Consolidate all your entities
Connect data and manage plans for all your entities in one model. Automatically consolidate and account for inter-company transactions.
Entity consolidations make Excel models explode with complexity
Managing multiple general ledger imports, currency conversions, and consolidations can quickly become unmanageable. Automate it to focus on more valuable activities.
Everything you need to consolidate
Connect your data
Connect data from all your subsidiaries, even if they're using different accounting systems.
Convert actuals
Streamline actuals from all entities into one unified currency for modeling and reporting purposes.
Consolidate entities
Build a financial model and unify your general ledgers across entities to automate your consolidation.
Inter-comp eliminations
Account for internal purchases within a structured system to ensure accurate group consolidation.
Mia Lysemose, Finance Manager at ÅBEN Brewery
Connect your data
Connect your accounting systems to automatically import actuals. Francis allows you to connect different accounting systems while still being able to consolidate actuals across entities.
Convert actuals
Define custom exchange rates and convert actuals from your systems into a unified group currency for modeling and reporting purposes, allowing you to continue bookkeeping in local currencies.
Consolidate entities
Once you've connected your systems, general ledgers for each entity will be available, allowing you to define custom mappings between your connected systems and your financial model.
Inter-company eliminations
Manage all inter-company eliminations as an integrated part of your consolidation system, allowing you to analyze individual companies, while keeping your group consolidation free of inflated numbers.
You can connect to as many data sources as you like. Your number of active connections may impact your pricing; please see our plans for more information.
That's no problem. With mappings, you can map multiple general ledgers to your financial model, unifying all general ledgers.
If one of your accounting systems is unsupported, we recommend importing the data via a Google Sheets connection or manually copy-pasting the data into the Francis sheet. That way, you can automate part of your data imports and import the rest manually but in a structured way. Please also let us know at support@francis.app. We appreciate input on what connections to build next.
In Excel, consolidations are created using formulas, which are highly susceptible to breaking. In Francis, built-in features ensure that the consolidation and data imports are always intact.
If your entities have different base currencies, you can convert all entities to the same currency at the time of import. You specify the exchange rates yourself.
In that case, we might be able to help with pricing. Please reach out to us at support@francis.app to discuss this.
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