Nextera is a highly dynamic business, growing at a clipped pace. With market capitalization of more than $100 billion, Nextera is the world's largest utility company, employing more than 14,000 people.
Financial Consolidation Challenge: Nextera's system needed to support 1000 legal entities and over 200 sub-Consolidations, with functionality that included data extraction from ECC-FI, Inter-company Eliminations, Consolidation of Investments, Manual Journals, and Financial Statement Generation for internal and external reporting. Nextera's management team required accurate and fast reporting to make decisions around their rapidly growing company and changing sector environment. Breakwater Services Solutions: Our consultants worked along side a team of employees to deliver a functioning solution on time and under budget. First and foremost, we used our extensive accounting and finance backgrounds to understand the business units and how they fit together. Combined with 20+ years of technical experience, we were able to provide management with on time and accurate reporting. |