Financial Reporting
Live financial reports in Excel. No exports. No rebuilds. No waiting.
Velixo connects your ERP to Excel via API, so every financial report you build refreshes against current data the moment you need it. It’s fully dynamic and works the way you expect it and already know it – using Excel-like functions. P&L, balance sheet, trial balance, cash flow, formatted exactly the way you need them, without touching a data warehouse or filing an IT request.
300%
faster reporting
2–3 hours
saved per refresh
98%+
customer retention
4.7/5
Rated on G2
Velixo replaces the manual export-and-reformat cycle with a live connection between your ERP and Excel. Your existing reports keep working – they just refresh instead of rebuild. Any layout is possible, any data object is accessible, and no intermediate platform sits between your ERP and your spreadsheet. Reports dynamically update, company automatically consolidate, and numbers can be analyzed further. The Velixo integration with your ERP is not standard, it deeply understand your system by leveraging its terminologies, enabling its key concepts (e.g. books, dimensions, periods) and working around its limitations. Numbers are fully explorable so they can be analyzed using drilldown methods and links back to the ERP record for further analysis needs.
If that’s enough to go on, the product tour is the fastest next step. If you want to understand how it works in detail, keep reading.
Why ERP reporting alone isn’t enough
Your ERP was built to record transactions. It wasn’t built to produce the reports your CFO needs on Friday morning.
Mid-market ERPs are designed for standardization. They’re excellent at capturing transactions accurately and producing the canonical outputs the system was configured to generate. When you need something different, like a report formatted for a board deck, a P&L that cuts by department and region simultaneously, a cash flow statement that ties to last month’s close or displays budget data in the future, a flexible multi-dimensional statements or a multi-company (or tenant) consolidation report; you’re working against the grain of how ERP reporting was designed.
The standard workaround is a manual export to Excel. Pull the data, paste it in, reformat the layout, verify the totals, and distribute. That workflow has two fundamental problems. First, it’s slow, every report becomes a rebuild task rather than a refresh. Second, the moment the export leaves the system, it’s no longer live. By the time your CFO reviews the numbers, the underlying data may have moved.
The alternative most companies eventually explore is a Business Intelligence (BI) tool. The pitch is compelling. The reality is a six-month implementation, an ongoing maintenance burden, and a finance team that still export to Excel and can’t get the formatted statutory reports it actually needs because BI was built for aggregated reports and slicing, not for financial reporting and analysis.
Velixo is the third path. It keeps you in Excel, keeps the data live, and removes the rebuild cycle entirely.
How Velixo handles financial reporting
Live data, no export required
Velixo connects to your ERP via direct API integration, eliminating the need for a data warehouse, staging layers, or intermediate platform. When you open a Velixo-powered report and hit refresh, it pulls current data from the ERP at that moment. The numbers you see reflect the system as it exists right now, not as it existed when someone last ran an export. The connection is native to your ERP. Velixo is purpose-built for each supported platform, which means the data objects, the security model, and the field definitions all map directly to how your ERP actually works.
How Velixo handles financial reporting
Any layout. Pixel-perfect formatting
ERP reporting tools force you into their templates. Velixo doesn't. Because the data lands in Excel via functions rather than a locked report viewer, you control the layout completely. Every single Excel features are available to you just like standard Excel (e.g. conditional formatting, charts). The P&L your CFO has been using for five years, with the exact row groupings, notes, andsubtotals your organization uses, Velixo supports that. The multi-sheet financial package your auditors expect, Velixo supports that too. This matters because formatted financial reporting isn't decorative. The layout encodes meaning. Groupings, subtotals, comparative columns, and notes carry information that a raw data dump doesn't. Velixo preserves that without requiring a custom report developer.
