We automate the hard technical problems of consolidation

FINAHQ vs Competitors

Features FINAHQ EPM- Consolidation module SAP BPC Consolidation module
Native cloud based application Yes No No (SAP BPC sill only be provided till 2027)
Multi currency support Yes No Yes
Supports Multiple hierarchy group structure Yes No Yes
Intercompany reconciliation module Yes Yes (Add on) Yes (Add on)
Native business combination accounting Yes No No
Implementation cycle 2 - 4 weeks Typically, up to 12 - 16 weeks Typically, up to 12 - 16 weeks
Fully automated minority interest Yes No No
In built user roles and access controls Yes Yes Yes
Detailed source tracking Yes Yes Yes
Task Management Yes Yes Yes
Automated Minority interest computation Yes Yes Yes
Support available Direct Partners will provide Partners will provide

Frequently Asked Questions

What's our USP?

  • Our workflow is built on the concept of critical path and is the shortest route to consolidated financial statements
  • No loading elimination entries
  • No maintaining a elimination company
  • Our data model does all the work for you

Can the tool be used for standalone/ separate financial statements?

Yes it can

Can my intermediate subsidiary companies prepare consolidated financial statements using the tool?

Yes they can

How does user access work?

We have predefined roles and an approval module to ensure data access and integrity is protected

 

What about reporting & disclosure management?

We support preparation of complete financial statements through our excel plug in which will synchronise data between the FINAHQ platform and your financial template irrespective of whether its for Management or statutory reporting.  

Integrations available

Quick Books, Microsoft GP, Tally Prime
Quick Books Microsoft GP Tally Prime

Can you provide a customized solution that fits my group?

We sure can- connect with us for a demo and we can take this forward

Have questions about FINAHQ

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