Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
CFOUR is a financial consolidation software designed to streamline inter-company accounting by integrating data from multiple sources into a centralized platform. It enhances collaborative efforts, enabling teams to expedite the consolidation process and generate precise consolidated reports in real-time. By simplifying the familiar consolidation workflow, CFOUR breaks it down into four clear stages. Initially, it gathers data from various sources, including Excel and ERP systems, into a unified data stream. Following that, it stabilizes the compilation of subsidiary accounts to create management accounts. The inter-company reconciliation process is facilitated through journal entries that document and verify inter-company eliminations using an intuitive interface. Subsequently, the subsidiary accounts are consolidated with clarity, providing a comprehensive view of the holding company and enabling the production of consolidated financial statements. Additionally, users can swiftly generate XBRL or iXBRL files for reporting to regulatory bodies like ESMA or in compliance with GAAP, complete with the relevant taxonomy. This innovative approach not only improves efficiency but also enhances accuracy in financial reporting.
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
Eunoia
Yes
Microsoft 365
Yes
QuickBooks Online
No
Xero
No
Zoho Books
No
Integrations
Eunoia
No
Microsoft 365
No
QuickBooks Online
Yes
Xero
Yes
Zoho Books
Yes
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)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
CFOUR
Country
Malta
Website
www.cfour.tech/
Vendor Details
Company Name
Aaxonix Tech LLP
Founded
2026
Country
India
Website
finconsol.com
Product Features
Product Features
Alternatives
Alternatives
No Alternatives