Consolidation

Consolidate entities and filter dimensions

Multiple entities and dimensions, with their many datasets and intertwined formulas, make Excel models explode with complexity. Rely on built-in functionality to organize your model by entities and dimensions.

Financial consolidation dashboard showing sheets for UK, US, and DK regions, with department breakdowns like Marketing, Sales, Operations, Admin, and Customer Success, and a consolidated profit and loss (P&L) statement for January 2024.

Avoid the cognitive load that comes with 25+ tabs in Excel

Maintaining group consolidations or dimensional planning in Excel requires multiple data imports, extensive duplication, is prone to errors and wastes valuable time each month.

How it works

Organize models by entities and dimensions

Icon representing a gear or cogwheel, symbolizing settings, configuration, or system management.

Automated consolidation

Build a fully automated consolidation system for entities and dimensions across accounting systems.

Icon depicting three stacked layers, symbolizing consolidation, data layers, or organization of content.

Built-in templating

Deploy instances of your desired model structure to streamline modeling across entities.

Icon featuring a plus sign above a horizontal line, symbolizing balance, adjustment, or margin of error.

Inter-comp eliminations

Create eliminations to account for inter-company transactions and avoid double-counting.

Euro currency symbol icon representing financial data or transactions related to the Euro.

Currency conversion

Convert multinational entities into a unified currency for modeling and reporting purposes.

"It's next level. We're consolidating nine entities, including inter-company transactions, which would not have been feasible in Excel."

Mia Lysemose, Finance Manager at ÅBEN Brewery

Icon representing a gear or cogwheel, symbolizing settings, configuration, or system management.

Automated consolidation

Create a consolidation system that aggregates entities or dimensions. For multiple entities, unify general ledgers with custom mappings, while dimensions are automatically imported through integrations.

Dashboard showing consolidation structure for multiple regions (UK, US, DK) and departments like Marketing, Sales, and Operations. The right side displays balance sheet and cash flow sections. A notification indicates that all accounting systems were synced two minutes ago, with a green integration status shown at the bottom.
Icon depicting three stacked layers, symbolizing consolidation, data layers, or organization of content.

Integrated templating

Build and deploy templates to create individual plans across entities or dimensions. Templates ensure that your consolidation is always intact, as updates are automatically deployed to all instances of the template.

Financial consolidation process showing a checklist of tasks including defining consolidation structure, creating budgets and forecasts, automatically consolidating actuals, and syncing changes across entities. The image also displays templates for profit and loss (P&L) and balance sheet reports for multiple entities: Acme ApS, Acme Ltd., and Acme Inc.
Icon featuring a plus sign above a horizontal line, symbolizing balance, adjustment, or margin of error.

Inter-company eliminations

Manage all inter-company eliminations within your consolidation system, enabling you to analyze individual companies separately while keeping your consolidated results free of inflated figures.

Financial consolidation dashboard for Francis Inc., showing sheets for various business units, including UK, US, and internal departments such as Marketing, Sales, Operations, and Admin. The P&L section highlights revenue and direct costs, including internal sales and purchases, with eliminations applied to avoid double counting.
Euro currency symbol icon representing financial data or transactions related to the Euro.

Currency conversion

Convert actuals from your systems into a unified group currency for modeling and reporting purposes, allowing you to continue bookkeeping in local currencies.

Diagram showing a financial model for 'Acme Group' with three entities: Acme ApS (EUR), Acme Ltd. (GBP), and Acme Inc. (YEN), displaying custom exchange rates for multiple currencies, including USD, EUR, GBP, and YEN. The image represents multi-entity financial consolidation with currency conversions for international operations.

FAQ

Feel free to contact us if you have other questions.

How many integrations can I connect to?

You can connect to as many tools as you like. Your number of active connections may impact your pricing; please see our plans for more information.

What if my entities have different general ledger structures?

That's no problem. With mappings, you can synchronize multiple general ledgers to your financial model, unifying all general ledgers.

What if one of my accounting systems is not supported?

If one of your accounting systems is unsupported, we recommend importing the data via a Google Sheets connection or manually copy-pasting the data into the Francis sheet. That way, you can automate part of your data imports and import the rest manually but in a structured way. Please also let us know at support@francis.app. We appreciate input on what integrations to build next.

What are the benefits of consolidating in Francis rather than Excel?

In Excel, consolidations are created using formulas, which are highly susceptible to breaking. In Francis, built-in features ensure that the consolidation and data imports are always intact.

What if my entities have different currencies?

If your entities have different base currencies, you can convert all entities to the same currency at the time of import. You specify the exchange rates yourself.

What if I use one dimension for multiple purposes?

That's no problem. You can customize how you wish to split dimension values so you can structure them to split for one purpose and then another.