Financial statement consolidation and distribution

Purpose

1. Automate the process of gathering, consolidating, and distributing financial statements across corporate entities, divisions, and mining sites.

2. Ensure automated data extraction, transformation, and standardized financial report generation for internal and external distribution.

3. Support regulatory compliance, investor relations, executive oversight, and efficient resource allocation by automating manual aggregation and dissemination tasks.

4. Enable the automation of multi-currency consolidation, intercompany eliminations, and automated report delivery to relevant stakeholders.

Trigger Conditions

1. Scheduled automation (e.g., monthly, quarterly, annually) to initiate financial statement aggregation.

2. Automated trigger from finalized period close in ERP or accounting software.

3. Manual user-triggered automation for on-demand statement review.

4. Changes or approvals in transaction logs auto-triggering the consolidation workflow.

Platform Variants

1. SAP S/4HANA

• Function: Finance API (GET /financial-statements); automate scheduled data pulls.
  

2. Oracle Fusion Cloud Financials

• Function: REST API /GLFinancialReports; automatedly aggregate financial report data.
  

3. Microsoft Dynamics 365 Finance

• Feature: OData endpoint /FinancialStatements; automates export for consolidation.
  

4. QuickBooks Online

• Endpoint: Reports API /profitandloss; automate statement fetch and push to aggregator.
  

5. Xero

• Function: Reports API /Reports/ProfitAndLoss; automating financial report extraction.
  

6. Netsuite

• Feature: SuiteTalk SOAP API getFinancialStatements; automate consolidated reporting.
  

7. Sage Intacct

• Feature: Financial Report API /reporting/financial; automates data movement.
  

8. FreshBooks

• Function: Accounting API /reports; automate report generation and export.
  

9. BlackLine

• Feature: Consolidation Task API; automating consolidation status updates & exports.
  

10. Google Sheets (as data aggregator)

• Feature: Apps Script ImportData(); automate financial data import and transformation.
  

11. Microsoft Excel 365 Online

• Feature: Office Scripts & Power Automate “Run script”; automate consolidation macros.
  

12. Workiva

• API: Connections “Update Statements”; automate collection of statements from multiple entities.
  

13. Diligent Governance Cloud

• Integration: Financial Statements Upload API; automate report distribution to boards.
  

14. Dropbox Business

• Feature: Files API /upload; automate storing and sharing consolidated documents.
  

15. Box

• API: File Upload & Sharing; automate file distribution to recipients.
  

16. Google Drive

• Function: Drive API /files.create; automate report delivery to shared drives.
  

17. SharePoint Online

• API: Documents List /_api/web/lists; automate uploading and versioning financial reports.
  

18. Slack

• Feature: Messaging API chat.postMessage; automated financial report announcement.
  

19. Microsoft Teams

• Feature: Graph API /teams/sendActivity; automates report notifications.
  

20. Email (SendGrid)

• Function: Mail Send API /mail/send; automate distribution of financial statements to stakeholders.
  

Benefits

1. Automates manual consolidation, reducing labor and error risk.

2. Accelerates financial statement distribution and compliance reporting through automation.

3. Enables scalable, repeatable, and audit-ready automated flows for corporate mining finance teams.

4. Facilitates automatable real-time access to consolidated data for better decision-making.

5. Enhances data security, compliance, and document tracking by automating distribution to approved recipients.