Best Financial Consolidation Software of 2024

Consolidation software by eprentise allows companies the ability to combine multiple instances of Oracle®, E-Business Suite, (EBS), into a single instance of consolidated database that includes all the history and data from the source instances. eprentise was granted a patent for its consolidation method in 2012 at US 8,103,704. Using its built-in Oracle® EBS knowledge, eprentise software offers a cost-effective and efficient way to consolidate multiple instances following a merger, acquisition, or move to a central data center. eprentise Consolidation software automates this process and generates all the code required to standardize data, resolve conflicts, align set-up parameters and sync business processes across multiple EBS implementations. The end result is a single database which synthesizes all the EBS instances and aligns them with the current business strategy.

Our financial planning and analysis tools are simple, but can handle the complex. Our tools help teams understand the numbers and share that information to improve results. Unit4 Financial Planning & Analysis helps your team understand the real issues and then apply that knowledge to your organization's plans. Our cloud FP&A software gives your employees better and faster ways to put the numbers into action. This includes smarter performance management, planning, budgeting & forecasting, financial consolidation, reporting, visualization & analysis. A flexible, integrated approach is required to meet all financial planning needs of your organization, including planning cash flow, forecasting sales, costs, and revenue, as well as managing operational budgets.

Tensoft's MNC product lets you bring together financial data from different sources to create a global view across all financial information within your enterprise, regardless of currency or geographical location. The graphic to right shows how Tensoft MNC works. Below are the subsidiaries companies and their currencies. Tensoft MNC takes information from these subsidiary businesses, translates it and then moves it into a consolidated Dynamics GP Company. Local currencies as well as your reporting currency are transferred. Understanding your multi-national requirements will help you design and achieve the best financial architecture for your month-end reports as well as your day-today transactions. This pyramid shows where Tensoft MNC can provide the greatest benefit.

Integrated Financial Planning Ensure company liquidity. No matter how small or large your company is, it cannot function without cash. Why should you invest in a dedicated budgeting and reporting solution? No matter how large or small your business is, you will need financial planning and analysis. It can be difficult to prepare accurate financial statements for a group of companies. Many groups consolidate their financial information every year. The key question is the starting point for any financial plan, budget, or forecast. What is our Sales Forecast It is crucial to predict the sales pipeline.

Business Intelligence Software makes complex reporting easy. Any ERP, any data point and any report. No IT.

Konsolidator®, automates financial consolidation so you can spend your time generating insights that will add value to your corporate group. Our cloud-based software gives you complete control over your data and reports. It delivers accurate, audit-compliant consolidation every single time. Financial professionals all over the globe are under increasing pressure to provide accurate data, compelling financial reporting, and actionable insights. Modern consolidation is required to meet the ever-changing needs of the finance department. You are wrong to think that financial consolidation solutions must be costly to be efficient and provide high-quality data. Konsolidator®, is the proof. Konsolidator® is a software tool that automates consolidating, produces error-free consolidation and fits within your budget. Eliminate any barriers to efficient consolidation. Konsolidator's subscription-based software is available at a low EUR200 per month and can be used by any size group.

Joiin makes consolidating financial reporting simple. Joiin allows you to manage multi-entity or multi-currency group consolidations, and create great-looking reports and reporting packs using your Xero data, Sage, Sage, Spreadsheet, and QuickBooks data. Automate your group financial reporting with a single keystroke Financial reporting software that is affordable and easy to use.

Planful (formerly Host Analytics), is a trusted provider of cloud-based, scalable enterprise performance management (EPM), software solutions. Planful was specifically designed for enterprises. It allows users to connect realistic modeling data to financial and operational business plans, compare projections with outcomes, and collaborate directly with key stakeholders through a single interface. Finance teams can optimize their corporate performance by leveraging Planful to automate, accelerate, and align all of their financial processes.

Subsidiary accounting journals are easy to import or upload in any format your accounting software supports. Rephop will keep track of all transactions related to business combinations and asset sales that you have recorded in consolidation. All transactions from subsidiaries operating in foreign currencies are converted to group currency using daily rates. Our machine learning algorithms recognize intergroup transactions from imported data. It takes only a few clicks to see your figures. Our consultants can help you if you have made consolidation mistakes in the past. Rephop is intuitively designed with CFOs in mind. Rephop is easy to use and requires no training. You can record any consolidation transaction, no matter how complex. Rephop is not bulky because of its power.

Oracle Hyperion Financial Management, a Web-based application, delivers global financial consolidation, reporting, and analysis in one, highly scalable software solution. Oracle Hyperion Financial Management uses the most current technology and is designed to be owned by the finance department. This release's web interface has been improved to be more user-friendly and consistent with other Hyperion products. The new interface allows navigation across multiple applications and access to multiple documents and modules within an application. The Point of View bar, Member selector, Journals Data Forms and Grids are all new features. You can view dimension member properties using the Member Selector, data grids and journals, as well as data forms, data grids, journal, and process management.

Trust in control software that isn't tied to one industry and covers all aspects of business planning. Don't let traditional planning systems that rely on Excel spreadsheets or non-standardized data go. Instead, lay the foundations of integrated financial planning and professional financial control that includes transparent budget planning. LucaNet's planning- and controlling software has been ranked among the best in BARC's Planning Survey. It was particularly well received by judges in the categories of data transfer, user friendliness and performance. LucaNet is a standard-based system that allows you to automate financial planning and budgeting, and then manage them in flexible ways. You can forget about complex data integration processes. LucaNet makes it easy to access information from the upstream financial accounting, HR and CRM systems databases.

