With many companies having global affiliates and locations the need to consolidate various functions and finances is key to overall financial success. With every company there are key stakeholders that must be taken into account. More companies are using financial consolidation software to ensure proper alignment with business objectives and newly enacted laws. Financial reporting laws vary from country to country and this must be taken into account to assure long term strategic growth. As companies look to expand and use less resources to compete in the global market they must also remember that the financial impact must match their long range goals. Those that are using outsourcing gain some short term benefits, but may loose intellectual capital as those people are not going to be with company long.