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Drive Accuracy and Efficiency and Eliminate Error-Prone Processes

Solutions

Optimize Finance for Trusted Results

Unlock financial agility with insightsoftware’s leading close and consolidation solutions. Reduce error-prone manual processes to boost efficiency. Seamlessly consolidate data with built-in automation for global and regional regulations. Deliver real-time, trusted insights across your business.

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We Connect to 200+ Data Sources

Use Cases

Automate Compliance for a Simplified, Trusted Financial Close

Adaptable close and consolidation software that scales with your business. Navigate evolving accounting standards with ease, and expedite your financial close for faster decision-making.

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insightsoftware’s close and consolidation solutions automate and streamline your data collection, consolidation, reconciliation, and reporting processes, eliminating manual tasks, errors and bottlenecks. Enjoy real-time visibility into your financial performance for enhanced business intelligence.

Overcome complex consolidation challenges involving multiple entities, currencies, and changing compliance regulations with one flexible, agile solution. insightsoftware’s solutions can handle any type of consolidation logic and configuration and deliver consistent, reliable financial statements.

Gain a deep understanding of your financial performance across entities, products, and markets. Identify key drivers of profitability, growth, and risk with insightsoftware’s comprehensive and flexible reporting and analysis tools. Uncover valuable insights to empower strategic decision-making.

See for yourself why 500K+ are using insightsoftware to draw instant data insights, react swiftly to market changes, and outpace their competition

Clausion allows for swift integration of new businesses, enabling immediate consolidation of our financial data...

Ilkka Kosola CFO

Clausion offers all the necessary functionalities for IFRS reporting, with pre-built templates for income statements, balance sheets, and cash flow statements.

Taru Suutari Finance Manager

Clausion automates financial consolidation, making it smooth and efficient. The input sheets are user-friendly, and our finance personnel in the subsidiaries can utilize them effectively.…

Pauliina Timlin Financial Controller
Roles & Industry

Use Cases for Specialist Financial Close & Consolidation Software

Financial close and consolidation software empowers diverse roles across finance, group, and subsidiary functions in various industries to streamline financial processes.

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Financial Controller

Financial close professionals wear many hats, overseeing the entire process from data collection to analysis. Close & consolidation software empowers them by automating and streamlining tasks, ensuring accuracy, efficiency, and valuable insights.

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Financial Analyst

Financial analysts empower management teams with data-driven insights for informed decision-making. Close and consolidation software equips them with reliable, real-time data and customizable reports and dashboards.

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Accountant

With close and consolidation software, accountants streamline tasks like recording transactions, reconciling accounts, and preparing financial statements. This automation frees up their time to focus on complex analysis and strategic contributions.

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Auditor

Auditors play a critical role in safeguarding financial integrity by meticulously reviewing statements for accuracy and compliance. Close and consolidation software empowers them with easier data access, streamlining the audit process.

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Financial Services

Financial firms are increasingly challenged in closing deals – currencies, structures, regulations shift constantly. M&A deals add more pressure. Close and consolidation software helps boost auditability, transparency, and confidence in reporting.

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Manufacturing

Navigating global operations and complex regulations with vast data makes closing a challenge for manufacturers. Close and consolidation software automates and streamlines their financial close, delivering accurate data for informed decision-making.

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Healthcare

Healthcare juggles costs, regulations, and evolving needs. Close and consolidation software helps them to spend more efficiently, streamline processes, and ensure data accuracy, leading to better performance and improved business intelligence.

Frequently Asked Questions

A cloud-based solution can offer several benefits, such as lower upfront costs, faster implementation, scalability, security, accessibility, and automatic updates.

You can ensure the security of your financial data in the cloud by choosing a reputable vendor that follows industry best practices and standards for data encryption, backup, recovery, authentication, authorization, and monitoring.

Ensure the vendor you choose to work with offers seamless integration that can easily connect to your primary data sources, such as ERP systems, spreadsheets, databases, or cloud applications, and that they are able to extract, transform and load this data into their software platform.

Choose close and consolidation software that is designed to be owned and managed by the finance team. Look for software that enables you to easily adapt workflows and templates to support data collection, validation, consolidation, and reporting, without needing IT or specialist help. Check that you can easily modify rules and validations to ensure the consistency and quality of your data.