Audience
Finance and accounting teams requiring a solution to automate complex, multi-entity consolidation and elimination reporting across hierarchical structures
About CloseCoda
CloseCoda is a purpose-built consolidation solution for Workday Financials designed to address multi-level hierarchy waterfalls and elimination challenges that native Workday lacks. It automates the preparation of consolidated trial balances and reports across multiple entities, levels, and periods, enabling companies with complex structures to close faster and with greater accuracy. With automation built for effective data consolidation, sub-level eliminations, and large column counts, CloseCoda can be configured to your business design, works as a turnkey tool during implementation or post-go-live, and offers subscription-based ongoing utility. Clients report savings in consolidation efforts, with deployments often achieved in 3-5 business days. The system simplifies implementation, supports enterprise-level reporting across multiple projects or portfolio companies, and brings consistent, reliable consolidated data without manual effort.