CORE = Corporate Operations & Reporting Engine

Group numbers as of today, explainable down to the single entry.

P&L, balance sheet and cash flow per entity and for the group, in one model. From actuals to plan without a system break – and your data never leaves your company.

Use case · Group planning Planning rounds across dozens of entities – with Excel still running alongside

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Group accounts · example FY 2028 · consolidated

Group revenue PL01 0.0€m

EBITDA PL_EBITDA 0.0€m

Total assets BS_TOTAL 0.0€m

Free cash flow CFS_FCF 0.0€m

Balance sheet identity assets − equity & liabilities 0.00

IC elimination net 0.00

Cash flow check total CFS165 0.00

A product of just experts

The problem

What costs you time today and delays decisions.

The causes

Separate models, separate systems – and manual work in between.

Three files, one truth?

P&L, balance sheet and cash flow sit in separate Excel models. Every update forces manual reconciliation, and every reconciliation produces new errors.

Consolidation on request

IC eliminations, minority interests and §307 adjustments are carried out by hand. That is error-prone, not reproducible and hard for anyone outside to follow.

Every entity works differently

One subsidiary on the ERP, the next on DATEV, the acquired one on a legacy system. Collecting, mapping and consolidating across those worlds is done by hand – every month again.

Forecast always too late

Scenarios only take shape at month-end, because every assumption has to be maintained across all sub-models. The basis for the decision is out of date before it arrives.

The consequences

They show up in the monthly close, in day-to-day steering and, at the latest, in the audit.

Numbers that are already old

The reliable actuals close arrives weeks after month-end. In the meantime the business is steered on gut feel, because nobody actually knows where things stand.

Busywork instead of analysis

A large part of the finance team repeats the same steps every month: collect, reconcile, adjust, format. Whatever is left over goes into the actual analysis.

“Where does this number come from?”

The variance is in the report, the document behind it three systems away. By the time the department has an answer, the question from the management board has long gone cold.

The audit costs days

When the auditor questions a figure, the hunt for the source document begins. Without a complete log there is no quick answer.

The solution

One model. Every source. One continuous process.

CORE – the cloud-based FP&A and consolidation engine from just experts – connects to whatever runs in your entities: from the ERP to the database that grew over the years. Sub-planning, actuals import and consolidation come together in one engine. P&L, balance sheet and cash flow calculate as a single system – per entity and across the whole group.

Inputs

ERP, SAP, DATEV On-prem DBs & legacy systems Sub-plans per entity Group structure & ownership

CORE

Corporate Operations & Reporting Engine

Balance sheet identity = 0.00 IC elimination All consolidation stages Parity: calculated twice

Output

P&L, balance sheet, cash flow – daily Plan, forecast & scenarios Consolidated group accounts Views tailored to each audience

Capabilities

What your finance team gets out of it.

No separate tools for planning, consolidation and reporting. CORE holds P&L, balance sheet and cash flow together in one integrated model, checks every figure against the balance sheet identity, and takes the work that repeats every month off your team.

Transparency down to the detail

P&L, balance sheet and cash flow as of today – and a path from any figure down to the individual journal entry.

Figures as of today, not last month’s review
Drill-down to the entry and the document
Plan-versus-actual variance at every level
Dimensions site / cost centre / cost unit

Planning without a system break

One continuous process from actuals to plan. Every plan version is stored and stays comparable.

Actuals drive the plan directly
Plan versions persisted and versioned
Compare any two plan versions
Workforce, capex and tax planning

Group planning across every entity

Every entity plans in its own structure, and the model still calculates as one group – including ownership percentages, consolidation groups and non-calendar financial years.

3-statement model per entity and for the group
Sub-planning by site / cost centre / cost unit
Ownership percentages and consolidation groups
Non-calendar financial year per entity

Group consolidation

From the single entity to the group. Four consolidation stages, account by account and fully traceable.

IC elimination, account-level & symmetrical
Minority interests under §307 HGB
Cash flow statement under DRS 21
Group view across all stages

Time you get back

The repetitive work in the finance department largely disappears. That is the fastest route to ROI.

Import, mapping and reconciliation automated
Consolidation at the push of a button
Faster decisions, tighter steering
More analysis, less number shuffling

Everyone sees what they need

Audience-specific views through a role and permission model. One single truth, but not the same view for everyone.

Role-based access control RBAC
Views per entity, function and role
Approvals with four-eyes principle
No more distributing Excel files by mail

Grows with your organisation

CORE is not a finance-only island. The platform can be extended with modules from other departments.

Further modules can be added, e.g. workforce planning
Your own metrics and dimensions
New entities without breaking the model
No second platform needed

Cora, your AI co-pilot

Questions in plain language, answers with numbers. Cora guides you through analysis and consolidation, explains every variance and jumps straight to the document behind it. How your data stays out of the language model is explained under For IT.

Guided analysis & onboarding
Explanations in natural language
Jump straight to document & origin
White-label to your corporate design

Group consolidation

IC elimination. Account by account. Automatic. Traceable.

