Financial Close Automation Software | Taxilla

 Financial Close

Financial Close Management Software for Enterprise Finance Teams

Move beyond fragmented, spreadsheet-driven closes. Taxilla delivers a centralized Financial Close Management platform that automates reconciliations, transaction matching, journal governance, and close task orchestration-across entities, ERPs, and geographies.Close faster. Operate continuously. Stay audit-ready-every period.

The Financial Close Problem Landscape

For modern enterprises, financial close is no longer a single ERP activity-it is a cross-system, multi-entity control challenge. As organizations scale, finance teams face:

Heavy spreadsheet dependency for reconciliations and journals
Heavy spreadsheet dependency for reconciliations and journals
Multiple ERPs and sub-ledgers operating in silos
Multiple ERPs and sub-ledgers operating in silos
Limited real-time visibility into close status and ownership
Limited real-time visibility into close status and ownership
Late discovery of issues at period-end
Late discovery of issues at period-end
Rising audit scrutiny and compliance risk
Rising audit scrutiny and compliance risk
Fragmented close ownership weakens timeline control
Fragmented close ownership weakens timeline control, governance, and accountability at scale.

Taxilla's Centralized Financial Close Automation Hub

hub

Each module works independently or together as a complete Financial Close Management platform.

Why Traditional Tools Fail

Most finance teams still rely on a mix of:

  • ERP-native close features
  • Excel-based reconciliations and trackers
  • Email-driven approvals
  • Shared services coordination

These approaches fail because they are:

  • ERP-bound

    No cross-ERP visibility or control

  • Spreadsheet-driven

    High risk, low auditability

  • Reactive

    Issues discovered only at month-end

  • Fragmented

    Point tools create handoffs and gaps

Financial close requires a dedicated orchestration platform, not more manual effort.

Key Business Outcomes

40-70%

Faster Close Cycles

Automate reconciliations, matching, journals, and close tasks end-to-end.

100%

Audit-Ready by Design

Every action is approved, documented, and traceable.

50-80%

Reduced Operational & Compliance Risk

Eliminate spreadsheet dependency and manual controls.

100%

Single Source of Close Visibility

Real-time dashboards for progress, ownership, and exceptions.

100+

Enterprise Scalability

Supports high volumes, multi-entity structures, and multiple ERPs.

6-10 Weeks

Rapid Implementation

Deploy faster than legacy close tools with minimal ERP disruption.

End-to-End Financial Close Lifecycle Coverage

Taxilla manages the entire financial close lifecycle in one unified platform-ensuring accuracy, control, and continuous visibility from the first transaction to final close.

Match

1. Match

Automatically match high-volume transactions across sub-ledgers, banks, and GL using rules and AI-driven logic.

Reconcile

2. Reconcile

Validate balance sheet accounts with standardized reconciliations, thresholds, and supporting documentation.

Adjust

3. Adjust

Prepare and post required accruals, corrections, and adjustment journals with full governance.

Review

4. Review

Enable structured reviews with maker-checker controls and exception visibility.

Approve

5. Approve

Enforce approvals, sign-offs, and audit trails across all close activities.

Close

6. Close

Complete a controlled, audit-ready close with confidence in the numbers.

Technology Advantage

Built for Continuous Close

Taxilla is engineered as a cloud-native, enterprise-grade platform:

  • Unified Close Sub-Ledger

    A single control layer across all close activities.

  • AI-Powered Transaction Matching

    Explainable, auditable, and scalable automation.

  • Workflow & Controls Engine

    Approvals, dependencies, escalations, and SLAs built-in.

  • Continuous Processing Model

    Resolve issues throughout the period-not just at month-end.

This enables a continuous financial close, not periodic fire drills.

TechnologyAdvantage

Integrations & Enterprise Ecosystem

Taxilla integrates seamlessly with your finance stack:

SeamlessErp

Industries & Operating Models Served

Taxilla supports complex intercompany structures across industries:
  • Manufacturing & IndustrialManufacturing & Industrial
  • Retail & ConsumerRetail & Consumer
  • IT & Professional ServicesIT & Professional Services
  • Healthcare & MediaHealthcare & Media

Conglomerates & Holding GroupsConglomerates & Holding Groups

Operating models:
  • Global Business ServicesShared Services / GBS
  • Shared Services CentersDecentralized Finance Teams
  • Multi-Entity Multi-Country GroupsMulti-Entity Global Enterprises

Proven Results Across Global Enterprises

ProvenResults
  • 4 Days

    Faster Intercompany close for a global media company operating in 20 countries

  • 99%

    auto-matching rate achieved by an electronics multinational for intercompany transactions

  • 20+

    Entities centralised over a single shared services for a global services conglomerate

  • 30+

    countries automated for billing and reconciliation by an IT services firm

Why Taxilla Over Alternatives

Taxilla vs. ERP Native Features
  • Cross-ERP Neutrality: Reconcile data across diverse ERP brands without custom coding
  • Regulatory Coverage: ERP tools stop at accounting-Taxilla extends into compliance-ready processes
  • Advanced Automation: Handle complex reconciliations and distributions without spreadsheets
    ERPNative Features
Taxilla vs. Similar Products (e.g., FloQast, HighRadius, Trintech)
  • Platform Breadth: Financial close plus intercompany and tax-aligned workflows
  • Faster Implementation: Go live in weeks, not months
  • Lower Total Cost: Replace multiple tools with one unified platform
    Similar Products

Taxilla is built to replace fragmented close operations, not layer on top of them.

See Financial Close in Action

Experience how Taxilla brings speed, control, and confidence to financial close.

Frequently asked questions
What is Financial Close Management?
Financial Close Management is a centralized platform that automates and governs all activities required to complete the financial close. This includes balance sheet reconciliations, high-volume transaction matching, journal entry preparation and approvals, and close task orchestration-ensuring accurate, timely, and controlled financial reporting each period.
Does Taxilla replace my ERP?
No. Taxilla works as a non-disruptive, ERP-agnostic overlay. Your ERP remains the system of record for accounting transactions, while Taxilla validates, reconciles, governs, and automates close activities before posting clean, approved entries back to the ERP.
How long does implementation take?
Typical implementations range from 6-10 weeks, depending on the number of entities, ERPs, and modules in scope. Taxilla's configurable rules engine and pre-built connectors enable faster deployment compared to traditional close tools.
Is this suitable for large enterprises and GBS models?
Yes. Taxilla is designed for multi-entity, multi-ERP enterprises, as well as Shared Services and Global Business Services (GBS) models. It supports high transaction volumes, standardized global processes, and centralized visibility with local controls.
How does Taxilla support audits and compliance?
Every close activity in Taxilla is system-driven and traceable. Reconciliations, journals, and approvals are logged with timestamps, users, and supporting documentation-providing complete audit trails and significantly reducing audit preparation effort.
Is the platform secure and scalable?
Yes. Taxilla is built on a cloud-native, enterprise-grade architecture with role-based access controls, data encryption, and scalable infrastructure. The platform is designed to grow with your organization's volume, entities, and compliance requirements.

Move beyond ERP limitations and spreadsheets.

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