Financial Consolidation
Entity consolidation, without the headache. In Excel. In real-time.
Velixo pulls live data from multiple entities and ERPs into a single Excel-based consolidation model, handling different chart of accounts and calendars, and supporting multi-currency and intercompany eliminations. All of this, without requiring complex BI projects or a separate data warehouse.
Multi-entity
Multi-currency
Multi-system
Consolidated
in minutes, not days
Velixo connects your existing Excel consolidation model to live ERP data across all entities simultaneously. No separate consolidation tool, no manual data assembly, no reformatting per entity. Book a demo to see it in action.
Why consolidation gets worse as the business grows:
Every entity you add makes consolidation harder. It shouldn’t work that way.
For a business with one entity, consolidation is straightforward. Add a second entity, a third, a subsidiary in a different currency, an acquisition running on a different ERP, and the process that used to take a day starts taking a week. Every entity means another export, another reformatting job, another currency conversion calculated manually, another intercompany balance to reconcile.
The standard solutions both come with trade-offs. BI products or dedicated data warehouses are expensive, technically complex, and built for enterprises larger than most mid-market companies. Manual Excel consolidation scales until it doesn’t. A structural error in a consolidation model inherited from a predecessor and patched over several years is the kind of thing that surfaces at audit.
Velixo sits between those options. It’s a live connection layer that makes Excel-based consolidation reliable and fast, because the data going into the model is always current, always from the source, and requires no manual assembly.
How Velixo works for financial consolidation
Live data aggregated across entities or instances, simultaneously
Velixo connects multiple entities within the same ERP, or across multiple ERP instances, and makes all of them queryable from a single Excel workbook, without duplicating functions or queries. Varying chart of accounts across entities are simply merged, amounts simply aggregated with complex and unmaintainable mappings.
How Velixo works for financial consolidation
Build once, then refresh
The consolidation reports your team builds in Velixo don't require extra maintenance. You may work with account ranges or your ERP account categories. For Business Central customers with multi-company setups, Velixo consolidates across companies and instances automatically once connections are configured. Your data is always live and aggregated, with no manual assembly at any step.
How Velixo works for financial consolidation
Multi-currency & eliminations
Velixo doesn’t reinvent the wheel and leverages the conversions of your ERP. Your ERP remains the source of truth and Velixo enables you to report on in your companies’ currency or your global reporting currency. You may also use Velixo GL Journal writeback to create intercompany eliminations journals
How Velixo works for financial consolidation
Different fiscal years
Entities with different fiscal years, businesses acquired mid-year with non-standard reporting periods are all handled within Velixo’s consolidation templates. You work with dates and period variables you control, consolidating across any combination of fiscal calendars without restructuring how any entity reports.
Don't take our word for it
With a growing number of venues (about 60) we needed agility with our reporting. With Velixo, we can add a new branch to our Consolidation report in just 15 secs.
Dynamic consolidation allowed us to consolidate financial data across all branches within minutes, simulating the benefits of separate tenants while maintaining just one.
Velixo gave better visibility in our data and self-sufficiency.
What is covered with Velixo’s financial consolidation
Consolidation capabilities: Automatic consolidation of chart of accounts or any data across entities · Auto-aggregation of data · Multi-currency reporting · GL Journal writeback for eliminations and adjustments · Multi-tenant or Multi-company consolidation using single functions · Fiscal calendar consolidation
Commonly built by customers: Multi-company statements, Consolidated statements, Holding company financial packages · Group-level board reporting · Currency reconciliation, Acquisition integration models · Segment consolidations
Who benefits from Velixo’s financial consolidation
CFO
A consolidated view of the business that refreshes rather than gets assembled means knowing where the group stands, not waiting to find out.
See how CFOs use VelixoFinancial Controller
Multi-entity reconciliation connected to live ERP data catches intercompany mismatches before they become close blockers.
See how controllers use VelixoERP Consultant / Analys
Velixo's multi-entity query structure makes consolidation models deployable across client organizations without custom development.
See how ERP consultants use VelixoRelated use cases Velixo supports
Every entity. Live. In one workbook.
See how Velixo’s multi-entity query structure and live consolidation workflow work in a 30-minute demo.
Works across all supported ERPs. Multi-entity consolidation available from day one.