Less reconciliation.More advisory.
An experienced consultant's time is too valuable to spend combining Excel spreadsheets. Finadeck automates routine consolidation accounting so you can focus on IFRS matters, M&A and supporting financial leaders.
Where expert time goes today
- 01
Data collection
Figures are requested from different entities and systems, then combined manually.
- 02
Manual reconciliation
Finding and investigating IC discrepancies takes hours during every monthly close.
- 03
Recurring calculations
Eliminations, non-controlling interests and reports are rebuilt every time.
Finadeck handles the routines; you make the decisions
One environment for consolidation, reconciliation, reporting and forecasting.
Automated IC reconciliation
Discrepancies appear as individual transactions, with an auditable processing history.
Consolidation and IFRS reporting
Eliminations, non-controlling interests and associates calculated automatically.
Budgeting and forecasting
Income statement, balance sheet and cash flow budgets in the same environment as actuals.
Services you can build on Finadeck
Monthly consolidation service
Package group accounting as an ongoing service.
IFRS and financial statement advisory
Use the time saved for complex accounting matters.
M&A support
Integrate new entities into group reporting in a controlled manner.
Finance leadership forecasting
Build a budgeting and forecasting model for the client.
Your first client won't be left to you alone.
Finadeck delivers initial implementations together with you on a turnkey basis and trains your team. A designated Finadeck contact is always available for technical matters.
How the partnership works in practice
Sales and invoicing
Agreed individually: the software can be sold and invoiced by the partner or Finadeck.
Revenue
Partners can earn revenue from software, implementations and ongoing services. Revenue terms are based on Finadeck's partner agreement.
Implementations
Initial clients are onboarded together, usually on a turnkey basis. Afterwards, the partner may handle implementations independently if desired.
Training and support
Finadeck provides full support with implementation training. A designated Finadeck contact is always available for technical matters.
Joint sales
Finadeck participates in software demonstrations whenever the partner wishes.
Partner model
One partner model is currently available. A certified partner model and partner tiers are planned.
Partner revenue is based on Finadeck's partner agreement. Get in touch to discuss the agreement and revenue opportunities.
What our customers say
More than 150 groups use Finadeck for consolidation accounting and IC reconciliation.
- Social and care servicesAvosylin Group
”The reconciliation functionality has been a significant improvement for us. Potential posting errors are much easier to find, and the time spent on monthly close has fallen from hours to minutes.”
Jaana Martinmäki, Specialist, Financial Administration and Accounting - Real estate investmentKansallis Companies
”Consolidated financial statements are now prepared in hours instead of weeks, and reporting has become significantly more streamlined.”
Ilkka Paju, CEO, Kansallis Companies - Financial servicesSöderberg & Partners
Elimination of intercompany transactions has been automated in Finadeck, reducing manual consolidation accounting steps. IFRS reporting, budgeting and rolling forecasts are also in use.
Frequently asked questions
Yes. The partnership suits both independent providers of CFO services and consulting firms serving corporate groups.
Yes. Consolidated financial statements and IFRS reporting can be prepared in Finadeck in the same environment.
Initial implementations are usually delivered together with Finadeck on a turnkey basis. Afterwards, you may handle implementations yourself if you wish.
Terms are based on Finadeck's partner agreement. Get in touch to discuss the agreement.