Financial Consolidation Software

Jedox Financial Consolidation delivers accurate, auditable, and compliant group results.

  • Financial consolidation: segment, capital, debt, expense and income consolidation, elimination of unrealized profit, manual consolidation booking support
  • Close management: task management, data validation, journal entries, trial balance, collaboration, and group and sub-group close
  • Reporting: balance sheet, P&L, cash flow, segment reporting, XBRL reporting, and management dashboards
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Join 2900+ companies using Jedox, a Leader in the 2024 Gartner® Magic Quadrant for Financial Planning Software
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Intelligent financial consolidation for streamlined Finance

Built on the powerful Jedox platform, and powered by JedoxAI, the Jedox financial consolidation solution overcomes challenges to an efficient consolidation process—including inherent complexity of group structures, disconnected data, and manual process. Seamless Excel integration, easy to implement logic and rules, and audit trails let Finance teams cut manual effort, speed up close cycles, and gain the transparency needed for more strategic decision-making.

The solution leverages Jedox platform capabilities including AI predictive analytics, natural language processing (NLP), scenario modeling, and Jedox Integrator ETL integration with SAP, Oracle, Microsoft, BI tools, Google Sheets, and Excel ensure Finance teams can analyze, validate, and report with confidence.

Integrated and automated your consolidation needs

Jedox Financial Consolidation comes with preconfigured logic, rules, and reports that accelerate setup and ensure compliance. Finance teams streamline group and subgroup consolidation, intercompany eliminations (e.g., capital-, debt-, expense- and income consolidation), as well as segment reporting. It supports multiple accounting standards so companies can meet regulatory requirements while maintaining consistency and accuracy across legal entities. Supported standards include: IFRS, US GAAP, German GAAP (HGB), and other local GAAP standards.

With automated intercompany eliminations, intelligent validations, and role-based workflows, Finance teams gain full transparency and auditability. The familiar Excel-integrated interface shortens adoption time and drives user acceptance.

Drive strategic value and insight through integration with a comprehensive planning process

Jedox financial consolidation goes beyond compliance. By leveraging the Jedox platform, it unites consolidation and planning within a single environment—creating the foundation for integrated business planning and strategic forecasting. Finance teams can model best- and worst-case scenarios, visualize real-time KPIs, and analyze performance with full drill-down capability. AI-powered forecasting enhances accuracy, enabling smarter, forward-looking decision-making.

Implementation made simple

The financial consolidation solution seamlessly integrates with other Jedox solutions—forming your digital business twin for unified planning and management. Together with Jedox’s expert team and global partner network, you’ll receive end-to-end support, from configuration to go-live and beyond.

Trust your consolidation process—and the underlying platform

The Jedox financial consolidation solution is recognized in the Gartner® Magic Quadrant™ for Financial Close and Consolidation and is a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software. Jedox Financial Consolidation Solution achieved PS IDW 880 certification through an audit conducted by KPMG.

Built on Microsoft Azure, Jedox ensures enterprise-grade data security, privacy, and compliance. Your data remains fully protected in dedicated, isolated environments—giving Finance leaders peace of mind.

Key capabilities include:

  • Automated intercompany reconciliation and investment register with validation
  • Reports for balance sheets, profit & loss statements, cash flow and XBRL reports
  • Configurable consolidation rules and journal entry workflows
  • AI-supported forecasting, predictive analytics, and “what-if” scenario modeling
  • Scalable ETL integration across spreadsheets, ERP, BI, and cloud systems

Benefits at a glance:

  • Automated consolidation reduces effort and risk of errors
  • Full transparency with audit trails and version control
  • Compliance with IFRS, local GAAP, and IDW PS 880 certification
  • Centralized, consistent data across all entities
  • Seamless Microsoft Excel integration
  • Scalable architecture for multi-level group structures

Over 2,900 global teams use Jedox for good reason

Jedox has become the go-to system for sales and financial controlling, management reporting, and financial consolidation at SAMSON, integrating data from 60 subsidiaries into one central database.
Hans Werner
Director of Group Controlling
SAMSON AG
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Rommelag accelerates consolidation of 24 subsidiaries worldwide
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768 monthly Excel reports replaced by Jedox
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Digita delivers transparent P&L reporting 95% faster
Jedox provides a single integrated solution for planning, budgeting, forecasting, and financial consolidation, improving collaboration, harmonizing workflows, and enabling fast adaptation to change.
Martin Scholz
Senior Manager
KPMG
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FAQ

Frequently asked questions

Financial consolidation is the process of combining financial data from different subsidiaries or entities within a group to create a single set of financial statements. It’s critical for organizations to get a clear view of their overall financial health, meet regulatory requirements, and make informed business decisions.
Common challenges include managing complex group structures, handling multiple currencies and accounting standards, eliminating intercompany transactions, and ensuring data accuracy. Manual processes and disconnected systems can also slow down the close and increase the risk of errors.
Automation streamlines the consolidation process by reducing manual data entry, standardizing workflows, and providing built-in controls. This results in faster close cycles, fewer errors, and more transparent, auditable results.
Jedox automates group consolidation, intercompany eliminations, and close management. The solution integrates with Excel and leading ERP systems, offering preconfigured logic and workflows that reduce manual effort and speed up reporting.
Jedox supports IFRS, US GAAP, German GAAP (HGB), and other local accounting standards. This makes it easy for companies to ensure compliance and consistency across different legal entities.
Yes. Jedox is built on Microsoft Azure, offering enterprise-grade security, privacy, and compliance. The platform features full audit trails and version control, giving Finance teams confidence in their results.
Jedox combines AI-powered analytics, natural language processing, and integrated planning in a single cloud platform. Finance teams can model scenarios, visualize KPIs, and report with confidence—all while leveraging a familiar Excel interface and seamless system integrations.

Schedule a customized demo today