Financial Planning & Analysis
Unit4 Financial Consolidation
Month-end close without the chaos.
Trusted by multi-entity organizations that close with confidence
Consolidation that runs like clockwork
Reconcile intercompany throughout the year
Stop treating intercompany reconciliation as a month-end crisis. Unit4 gives each subsidiary control to reconcile their balances continuously, not just when the close deadline hits. AI-assisted matching identifies likely pairs and highlights exceptions that need human review. When month-end arrives, the reconciliation is already done.
Key Features:
- Year-round intercompany reconciliation by individual entities
- Workflow-based matching and approval
- AI-assisted matching with automated mismatch detection
- Web-based data entry in multiple languages
Consolidate across currencies and entities automatically
Multi-currency consolidation is where most tools break down. Unit4's engine handles closing rates, period averages, monthly weighted averages, and historical rates automatically. Aggregate financials from subsidiaries using different local GAAPs and produce both IFRS and statutory reports from the same data.
Key Features:
- Multi-currency conversion with multiple exchange rate types
- Support for local GAAPs and IFRS simultaneously
- Automatic aggregations and intercompany eliminations
- Full audit trail with journalization and drill-down
Close faster with complete transparency
Every step from subsidiary data import to final group report is documented automatically. Status monitors show exactly where each entity stands. When auditors ask "how did you get this number?", you drill down from consolidated totals to source transactions in seconds.
Key Features:
- Status monitoring across all entities
- Role-specific workflows with clear accountability
- Drill-down from consolidated reports to source transactions
- IFRS templates with disclosures and cash flow statements built in
Report to any audience from one consolidation
Produce consolidated financial statements for investors, management reports for the board, and statutory filings for regulators, all from the same consolidation. MS Office integration lets you build board presentations that update automatically. Your consolidated actuals flow directly into FP&A planning and forecasting, closing the loop between what happened and what you plan next.
Key Features:
- Statutory and management consolidation from one data source
- IFRS reporting templates with automatic formatting
- MS Office integration for board presentations
- Automatic report distribution
Why organizations choose Unit4 for integrated financial planning
Predefined Consolidation
Logic
Built-in workflows for eliminations, aggregations, and adjustments. Less custom coding, faster implementation.
Multi-GAAP Support
Generate both IFRS and local GAAP reports from the same consolidation. No duplicate processes.
Automated Data Import
Pull data from multiple source systems automatically.
No manual exports or version control issues.
Self-Service Analysis
Give stakeholders direct access to consolidated data. Reduce "pull this report" requests.
Dresner Award Winner
Winner of the Dresner Technology Innovation Award for Financial Consolidation, Close Management and Reporting.
Month to Minutes
A global video game publisher reduced time-to-insight from a month to minutes. That's the consolidation speed difference.
Seamlessly connects with your tech ecosystem
Frequently asked questions
What is financial consolidation and why do organizations need it?
Financial consolidation combines statements from multiple legal entities into a single group-level view that eliminates intercompany transactions. Without automation, finance teams manually gather data, reconcile in spreadsheets, and rebuild reports each period.
How does Unit4 automate intercompany reconciliation?
Unit4 includes a built-in workflow for continuous reconciliation throughout the year. The platform matches transactions based on functional currencies, flags mismatches, and requires approval before consolidation. Every elimination is documented with a full audit trail.
Can it handle multiple currencies and accounting standards?
Yes. Unit4 supports multi-currency consolidation with closing rates, period averages, monthly weighted averages, and historical rates. It produces both local GAAP and IFRS reports from the same consolidation.
How does it speed up month-end close?
Through automated data import, continuous intercompany reconciliation, and predefined consolidation workflows with real-time status monitoring. Organizations report reducing consolidation time from weeks to days.
What's the difference between statutory and management consolidation?
Statutory consolidation meets legal/regulatory requirements for external reporting. Management consolidation produces internal reports for decision-making. Unit4 supports both from the same data source.
Enterprise-grade security for your consolidated financial data
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