Flawless financial consolidation in a few clicks.


Let go of the timely, manual task of consolidating the financial reports of the group in fragile spreadsheets.

With InfoSuite’s tool for consolidation, financial data can easily be consolidated across companies and exchange rates – simply and automatically – and afterwards be used in the financial planning of the business.

With consolidation in InfoSuite you get…

What is included in InfoSuite consolidation?

InfoSuite automatically collects data from your companies’ different ERP systems – such as NAV, AX, E-conomics, Aspect4, and Business Central – and joins it in one Data Warehouse.

InfoSuite prepares the fundamental group structure and company relations, including set-up of subgroups.

Management of ownership shares, relations between the companies and data connections that have already been established across the companies.

The local charts of accounts are mapped into one group chart of accounts.

In this way we establish one group chart of accounts, where data from all your companies can be consolidated.

If you have companies in more countries, we define the rules for foreign exchange management. Here, we determine company currency and group currency as well as posting rate, transaction currency, average rate, and budget rate.

We set up the relevant eliminations, such as posting codes, shares, posting levels, and automatic InterCompany trade management.

We provide an overview of eliminations, making the entire process fully traceable and documented.

Opportunity for general group reporting and reporting at subgroups. Detailed group reporting is also available, for example by tracking the transactions down to voucher number.

Packed with clever features

When investing in the InfoSuite consolidation solution, you automatically get a wide range of clever features.

For example, InfoSuite automatically calculates the effect of the owner’s shares on the financial statement instead of having the financial team spending hours in the spreadsheets making the consolidation balance.

Five quick advantages by automating your consolidation

Transparency of all movements, fully documented

High level of confidence in the accuracy of the financial data

Avoid manual and time-consuming processes

Improved overview by joining the data of the entire group in one place

Improved opportunitied to work across teams with multiple user access

Spreadsheets or software for consolidation?

Are you ready to invest in a consolidation tool? Let us help you on the way.

Consolidation in short

When operating with financial consolidation, you collect a lot of information from spreadsheets and databases from the different companies of the group and gather it in one place.

A major task within financial consolidation is the elimination of the intercompany transactions.

A consolidated financial statement is how the financial statement would look, if all the companies were one. When consolidating, you add the data of more companies into one joined financial statement.

The purpose of a consolidated financial statement is to present the total financial statement of the entire group as if it was one company.

Elimination of intercompany transactions is important as the actual value creation in a group is made through transactions with outside companies and not internally in the group.

Can spreadsheets handle the consolidation? Test your company here.