Consolidation software

High-performance consolidation software

Modern consolidation software should automate your processes, guarantee the reliability of your data and save you valuable time. Find out how Fygr turns financial consolidation into a strategic advantage.

Multi-entity and multi-currency consolidation

Instantly aggregate the cash positions of all your companies, whatever their currency, and get a precise overview to anticipate your group financing needs.

Real-time bank synchronization

Your bank accounts update automatically, eliminating manual reconciliations and ensuring that your consolidated data always reflects the reality of your cash flow.

Consolidated forecast scenarios by entity

Simulate different cash-flow hypotheses at the level of each subsidiary, then automatically consolidate them to obtain a coherent group view, enabling you to arbitrate calmly between your entities and anticipate your global financing needs.

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Consolidation software for every financial profile

Whether you're the head of a group, a CFO or a chartered accountant managing several files, Fygr adapts to your specific consolidation needs.

Fygr, the cash management software that simplifies everyone's day-to-day life

For SME managers

Restore peace of mind by instantly visualizing your group's financial health, without having to rely on Excel. Fygr enables you to manage your multi-entity growth with a clear view of available cash and the arbitrages to be made between your subsidiaries.

For CFOs of SMEs

Free yourself from time-consuming manual consolidations and save days each month to concentrate on strategic analysis. With Fygr, you simply produce reliable reports that reinforce your credibility with management and investors.

For account professionals

Efficiently manage the cash portfolios of multiple customers from a single, intuitive platform. Fygr automates multi-company consolidation, enabling you to deliver high value-added advice without getting lost in fragmented Excel files.

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FAQ

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What is consolidation software?

Consolidation software is a tool designed to centralize, automate and make more reliable the process of consolidating accounts. Unlike Excel, which can lead to errors and inconsistencies, consolidation software offers built-in controls and a high level of consistency.

Why use accounting consolidation software?

Accounting consolidation software meets the needs of finance departments by facilitating the management of local accounting data. Thanks to its integration with different accounting systems, it speeds up the production of financial statements and guarantees the reliability of the necessary reconciliations and controls.

What is the difference between a financial consolidation tool and statutory consolidation software?

- The financial consolidation tool focuses on the production of performance indicators, team productivity and the monitoring of operational management.
- Statutory consolidation software, on the other hand, focuses on compliance with legal and regulatory standards.

‍Modern solutions often integrate these two dimensions to meet all needs.

Why switch from Excel to consolidation software?

The use ofExcel presents a highrisk of error during account consolidation, due to manual data entry. Consolidation software centralizes data, automates repetitive tasks and significantly increases team productivity.

How does consolidation software improve consolidation processes?

By integrating data from different subsidiaries, consolidation software secures the consolidation process. It offers automatic controls, systematic reconciliations and reliable reporting. This reduces the risk of errors, reinforces consistency and simplifies team support during audit phases.

What are the benefits of automation in financial consolidation?

Automation reduces the time spent on manual data entry and verification tasks. It boosts productivity, enables better management of deadlines and guarantees results that comply with regulations. Thanks to relevant financial indicators, teams can concentrate on analysis and management.

Does the consolidation software enable better tracking of team needs?

Yes, modern solutions are designed to adapt to the varied needs of finance teams. They offer greater centralization of information, facilitate the integration of new subsidiaries and enable real-time monitoring of consolidation processes.

How does consolidation software facilitate auditing?

Thanks to automatic controls and complete traceability of operations, consolidation software simplifies auditing. Auditors have a clear view of the reconciliations carried out, the corrections made and the indicators used, reinforcing the transparency and reliability of the consolidated statements.

What kind of support is offered when setting up consolidation software?

Good consolidation software comes with personalized support. This includes team training, a configuration adapted to the company's needs, and support in the event of any queries. This support promotes optimal use and ensures the success of the consolidation project.