Financial Consolidation

From entity ledgers to board-ready financials - in hours

Taxilla Financial Consolidation automates the full group consolidation cycle - intercompany reconciliation and eliminations, cost and revenue distribution, multi-entity consolidation, GL taxonomy mapping, and statutory reporting - from a single governed data layer.

  • <4h

    Group consolidation run
  • Zero

    IC mismatches at close
  • D+1

    Board accounts available
  • 6-8 wks

    Go-live timeline

Why group consolidation is the hardest part of period-end

Multi-entity consolidation is uniquely complex - different ERPs, different charts of accounts, different currencies, and intercompany balances that must net to zero before a single line can be reported.

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01

Trial balances in incompatible formats

Each entity uses a different ERP, different chart of accounts, and different period definitions. Standardising trial balance inputs manually takes days every period.

02

GL-to-reporting mapping rebuilt every period

Taxonomy mapping - which GL accounts roll into which P&L or balance-sheet line - is maintained in spreadsheets and rebuilt manually each period, creating inconsistency and restatement risk.

03

Intercompany mismatches delay every close

IC balances don't agree between entity pairs. Chasing mismatches across email threads consumes days and is the single most common reason consolidation runs are delayed.

04

FX translation applied inconsistently

Spot, average, and historical rates applied differently by entity controllers create CTA mismatches that take further cycles to resolve.

05

Reporting outputs require manual tie-out

Even after consolidation, producing board packs, statutory accounts, and management reports requires additional manual formatting, tie-out, and review - adding days to the cycle.

06

Weak audit trail across the consolidation run

Approvals, adjustments, and intercompany eliminations are made in spreadsheets with no systematic evidence trail - creating risk in external audits every year.

One platform for the complete consolidation cycle

Each module targets a specific consolidation bottleneck. Deploy independently or run all four as a complete Financial Consolidation platform.

Cost & Revenue Distribution

Driver-based allocation of shared costs and intercompany revenue flows - IT, HR, legal, royalties, and service charges - auto-posted to both entity ERPs with full documentation every period.

Driver-based rules Auto-posting Agreement-driven
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IC Reconciliation & Eliminations

AI matching across all entity pairs - handling FX deltas, timing differences, and posting convention variations - with auto-generated elimination journals feeding directly into the consolidation run.

AI matching Auto-eliminations FX delta isolation
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Consolidation & Reporting

Multi-entity consolidation with FX translation, minority interest, and multi-GAAP adjustments - producing IFRS, US GAAP, and management reporting simultaneously from a single governed consolidation run.

Multi-GAAP FX translation Board packs
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Ledger Taxonomy Mapper

Governed GL-to-reporting-line taxonomy mapping - configured once and applied automatically every period, versioned by period, and fully auditable. Reporting becomes repeatable without rebuilding spreadsheets.

Visual mapper Period versioning Audit trail
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See your group consolidation run in under 4 hours

We will demonstrate intercompany reconciliation, elimination, and consolidated reporting using your entity structure and chart of accounts.

What changes when consolidation is automated

Group consolidation in under 4 hours

Group consolidation in under 4 hours

Automated trial balance ingestion, standardised taxonomy mapping, IC reconciliation, and elimination generation compress a multi-day process into hours.

Multi-GAAP from a single run

Multi-GAAP from a single run

IFRS, US GAAP, and local statutory reporting produced simultaneously from one consolidation run - any restatement propagates once and applies everywhere.

Zero intercompany mismatches at close

Zero intercompany mismatches at close

AI matching resolves IC differences before the consolidation run - eliminations are auto-generated from matched pairs, not prepared manually after the fact.

Board accounts on Day 1

Board accounts on Day 1

With automated consolidation, management accounts and board packs are available on Day 1 after period-end - not Day 5 or Day 10.

Audit-ready consolidation evidence

Audit-ready consolidation evidence

Every submission, adjustment, elimination, and approval carries a complete, timestamped audit trail - auditors get direct access without manual evidence preparation.

ERP-agnostic - works across any mix

ERP-agnostic - works across any mix

Pre-built connectors for SAP, Oracle Fusion, NetSuite, and Dynamics 365 pull entity trial balances simultaneously - no middleware, no manual exports.

Estimate your Consolidation savings

Adjust the sliders to reflect your group's profile. Estimates are based on benchmarks from
Taxilla Financial Consolidation deployments at global multi-entity groups.

Your group profile

Number of entities in group15
Current consolidation cycle (days)8 days
Number of intercompany entity pairs20
Group finance team size (FTEs)12 FTEs
Avg. FTE cost ($ thousands/year)$95K

Estimated impact

Days saved per consolidation cycle—
IC mismatches eliminated / year—
Finance FTE hours freed annually—
Estimated annual cost saving—
New consolidation cycle target—

Estimates based on benchmarks from global enterprise consolidation deployments. Actual savings vary by entity count, ERP mix, and IC transaction complexity.

Common questions

Does Taxilla replace our existing ERP for consolidation?
No. Taxilla is an ERP-agnostic consolidation overlay that sits on top of your existing systems. Entity ERPs remain systems of record; Taxilla standardises, governs, and consolidates the data they produce.
Can it handle entities on different ERPs in the same consolidation run?
Yes. That is the primary use case. Taxilla pulls trial balances from SAP, Oracle, NetSuite, and Dynamics entities simultaneously - standardising them into a single governed consolidation layer regardless of source format.
How does FX translation work across entity pairs?
Taxilla applies governed FX rules - spot, average, and historical rates - consistently across all entities. Currency Translation Adjustments are calculated automatically, eliminating the manual rate application that creates mismatches.
How long does implementation take?
Typical implementations range from 6-8 weeks for mid-size groups, depending on entity count, ERP complexity, and reporting requirements. The first live consolidation run completes with full Taxilla team support.

From entity trial balances to board-ready financials - in hours, not days.

Deploy Financial Consolidation independently or connect it to Financial Close and FP&A for a fully integrated close-to-plan platform.

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