Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Effective financial planning is essential for maintaining a company's liquidity, as cash flow is crucial for operations regardless of the organization's size. Investing in a specialized budgeting and reporting solution is critical for all businesses, as it enables the creation of thorough financial planning and analysis. The challenge of preparing accurate consolidated financial statements across multiple companies can be significant, especially since many organizations typically conduct their financial consolidation processes annually. Each company’s financial strategy, budget, or forecast begins with a pivotal question that guides its direction. Furthermore, accurately forecasting sales pipelines is fundamental to developing comprehensive business plans and financial projections. This necessity extends even to non-profit organizations, where comprehending and managing primary revenue sources is essential for establishing a solid financial framework. Ultimately, a robust financial planning system can significantly enhance decision-making and strategic growth.
Description
Finconsol is a cloud-based software solution designed for financial consolidation, enabling finance teams to aggregate accounts from various companies into comprehensive group statements. This platform facilitates the integration of trial balances, aligns entity accounts with a unified group chart, converts balances into different currencies, reconciles intercompany transactions, and accommodates elimination entries and minority interests. With Finconsol, users can generate consolidated financial statements including balance sheets, profit and loss statements, cash flow reports, fund flow statements, a consolidation worksheet, and group trial balances, alongside detailed reports, dashboards, and presentations for board meetings. Additionally, it accommodates budgeting, forecasting, statistical evaluations, and period-end controls such as locked months and historical changes. The software seamlessly integrates with Zoho Books, and other accounting systems like Xero and QuickBooks can be incorporated through the upload of trial balances. Finconsol is tailored for CFOs, controllers, group accountants, finance teams, and accounting firms that oversee multiple entities, enhancing their financial management capabilities significantly. This robust tool empowers finance professionals to streamline their consolidation processes and improve accuracy in reporting across diverse business entities.
API Access
Has API
No
API Access
Has API
No
Integrations
QuickBooks Online
No
Xero
No
Zoho Books
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$60/company/month
The minimum plan covers two companies. Yearly billing starts at $120/month equivalent ($1,440 billed annually); monthly billing starts at $144/month. The first five companies are $60/company/month with yearly billing. Plans include all features and unlimited users. Plans for more than 30 companies are priced by agreement.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Account-Ability
Founded
1998
Country
United Kingdom
Website
www.account-ability.co.uk
Vendor Details
Company Name
Aaxonix Tech LLP
Founded
2026
Country
India
Website
finconsol.com
Product Features
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
Yes
Capital Asset Planning
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Project Budgeting
Yes
Run Rate Tracking
No
Version Control
Yes
Business Performance Management
Ad Hoc Reports
Yes
Ad hoc Analysis
Yes
Budgeting & Forecasting
Yes
Consolidation / Roll-Up
Yes
Dashboard
Yes
Key Performance Indicators
Yes
Predictive Analytics
No
Qualitative Analysis
No
Quantitative Analysis
Yes
Scorecarding
Yes
Strategic Planning
Yes
Financial Reporting
"What If" Scenarios
Yes
Audit Trail
No
Balance Sheet
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Product Features
Alternatives
Alternatives
No Alternatives