Financial Data

What it means

The general ledger, subledgers, and consolidated financial data warehouse.

Why it matters

Trustworthy financial data is the raw material for every decision here.

How to calculate — with Cawan's Shoes

Cawan's Shoes financial-data operating model: • Chart of accounts: 1,240 accounts × 6 dimensions (entity, region, channel, product line, cost center, project). Rebuilt in 2024 during S/4HANA migration. • Close cadence: 5 business days to consolidated close (peer median 7 days). Day 1 subledger cutoff, Day 3 flux review, Day 5 board pack. • 14 legal entities across 9 countries, consolidated in OneStream. • Internal controls: 220 SOX key controls, tested quarterly; 2025 auditor (PwC) issued clean opinion, zero material weaknesses. • Data lineage: every board number traces to a source system in <3 clicks via the Snowflake catalog. • Continuous close pilot: certain reconciliations now automated daily, targeting a 3-day close by 2027.

What's at stake if you ignore this

Bad data = bad decisions at every level.