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Financial Consolidation Software

Put your month-end on autopilot

Shave days off your close with automated flux and variance analysis. Automatically consolidate multiple subsidiaries into a common chart of accounts and calculate foreign currency calculations in seconds.
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automated workflows

Break the tedious month-end close cycle

Financial close and consolidation have historically relied on siloed data sets, complex spreadsheets, and manual, time-consuming processes to produce financial results. The reporting process becomes even more cumbersome when managing international legal entities using foreign currencies.
Shorten the lengthy month-end close cycle by consolidating multiple subsidiaries into a single system for full visibility, control, and better decision-making. Automated inter-company eliminations, currency conversion, and CTA adjustments help your finance team close the books faster.

FASTER CLOSE

Consolidation and close process made simple

Plug in your ERP systems or accounting software — and press play. Bring together financial data from multiple entities under one roof to easily plan and analyze performance in one central platform.

foreign currency

Automate exchange rate calculations

Streamline foreign exchange rate calculations and view consolidated performance in the currency of your choice. Exchange rate fluctuations are seamlessly added to Cumulative Translation Adjustment (CTA) accounts for you.

inter-company accounts

Run smart, seamless eliminations

Automate inter-company elimination entries while keeping the flexibility to control exactly what gets eliminated by account or vendor.

consolidated financials

View on-demand statements and reports

Easily toggle between consolidated and single-entity financials. Run comparative analysis, view budget vs. actuals, and drive a faster monthly close.

Lifesaver for connecting our global financial processes.

Ashleigh JanssenStrategic Finance

Spend less time consolidating and close the books faster

Save 10 hrs on consolidation each month.

Automated flux analysis helps you spot trends and large variances. Drill down to general ledger detail to see the underlying journal entries that make up your balances.

Get better insights and close the books in as little as 3 days!

Financial Consolidation Software FAQs

What are the benefits of managing my financial close process in a corporate performance management (CPM) solution like Mosaic compared to Excel?

Mosaic eliminates the tedious, manual, error-prone headaches of Microsoft Excel by automating data collection and aggregation, inter-company transactions, and financial reporting.

Can Mosaic also help with forecasting my forward-looking financial projections?

Does Mosaic’s financial consolidation functionality support multi-currency conversion?

Can Mosaic help me produce cash flow statements?

Does Mosaic support IFRS reporting?

Make 
 
business decisions

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