We simplify and automate financial reporting. We implement enterprise-wide consolidation, planning, and reporting solutions for large and mid-sized organizations in just a few weeks. We seamlessly deliver on a fixed-scope basis, fixed-time and fixed cost. Infinitus Reporting's client base includes top performing medium-sized to large organizations from all industries, including government, listed, and private. Infinitus Reporting is a leader in the Corporate Performance Management (CPM), solutions market. Our company is known for providing high-end solutions and services to the market. We are proud of our relationship, simplicity, world-class delivery, and win-win outcomes. This proven philosophy underpins our first-time-on-time-every-time delivery model!

You can trust your numbers with us and make better business decisions. Clausion business planning combines financial and operational planning with reporting. It securely collects all business management information in a readable format, reliably and securely. Easy-to-use cloud makes it possible to leverage budgeting, planning, forecasting, and other business data. A complete solution can make financial consolidation simple and seamless. Automate processes and use templates that conform to the latest standards - making IFRS reporting and FAS reporting simple. Clausion is your solution for corporate performance management. It will save you time and simplify financial consolidation. Cloud allows you to work anywhere, anytime as long as there is an internet connection. Don't waste time collecting data, instead focus on analysing it to give your business the best chance of success.

These legacy consolidation products become less accessible to your business and can pose unacceptable risks to your business. Because financial consolidation is managed separately from financial plan, it can be difficult to maintain a single point-of-truth. For auditors, static spreadsheets are not sufficient. Consolidating financial statements shouldn't be time-consuming, tedious, or manual. IDL Konsis is able to eliminate the time-consuming manual processes of finance and accounting, so you can have a quick, optimized close. We implement fully compliant, standard consolidations that meet all requirements for group reporting. IDL is a leader in corporate consolidation functions.

Longview Close automates data validation and consolidation to speed up the closing cycle. Our tool pulls data from all sources, Excel sheets and legacy EPM systems. This allows you to spend less time managing data, and more time creating data-driven insights. This report gives you an overview of market trends and customer satisfaction data. It also covers financial, operational, strategic, and performance management. Say goodbye to manual batch jobs. Say hello to better data visibility with detailed reporting and drill-down to source data. Our cloud-based, automated data administration coordinates consolidation activities so that you have one central platform for all performance data. Longview Close has the most plug-and-play apps in the industry.

Built-in best practices functionality, including dynamic calculation, makes it easy to get up and running quickly. You don't have to customize cash flow, balance sheet and income statement, rollovers, calls for action, and many other variables. With a preconfigured consolidation modeling, you can reduce the time required to meet global reporting requirements. Pre-built consolidation support allows you to reclassify, adjust, and eliminate data from any hierarchy. This will increase the speed and accuracy of the closing process. You can easily work with complex legal and management rollups, which may require unique calculations or reporting requirements. You can automate tracking key metrics throughout the organization to manage the close. You can either use standard calculations or create your own for business-specific needs.

CFOUR, a financial software that consolidates data from multiple sources, is a financial tool that aids inter-company accounting. It facilitates flexible collaboration and allows for faster consolidation. You can also get accurate consolidated reports immediately. CFOUR simplifies the accounting consolidation process by dividing it into four stages. Our system starts by combining data from different sources, such as Excel and ERP, into one data stream. Stabilized compilation of the subsidiary accounts to create management accounts. Inter-company reconciliation is the use of journal entries to log inter-company elimination and validate it through a simple interface. Consolidate subsidiary accounts with a clear view into the holding company, and create consolidated statements. Instantly generate XBRL and iXBRL files to report to ESMA/GAAP with the appropriate taxonomy.

Avise automates the entire process, from task management to multi-entity consolidation. Avise was created with the simple belief that finance professionals deserve more. We've seen first-hand the frustrations and disappointments of relying upon outdated, clunky and inefficient ERPs, supplemental accounting tools, and other software. We built Avise as a modern General Ledger that is the backbone of an ecosystem of cloud-native finance. Avise is simple to use but powerful enough to meet even the most complex business needs. Avise empowers finance departments to automate manual processes and streamline tasks so accountants can focus on what they are best at: driving business growth.

TCM offers powerful tools and a database that can be used to perform complex budgeting, forecasting, financial consolidation, and management reporting and analysis. TCM's integrated functionality gives you an easy-to use solution to get a complete picture about your organization. You can view it from many perspectives and analyze it. TCM eliminates spreadsheet limitations and offers a powerful predictive analytics function that allows you run unlimited "what if" scenarios. This will allow you to greatly improve your corporate information, decision making, and performance management. TCM enterprise performance management solutions are fully scalable and customizable to your specific needs. No programming is necessary. TCM solutions are created by financial and business experts using OLAP technology. TCM's solutions allow you to react quickly to changes and reduce dependence on IT.

The Performance Management Revolution. You don't need a PhD in coding. Excel is your best friend. Then, you can go live in just weeks. Find Your Flow: Capture data we care about. We have never met a source system that we don't like. Fluence can connect to all data sources, from green screens to modern clouds. Cloud Application. Peace of mind is possible when you master the art of peace of your mind. You should clearly outline the sequence of operations for any given process. Track everyone's progress and assign tasks, due dates, input template and reports to them. Say goodbye to the blank screen syndrome. The simplified workbench puts business people in control. They can see the tasks, due dates, and supporting instructions that are required to complete the job. Excel is the answer. Excel is the new king of spreadsheets.

GATHER.nexus, a financial accounting and reporting software, is designed to consolidate and report on financial data. It's a platform designed for Finance teams of multi-entity companies that use Xero or QuickBooks as their core accounting software.