Financial Consolidation

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Financial Consolidation Automation by ScaleXP. By Currency, Entity, Country & Department

Instantly integrate data from any accounting system, currency or chart of accounts, creating a consolidated view of your financials across countries, business units and currencies.

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Financial Consolidation Automation by ScaleXP. By Currency, Entity, Country & Department

Consolidate data from any – or all – of these accounting systems:

Connect and consolidate all your financial data from popular accounting systems like Xero, Quickbooks, Sage, Microsoft Dynamics, Sage & more.

Close each month faster

Connect and consolidate all your financial data from popular accounting systems like Xero, Quickbooks, Sage, Microsoft Dynamics, Sage & more.

ScaleXP financial consolidation works alongside your existing accounting systems, importing all financial data.

Report with ease

ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards

With all your team’s data imported and consolidated, you can view your company’s financial performance across any subsidiary or at the consolidated level.

ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards
ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards

Increase accountability

ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards

ScaleXP smart reporting templates make it easy to report by team, business unit or department.

With ScaleXP you can

Use any accounting system

Import data from any of our accounting systems, with no need for the same general ledger, providing the greatest flexibility to automate financial consolidation whatever systems you use.

Impress your colleagues

Built-in presentation templates allow you to create sleek board or management account packs, seamlessly integrating graphs, metrics and reports, with data that is always up to date and easy to share.

Get fully setup in 1 hour

There is no need to spend days or weeks configuring ScaleXP. Connect your data now. Then book a short zoom with one of our product specialists to optimise the system to your requirements.

Deferred Revenue Automation Software, Deferred and Accrued Revenue, Deferred Revenue Journals
ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards
Deferred Revenue Automation Software, Deferred and Accrued Revenue, Deferred Revenue Journals

What our customers say

Who uses ScaleXP?

Access financial data anytime, on-demand. Integrated with key business KPIs, available via user-friendly online dashboards.

Streamline the month end process. Instantly consolidate P&L, Balance Sheet and Cashflow, using IFRS and GAAP compliant FX rates.

Simplify and streamline month-end process. Instantly consolidate P&L, Balance Sheet and Cashflow, using IFRS and GAAP compliant FX rates.

Picture of CFO, finance lady happy with ScaleXP smart finance automation software

Financial consolidation FAQs

ScaleXP automatically imports foreign currency exchange rates and ensures that IFRS compliant rates are always used. Once consolidated, ‘drill down’ into the data with instant click-through, to understand anomalies and get answers quickly. The system can provide FX rates with any currency in the world.

Europe
Pound Sterling (GBP), Euro (EUR), Bulgarian Lev (BGN), Norweigan Krone (NOK), Swiss Franc (CHF), Swedish Krona (SEK), Croatian Kuna (HRK), Danish Krone (DKK), Polish Zloty (PLN), Czech Koruna (CZK), Romanian Leu (RON), Gibraltar Pound (GIP), Turkish Lira (TRY)
Oceania
Australian Dollars (AUD), New Zealand Dollar (NZD), Fijian Dollar (FJD)
North America
American Dollars (USD), Canadian Dollars (CAD), Cayman Islands Dollars (KYD), Mexican Peso (MXN)
Asia
Singapore Dollar (SGD), Taiwan New Dollar (NTD/NWD), Indian Rupees (INR), Hong Kong Dollar (HKD), Japanese Yen (JPY), Brunei Dollar (BND), Turkish Lira (TRY)
South America
Colombian Pesos (COP), Brazilian Real (BRL)
Africa
Moroccan Dirham (MAD), South African Rand (SAR), Egyptian Pound (EGP), Nigerian Naira (NGN), Kenyan Shilling (KES)
Middle East
Saudi Riyal (SAR), Jordanian Dinar (JOD), Omani Rehal (OMR), Libyan Dinar (LYD), UAE Dirham (AED), Bahraini Dinar (BHD), Kuwaiti Dinar (KWD), Israel New Shekel (ILS)

 

Absolutely. You can include a budget for the entire group, or roll up individual budgets from each entity. You can then perform actual vs budget analysis in our reports and dashboards.

A consistent chart of accounts isn’t necessary.  ScaleXP allows you to combine data in the format that works best for you, creating a custom Profit & Loss or Balance Sheet for the consolidated company. 

You can consolidate up to 20 entities in ScaleXP. If you need more than this, just get in touch, and we’ll see if we can help.

Please click on the link below for more detailed answers on consolidating your financials. Read more ->