CORE reconciles intercompany transactions automatically, eliminates them account by account and logs every step. No manual intervention, and the balance is exact.

IC receivables & payables eliminated symmetrically
IC revenue & expense at account and entry level
Minority interests under §307 HGB reported automatically
Net IC balance always 0.00, enforced as a system check
All four consolidation stages in one group view

Item	Account	Amount	Status
Subsidiary Ltd → Group plc IC receivable	20201	+2,380,000	✔ eliminated
Group plc → Subsidiary Ltd IC payable	33001	−2,380,000	✔ eliminated
Subsidiary II → Subsidiary Ltd IC revenue	80001	+840,000	✔ eliminated
Subsidiary II → Subsidiary Ltd IC expense	68001	−840,000	✔ eliminated
Net IC balance		0.00	✔ balanced

Audit trail

The auditor asks. CORE answers in three clicks.

Every change, every approval, every system check is logged immutably – with timestamp, user and value. No step is lost.

Complete history of every figure back to its source document
Automatic check logs for balance sheet identity and cash flow
Approval workflow with four-eyes principle
Audit log immutable, not editable after the fact

Audit log · FY 2028 IMMUTABLE

14 Mar 09:12 Müller, K. PL01 group revenue changed +1,240,000 €

14 Mar 09:13 System Balance sheet identity checked = 0.00 ✔

15 Mar 11:47 Weber, A. IC elimination approved −2,380,000 €

15 Mar 11:48 System Cash flow check total CFS165 = 0.00 ✔

15 Mar 14:22 Schmidt, B. Group accounts FY 2028 approved ✔ Final

How it works

From source systems to steering, in three steps.

Model the group structure

Set up entities, ownership percentages and planning dimensions once. From then on CORE knows every consolidation group and every intercompany relationship.

Connect the source systems

ERP, SAP, DATEV, an on-prem database or an in-house system – with CSV/XLSX as a fallback. CORE pulls the entries into the model, checks them against the balance sheet identity and sets up plan-versus-actual and IC reconciliation automatically.

Plan, consolidate, report

P&L, balance sheet and cash flow reconcile automatically. Multi-year, scenario, group accounts – and every role gets its own view of them. Audit-ready, up to date, at the push of a button.

For your role

One truth, for every perspective in the group.

One entity or a group of several: CORE calculates in the structure you have, and grows with you when entities are added. It speaks the language of the CFO, controlling and the auditor at the same time, because they all look at the same numbers.

CFO

A set of numbers you can rely on instead of a patchwork of spreadsheets. Plan, actuals and forecast interlocked in one model. Up to date, close to audit standard and explainable down to the single document.

CEO

Decisions based on a consolidated group picture, not only at quarter-end. Scenarios and multi-year effects at the push of a button.

Controlling

Consolidation, IC elimination and reporting automated. The repetitive work disappears, leaving time for analysis instead of manual reconciliation.

Auditor

A complete audit trail: the origin of every figure, every change logged, the IC balance checked to zero. Three clicks instead of three days of searching.

Supervisory board

The consolidated group picture is always available, independent of the controlling bottleneck at quarter-end. Scenarios and KPIs with no waiting.

IT & digitalisation

The data stays in an environment you control. Anything running in-house can be connected – including on-prem and legacy. Permissions, roles and logging from one system.

For IT

Secure enough to sign off, open enough for your system landscape.

The business decides on the value, IT decides on the sign-off. CORE is built so both can say yes: the data stays inside the company, the AI only ever sees it anonymised, and even the systems that grew over the years can be connected.

Your data never leaves your company

CORE runs in an environment you control. No export to a vendor, no shared multi-tenant database, no stop-over at a third party.

Runs in your own cloud environment
No data flowing to third parties
Role and permission model RBAC
Immutable log of every change

AI without giving your data away

The AI assistant Cora is on board – but your data does not go to an external language model unfiltered. In between sits a layer that anonymises it first.

Anonymisation before every model call
AI layer designed for GDPR compliance
No plain-text records at the model provider
Traceable: which question triggered what

Everything connects, not just the standard

Many vendors manage SAP and DATEV – and stop there. CORE also connects what grew over the years: on-premise databases, in-house developments, legacy systems without a modern interface.

SAP, DATEV and other ERP systems
On-premise databases
In-house systems that grew over time
CSV / XLSX as a fallback

Security

Every figure calculated twice. Every balance sheet reconciles to zero.

CORE calculates every figure in two independent engines and checks the result against hard invariants: balance sheet identity, IC netting and check totals must come to exactly zero, or no number gets through.

= 0.00

Balance sheet identity as a gate: assets minus equity and liabilities, always.

2×

Parity: front-end engine ⇄ back-end calculate identically.

Runs in your Azure environment, GDPR compliant.

HGB

DRS 21 · §307 · §300 et seq., close to audit standard.

assert CFS165 == 0: the cash flow check total is part of the deployment, not of wishful thinking.

Team