminations, foreign currency translation and consolidated reporting. The implementation consolidated multiple financial systems into one integrated Microsoft Dynamics 365 platform, executed as three major system conversions with staggered conversion dates aligned to each operating company.
Operational coverage included corporate accounting, accounts payable, the financial shared services center and internal audit, with direct management of a corporate finance team of six and dotted line oversight of approximately 25 operating company accounting professionals. The project served as the central technical accounting resource for the CFO and divisional VPs, and the platform was used to aggregate financial data for four separate annual audits conducted by external auditors.
Governance and process workstreams accompanied the technical deployment, with corporate wide accounting policies and procedures established to standardize consolidation rules and close cadence across operating units. The implementation included documented assessments and system support for new accounting pronouncements, specifically revenue recognition guidance ASC 606 and ASC 340-40, and lease accounting under ASC 842, and maintained an effective system of internal and financial controls.
The engagement improved the consolidated monthly close and actual financial reporting processes, increasing consistency and accuracy across the company as stated by the finance leadership. Microsoft Dynamics 365 Business Central Consolidation supported centralized financial reporting, audit coordination and the timely production of consolidated financial statements for corporate and operating company stakeholders.
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Tinopolis | Media | 567 | $290M | United Kingdom | Microsoft | Microsoft Dynamics 365 Business Central Consolidation | Financial Consolidation and Close | 2018 | n/a |
In 2018 Tinopolis implemented Microsoft Dynamics 365 Business Central Consolidation as its Financial Consolidation and Close application to centralize multi-currency, multi-tiered consolidation workflows. The project was led from London and Llanelli and documented as a d EPM Financial Consolidation implementation with full end to end configuration and testing across regional finance teams.
Microsoft Dynamics 365 Business Central Consolidation was configured to support consolidation rules, currency translation, and tiered rollup logic consistent with Financial Consolidation and Close functionality. Bespoke processes were built to handle varying methods of cost reallocation based on business unit, and the design emphasized configurable consolidation mappings and audit trails for period close activities.
An ETL process was built to consolidate ledger data from geographically distributed ledger systems, explicitly ingesting data from SunSystems instances in the UK and USA and from Sage in the UK. The integration design included staged ledger extraction, transformation and ledger mapping to the consolidation chart, and reconciling feeds to support periodic closes across the group.
Governance and rollout centered on coordinated end to end testing and configuration validation with finance and accounting stakeholders in London and Llanelli, embedding the consolidation processes into existing period close workflows. Documentation captured the custom cost reallocation rules and data mapping logic to support ongoing maintenance of the consolidation solution.
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Construction and Real Estate | 10000 | $2.2B | United States | Microsoft | Microsoft Dynamics 365 Business Central Consolidation | Financial Consolidation and Close | 2019 | n/a |
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Buyer Intent: Companies Evaluating Microsoft Dynamics 365 Business Central Consolidation
- Inkey IT Solutions, a India based Professional Services organization with 70 Employees
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