On October 23, 2019, the Taiwan Stock Exchange issued a letter to all corporate groups, emphasizing the importance of strengthening corporate governance and reiterating that the preparation of financial reports (including the four major financial statements, all notes, and appendices) is the responsibility of the company’s management. Corporate groups are required to independently prepare their financial reports to align with the principles of corporate governance.

The Group Consolidated Reporting System (GCRS) assists enterprises in independently and efficiently producing group consolidated reports that meet the regulatory requirements of supervisory authorities. This system enhances the quality and transparency of financial report information while enabling enterprises to conduct consolidated data analysis at any time, easily providing multi-dimensional financial management insights.

GCRS Wins WITSA 2019 Global ICT Excellence Award for Outstanding Digital Innovation

The award evaluation focused on four key dimensions:

1. Global Impact/Potential
   • The system complies with International Financial Reporting Standards (IFRS), assisting corporate groups in producing consolidated financial reports.
2. Scalability
   • The system generates multi-dimensional, multi-perspective business management reports anytime.
3. Innovative Features and Functionalities
   • Provides related party transaction reconciliation statements and detailed working papers, allowing users and accountants to easily understand the system's comprehensive computation process and data linkage.
   • Requires no customization; the product is ready for use immediately upon installation, differentiating it from similar systems that require interviews and customizations.
4. Proven Solution
   • Adopted by 150 publicly listed corporate groups for preparing consolidated financial reports.
   • Assists nearly 4,500 companies in collecting financial data and processing related party transaction eliminations.

GCRS Offers Features Beyond Your Expectations:

With GCRS, you can effortlessly handle a variety of tasks, including:

• Consolidation working papers
• Consolidated cash flow statement working papers
• Investment income conversion and accumulation calculation working papers
• Internal transaction reconciliation statements
• Financial ratio analysis reports
• Multiple audit reports
• Various adjustment journal entries
• Multi-ledger accounting systems

All these functions can be easily accomplished within the GCRS platform.

No matter how reports were previously prepared, you can start fresh from now. Let GCRS help you standardize the consolidation reporting process, reduce errors, and enhance the reporting capabilities of your financial and accounting personnel.

With GCRS, you no longer need to worry about overwhelming data volumes. Leave all the checks, audits, and controls to us, and enjoy peace of mind and ease.

Endless interconnected numbers that can't be explained clearly? Say goodbye to frustrating explanations and let GCRS working papers clarify everything for you.

Stop cutting and pasting to create reports. With GCRS, all you need to do is select conditions and export the reports. Yes, it’s that simple—easily complete tasks assigned by your superiors.

You don’t need to worry about learning complex IT knowledge to use GCRS, such as custom functions, formula settings, dimensions, or measures. GCRS is fully designed to align with the current consolidation reporting processes used by accounting professionals, presenting its functionalities in straightforward and easily understandable accounting terms.

We not only provide comprehensive system functionalities but also offer professional implementation services. By using real-world data from enterprises, our expert consulting services and implementation processes gradually integrate manual tasks into system scenarios, enabling financial and accounting personnel to transition to the system seamlessly and painlessly.

A good system not only provides convenience to users but also relies on robust after-sales support. M-Power offers not only a dedicated after-sales service hotline and email support but also a product exchange platform, regular training sessions, and upgrade training programs, ensuring our customers receive comprehensive service and support.

GCRS is trusted by over 330 corporate groups, backed by extensive client interaction experience and powerful system functionality. System implementation requires no interviews and can be used directly for report preparation. It is compatible with various ERP systems used by different entities within a group and is supported by comprehensive customer service. Join us now!

Choose GCRS Group Consolidated Reporting System to Enhance Group Competitiveness