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Powerful multi-entity and financial consolidation software

Financial consolidation software helps multi‑entity organisations automate consolidation, support IFRS and GAAP compliance, and close faster across domestic and international operations.

Effective multi-entity reporting

  • Effective multi-entity reporting transforms financial data handling, providing holistic insights. 
  • Streamline consolidation to spot trends, assess risks, and make informed decisions. 
  • Compare entity performance, allocate resources, and drive growth effortlessly. 

Simplified chart of accounts maintenance

  • Streamline charts of accounts to boost financial management, ensuring accuracy and consistency. 
  • Simplify maintenance with consolidation software by reducing manual effort and errors. 
  • Get cleaner data management, reliable financial analysis, and more confident decision-making.

Transaction accuracy and traceability between multiple entities

  • Ensure transaction accuracy and traceability for financial control and efficiency. 
  • Get reliable reporting and make informed decisions with a holistic view of operations. 
  • Use across diverse organisations, and foster trust, transparency, and success in a competitive landscape.

Set up and incorporate new entities with ease

  • Set up and incorporate new entities as your organisation grows. 
  • Use financial consolidation software to streamline expansion and support faster expansion. 
  • Reduce manual effort and help teams adapt quickly to change.

Key features of financial consolidation software

Use financial consolidation software to centralise data, reduce manual work, and improve group‑level visibility.

Centralised financial data

Centralise financial data from multiple entities in one system to reduce errors, improve accuracy, and save time.

Multi-currency management

Accurately process transactions in multiple currencies with consolidation software and convert results into a single reporting currency automatically.

Automated consolidation

Say goodbye to tedious manual consolidation. Automate consolidation to reduce manual effort and improve accuracy across group reporting.

Customisable reporting

Use accounting consolidation software to create consistent, accurate reports tailored to your organisation’s reporting and decision‑making needs.

Audit trail transparency

Maintain full visibility and traceability across all financial transactions and adjustments.

Multi-currency accounting software feature benefits

Multi-currency accounting software with built-in accounting consolidation capabilities supports businesses growing internationally.

Multiple base currencies

This essential feature in multi-currency accounting software allows businesses to operate with ease in different countries as it allows them to easily handle transactions and track financial performance in local currencies.

Flexible multi-currency consolidation

Businesses can consolidate worldwide financial data effortlessly with multi-currency accounting software, giving them a comprehensive and unified view of their global operations.

Automated currency conversion

Automated currency conversion in multi-currency accounting software simplifies transaction conversions. It handles all currency conversion calculations automatically, eliminating the need for manual exchange rate lookup, saving time and reducing the risk of human error.

Cumulative translation adjustments

A Cumulative Translation Adjustment (CTA) records gains and losses from changing exchange rates over time. This information gives you valuable insight into the profitability of doing business in a given currency and/or region.

Multi-currency consolidation compliance

Businesses trading in several currencies can combine all of their financials and convert this data to use one preferred currency, making it easier to understand. With multi-currency consolidation, keeping up with compliance regulations and international reporting standards is much simpler.

Discover our financial consolidation software options

From domestic multi-entity structures to global operations, our financial consolidation software helps organisations manage complexity, improve visibility, and streamline business operations.

Sage Business Cloud

Sage Intacct

An award-winning cloud financial management platform that enables organisations to do more and do it better. Customers of all sizes and industry rely on Sage Intacct's award-winning best-in-class cloud financial management platform to deliver efficiencies and insights across their organisations.

  • Automate complex financial processes and multi-dimensional data analysis
  • Automated workflows, smart revenue recognition, and seamless data flows that streamline the revenue cycle across your organisation
  • Multiple entities, currencies, geographies – consolidate it all in minutes
  • Core financial dashboards and reporting software that turns data into insight
  • Access over 200 specialised software providers to deliver the most powerful solution to your organisation
  • Open APIs that make interacting with data not only possible but relatively simple
Sage Business Cloud

Sage X3<font class="text-highlight-ai" style="white-space: nowrap;"> with Ai</font>

Sage X3 provides faster, more intuitive and tailored business management solutions than conventional ERP. It's for organisations looking to thrive and retain their competitive advantage by increasing their agility and embracing change at speed.

  • A single solution for your core processes: inventory, sales, customer service, and finances
  • Collaborate across divisions, countries, multiple sites, languages, and legislation
  • Manage financial processes with general ledger, cost accounting, budgeting, and more 
  • Control procurement, cash flow, and business purchases
  • Get a complete view of your customers across sales, marketing, customer service, and support
  • Ideal for manufacturing, wholesale, and service processes
Learn more about Sage X3
Sage 200

Standard

Your straightforward cloud-based accounts solution.

  • Control your business with core financial and stock management functions
  • Manage your business on the move through the cloud, connected to Microsoft 365
  • Build and access powerful data insights on the go, in the familiar environment of Excel
  • Reduce complexities with bank feeds
  • Update and delete records quickly with built-in reports, helping you with GDPR obligations
  • Bill of Materials for simple manufacturing processes
Find out more

Get practical multi-entity and financial consolidation advice

Explore practical guidance on financial consolidation, multi-entity reporting, and managing complexity as your organisation grows. Our expert articles and insights help finance teams understand best practices, compliance considerations, and real-world approaches to consolidation.

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Frequently asked questions about financial consolidation software

Financial consolidation software is a specialised solution that automates and centralises financial data from multiple entities into a single, accurate set of consolidated financial statements. It handles complex processes such as intercompany eliminations, currency conversions, and adjustments required for compliance with accounting standards like IFRS and GAAP.

Yes. Accounting consolidation software is specifically designed to combine financial data from multiple entities into a single, cohesive set of consolidated financial statements. It handles complex requirements such as intercompany eliminations, currency translations, and regulatory reporting across different jurisdictions.

Basic accounting software, in contrast, is typically built for single-entity bookkeeping and day-to-day financial management. It usually lacks the advanced multi-entity consolidation, automation, and compliance capabilities required for accurate group-level reporting.

Multi-entity consolidation software consolidates financial data from each subsidiary or business unit into a single set of group-level financial statements using unified accounting rules. By automatically mapping local data to IFRS or GAAP standards and tracking entity-level adjustments, it ensures consistency and accuracy throughout the consolidation process.

This approach supports compliant financial reporting across multiple jurisdictions, reduces manual effort, and gives finance teams clear visibility into performance at both the entity and group level.

Financial statement reporting software supports consolidation by transforming consolidated financial data into accurate, standardised financial statements such as balance sheets, income statements, and cash flow reports. It ensures consistent presentation across entities while supporting disclosure, audit requirements, and regulatory reporting.

When used alongside financial consolidation processes, financial statement reporting software improves visibility, reduces reporting risk, and helps finance teams deliver timely, compliant statements for internal and external stakeholders.

Get support for your multi-entity software whenever you need it. Sage helps simplify financial consolidation, reporting, and compliance with expert guidance and resources.