Consolidation - combine the financial figures of a group of companies with a single tool

Consolidation means combining financial information from several different companies into a single entity. Finadeck's consolidation software makes consolidated financial statements seamless - eliminating internal items on the basis of accounts and/or accounting objects, exchange rate conversions and minority interests are handled quickly and accurately. Ready-made integrations with all major financial management software make it easy to combine figures.

One-off eliminations, such as cost calculations and eliminations that cannot be performed automatically, can be accounted for within the group by entering the elimination entries into an affiliated elimination company.

Automated consolidation reduces the risk of error and improves internal reporting within the group.

Consolidation software that combines analytics and financial management

Modern consolidation software doesn't just bring the numbers together - it gives you a deeper understanding of your business. Finadeck brings together group budgeting, reporting and analytics in a single view, enabling effective decision-making at group level.

The report building tool saves you time in building reports and the automatic report distribution tool saves you time in distributing reports.

Group accounting software that adapts to your business

Finadeck's cloud-based group accounting software scales from small groups to complex groups of companies. The software allows you to:

• Automate principal eliminations, exchange rate adjustments, the impact of minority interests and associates, the preparation of the consolidated balance sheet and the transmission of reports
• Produce real-time group reports
• Make scenario calculations and analyse the development of the group

Deployment is fast, and integrations with financial management systems ensure up-to-date data.