Finconsol

In a group of companies, each company closes its month on time, and then the group close takes another week or more. Trial balances are Synced from different systems, accounts are re-mapped in a workbook, exchange rates are looked up by hand, and intercompany balances do not agree. Budgets are kept in separate files, headcount and other KPIs in another sheet, and the board pack is built by hand each month.

What Finconsol does:

• Consolidation. Zoho Books, Xero and QuickBooks companies connect directly, and any other system comes in as a trial balance upload. Each company's accounts are mapped once to one group chart, and a new unmapped account stops the month so nothing drops out.

• Currencies and intercompany. Every company is translated into the group currency at closing, average and historical rates, with the translation reserve worked out.

• Budgets. Budgets and latest estimates for each company or for the group.

• Dashboards and reports. Your own dashboards, custom reports and board packs.

Who it's for: CFOs and finance teams who close 2 to 30 companies every month and give the board one set of numbers, and accounting firms that look after several client groups.