What slows reporting in a growth strategy
- 01
Every acquisition brings a new system
Acquired companies use their own accounting systems, and group figures are compiled manually.
- 02
Intercompany transactions increase
Intercompany trade and financing grow, and reconciliation takes more and more time.
- 03
Reporting is not comparable
The board and investors receive reports in different formats from different companies.
One platform for the entire portfolio
New entities are added to group reporting without changing systems.
Integrations with acquired companies' systems
Acquired companies' accounting systems do not need to be changed before consolidation.
Automated consolidation
Eliminations, non-controlling interests and consolidated financial statements in one environment.
Consistent management reporting
The board and investors receive comparable reports at group and entity level.
How advisors can use Finadeck
Post-acquisition integration
Quickly integrate an acquired company into group reporting.
Portfolio reporting model
Build one reporting model for use across all portfolio companies.
Developing the finance function
Help portfolio companies automate consolidation accounting and IC reconciliation.
Budgeting and forecasting
Bring budgets and actuals together in one environment.
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 same consolidation and reporting model can be replicated across portfolio companies.
No. Finadeck reads data through pre-built integrations, so existing systems can remain in use.
Finadeck delivers implementation on a turnkey basis, with partner participation if desired. A designated Finadeck contact is always available for technical matters.
Terms are based on Finadeck's partner agreement. Get in touch to discuss the agreement.