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Average Ratings 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

No User Reviews. Be the first to provide a review:

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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.

Description

Quickly establish your operations with integrated best practice features, which include dynamic calculations. Minimize the need for extensive customization, as essential financial statements like cash flow, balance sheet, and income statement are calculated automatically, along with rollovers and calls to action. Streamline the process of meeting global reporting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), by utilizing a ready-made consolidation model. Enhance the accuracy and efficiency of your closing process by reclassifying, adjusting, and eliminating data across any hierarchy, thanks to built-in consolidation capabilities. Effortlessly manage the complexities of legal and management rollups that may have distinct calculation and reporting needs. Take control of the closing process by automatically monitoring critical metrics throughout the organization. You have the option to utilize pre-existing calculations or effortlessly develop bespoke solutions tailored to your business's unique requirements, ensuring that all aspects of your financial reporting are handled efficiently and effectively. This ensures that you can focus on strategic decision-making while maintaining compliance with necessary standards.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Artificio No 
QuickBooks Online Yes 
Xero Yes 
Zoho Books Yes 

Integrations

Artificio Yes 
QuickBooks Online No 
Xero No 
Zoho Books 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 

Pricing Details

No price information available.
Free Trial No 
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) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Aaxonix Tech LLP

Founded

2026

Country

India

Website

finconsol.com

Vendor Details

Company Name

Oracle

Country

United States

Website

www.oracle.com/performance-management/financial-consolidation-close/

Product Features

Alternatives

No Alternatives

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