Meridian

GAAP conversion,
without rebuilding your core system.

If your group has subsidiaries reporting under different local GAAPs, every close cycle means weeks of manual conversion work in Excel. Meridian handles it instead. The mapping lives outside your ERP or core banking system, with a full audit trail.

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The problem

Manual GAAP conversion is slow, error-prone, and not compliant.

Groups with subsidiaries reporting under different standards (IFRS, HGB, FRS 102, ARL) typically convert between them using hand-built Excel models. The same work gets repeated every period.

Time-consuming

Days of work per entity, every close. The same mapping rebuilt from scratch each period.

Error-prone

Formulas break and versions drift. There is no audit trail, and fixing a mistake often means starting over.

Not compliant

Ad-hoc spreadsheets don't meet local GAAP audit or documentation requirements.

The solution

There are two approaches.

The classic approach

Rebuild the core system.

Implement every local GAAP directly inside SAP, your ERP, or core banking system. Cost: millions. Timeline: years. Maintenance: permanent.

The Meridian way

Convert outside the core.

Meridian handles GAAP conversion and group consolidation outside the core system. AI proposes the account mappings, your team reviews and accepts them. Every conversion is auditable, and adapting to changes in accounting standards takes hours rather than months. Your core ledger stays untouched.

Example scenario

A typical multi-jurisdiction group.

Imagine a group with entities in Asia and Germany, consolidating under IFRS and HGB respectively, with everything booked to a single internal standard. Today the conversion happens in Excel. The spreadsheet gets rebuilt every close and leaves no audit trail. With Meridian, you define the mapping once. It runs automatically each period and produces a full audit trail, without touching the underlying ERP or core banking system.

Applicable to any group running SAP, another ERP, or a core banking system that doesn't natively support multi-GAAP reporting

Get in touch

See it running on your own data.

We'll run a live demo using your actual chart of accounts and map it in real time. Tell us a bit about your setup and we will get back to you within one business day.

Thanks. We'll be in touch within one business day.