How Velixo handles financial reporting
ERP-native functions that work like Excel formulas
Velixo's reporting functions are designed to feel like Excel. A function that pulls a GL balance takes similar arguments to a standard Excel formula with account, period and dimension filters. Finance teams with Excel knowledge get up to speed quickly because the mental model transfers. There's no proprietary scripting language, no query builder that requires IT, and no learning curve that eats the first month of an implementation. Functions are also fully dynamic and update in real-time - they can return a list of your departments, chart of accounts or account categories; and arguments accept advanced expressions (such as a list of a range of accounts or dimensions). Easily build your financial reports yourself, make existing workbooks live, leverage pre-built templates by Velixo, or use Velixo Intelligence to generate your statements. You can choose any of these 4 paths to reach success!
How Velixo handles financial reporting
Drill-down without leaving the workbook
When a number doesn't look right, the next step is usually to open the ERP, navigate to the right module, and trace the transaction manually. Velixo shortens that loop considerably. From any figure in a Velixo report, you can drill into the underlying transactions without leaving Excel and jump directly back to the ERP record if you need to take action. The analysis and the investigation stay in the same place. This is the feature that controllers and accountants cite most often as the unexpected time-saver. The ad-hoc investigation that used to take 20 minutes now takes only two.
How Velixo handles financial reporting
Financial Tools built-in
Velixo ships with several collaborative tools. Use Snapshot to create an offline copy of a report. Use Slice to generate live copies of a report filtered by one or more dimensions. Use Freeze to lock your reports during your budgeting/forecasting period. Use Distribution to create offline files and automattically distribute them by emails, optionally filtered to certain data (departments). Velixo is also natively integrated to Microsoft 365 and benefits from its suite of products: SharePoint, OneDrive, Teams, and Power Automate. This means enhanced governance, collaboration and advanced workflows.
What reporting teams say after switching
Velixo Reports has drastically reduced the amount of time it takes for my month-end financial statement preparation. I couldn’t be happier. Excellent product.
We have cut our financial report generation process down to minutes and not hours. We can turn around ad-hoc financial requests instantaneously. It has made our process fast, lean and more transparent.
We were lacking the export of formulas to Excel. With Velixo, it was a plug-and-play experience for our existing reports and it's instant. It saves 2 to 3 hours every time I hit the refresh button.
We have significantly improved our financial reporting efficiency, reducing time spent on board reports from hours to minutes.
Pre-built templates to start from. Unlimited flexibility to go further.
Velixo ships with pre-built templates for the reports every finance team needs alongside the functions to build anything those templates don't cover.
- Profit & loss
- Balance sheet
- Trial balance
- Cash flow
- Cash flow forecasting
- Expense report analysis
- Cross-ledger reconciliation
- Audit & control reports
- Budget vs. actuals
Commonly built by customers
- Multi-entity consolidated P&L
- Rolling 12-month trend reports
- Board and investor packages
- Revenue by product line or region
- Management accounts with KPI metrics
- Segment reporting
Who benefits from Velixo’s financial reporting
Financial Controller
Month-end close relies on financial reports that are accurate, current, and formatted for leadership. Velixo cuts the rebuild cycle and keeps reconciliations tied to the source.
See how controllers use VelixoCFO
Board and investor reporting that assembles from live data rather than a manual build saves hours every reporting cycle and removes the risk of presenting stale numbers.
See how CFOs use VelixoFinance Manager
A small team carrying the full reporting workload needs reports that refresh, not reports that require rebuilding from scratch each month.
See how finance managers use VelixoERP Consultant / Analyst
Pre-built financial templates that deploy quickly and flex to any client's chart of accounts are the foundation of repeatable reporting engagements.
See how ERP consultants use VelixoWorks with your ERP
Velixo's financial reporting capabilities are purpose-built for each supported platform. The integration is native, not a generic connector.
Related use cases Velixo supports
Your existing reports. Live data. No rebuild.
Most finance teams who evaluate Velixo for reporting start with a report they’re already producing manually and see what it looks like when it refreshes instead.
Pre-built financial report templates included. Most teams are running live reports within a day. No IT involvement required.