Consolidation Accounting Software

Instantly centralize your multi-entity, multi-currency accounting with SoftLedger's financial consolidation software.

Consolidation accounting is complex. We help you eliminate tedious manual work and super charge your productivity with automated intercompany journal entries and eliminations.

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Can Your Accounting Software Manage Multiple Entities?

Consolidating the financial accounting impact of operations in multiple entities, business units, or locations in a timely and accurate manner is a complex challenge. Implementing an effective financial accounting consolidation process is key to ensure your organization has the financial data needed to make critical business decisions.

If you don't have multi-entity accounting software that helps you seamlessly consolidate your financials, it could be holding you back from getting the information you need.

SoftLedger helps organizations consolidate their financial data as quickly as possible so the management team and other stakeholders have the data they need to make critical business decisions.

Instant Intercompany Eliminations Faciliate Accurate Financial Consolidation

With SoftLedger's financial consolidation software, accurate real-time reporting is always only a couple of clicks away. How?

As transactions are recorded for your various business entities, the related journal entries instantly roll into your financial statements. Your intercompany eliminations are automatically calculated and booked.

Our powerful software provides you with these easy tools:

Intercompany journal entries

Automatic intercompany eliminations

Multi-entity consolidated reporting at multiple levels

Streamline Your Global Multi-currency Operations

The multi-currency functionality in Softledger's financial consolidation software allows you to run your international operations the same way you run your domestic ones.

We automate these tasks, so you don't have to spend manual efforts doing so:

Automatically pull FX rates with each transaction, with robust capabilities to remeasure and translate financials monthly.

Multi-entity consolidation for family offices, investment management firms, and other global organizations.

Users can access the system from anywhere in the world, with granular permissions and audit logs

CASE STUDY

SoftLedger & ApproveIt Automate G-20 Group's Multi-Entity Financial Reporting

G-20 Group, a Swiss-based asset management and advisory firm, partnered with SoftLedger to enhance its financial operations. By integrating ApproveIt's, workflow automation with SoftLedger's financial management platform, G-20 streamlined approval processes, reduced manual errors, and improved multi-entity financial reporting. This collaboration led to significant efficiency gains and seamless workflow automation for the firm, saving a quarter of staff time on approval workflows and cutting financial reporting delays by nearly half.

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Frequently Asked Questions

What is SoftLedger's Financial Consolidation Software designed for?

SoftLedger's Financial Consolidation Software is built to simplify the accounting and reporting process for companies managing multiple entities and currencies. It provides real-time financial reporting to streamline multi-entity and multi-currency consolidations.

How does SoftLedger handle multi-entity financial management?

SoftLedger consolidates data from multiple entities within a single system, offering visibility and control over finances for complex business structures. It supports intercompany eliminations and consolidated reporting across entities.

Does SoftLedger support real-time financial reporting?

Yes, SoftLedger offers real-time financial reporting, allowing businesses to make quick, data-driven decisions without delays associated with batch processing.

Is SoftLedger customizable to specific business needs?

SoftLedger is API-capable, making it highly customizable. Businesses can integrate it with other systems or develop custom solutions, ensuring it meets specific financial and operational needs.

What industries benefit most from SoftLedger’s Financial Consolidation Software?

The software is ideal for various industries, including family offices, venture capital, real estate, nonprofit, financial services, and more, especially those needing to consolidate financials across multiple entities.

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Manage Your Cash Flow

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