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Compare The Best Tools for Financial Reporting

Why should I have a tool for financial reporting?

Financial planning, reporting, analysis, consolidation, and forecasting today have a stricter regulatory framework than before, which is why tools are needed to manage these tasks. Working data-driven is an effective way to ensure that decisions are based on facts rather than guesses. The services and tools for financial reporting in the market are both user-friendly and flexible. These tools help you achieve maximum growth. At BusinessWith, you can easily compare different tools and services for financial reporting. We have mapped and compiled the best solutions so that you and your company can compare – ultimately finding the financial reporting tool that suits you best. Welcome to start your comparison now.

Which tool for financial reporting should I choose?

Regardless of the type of system, service, or tool you are looking for, we at BusinessWith can almost guarantee that we have the right system for you and your business. We offer comparisons of platforms across many different categories – especially in finance, budgeting, forecasting, and accounting. With a financial reporting tool, you and your company gain access to real-time data, making it easy to make well-informed decisions that benefit growth. A tool for automated and customized reporting and group consolidation saves both time and money. But which solution should you choose? Always consider your industry, company size, and personal needs and goals. What features or products do you absolutely need? Should the service be scalable if you grow? Or is a simple solution sufficient for handling the basics? Involve all stakeholders in the company to understand your needs and challenges before starting your comparison. BusinessWith provides you with the best and most sought-after tools for financial reporting – welcome to compare and choose systems or tools with us.

How should I think about group consolidation?

List of 18 different Financial Reporting Software

The first and last ERP you will ever need. The premier cloud ERP platform for small to medium, growing and multinational businesses.

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AccuraSee is a flexible AI-based BI tool that helps you understand what makes you money. By integrating with financial and case management systems, AccuraSee handles reporting, analysis and KPI calculation automatically - in real time. Which contracts are most profitable? Which projects should be reviewed? Which offices or geographical areas are performing best? Get insights, analyses and recommen...

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Financial systems are built to close books, not to run businesses. Kleer is different. We're built for how consulting and SaaS companies operate. An automated, all-in-one finance and payroll system with a dedicated team handling the administration. The result: full control in real time and finances that drive business forward.

Learn more about Kleer Ekonomihantering

Oxceed is a modern, cloud-based system for budgeting, financial reporting and monitoring. With Oxceed, management and the board get the right information to make better decisions. Create financial reports, budgets and key figures with just a few clicks and get a financial overview of the company in real time. 📊 Create customised reports 💰 Manage budget and forecast 📈 Real-time financial overvi...

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With Exopen Planning, you as a CFO and Controller get everything you need to create a more value-creating financial and operational planning in an easy-to-use tool that the entire organisation can use. You get access to modern and data-driven functionality that streamlines your budget and forecast process with integrated analysis.

Learn more about Exopen Planning

BI Book is an automated and user-friendly BI platform that collects, visualises and analyses all your business data in real time. With ready-made dashboards, powerful data modelling and easy sharing, you get faster insights, better decisions and scalable analytics support without complexity.

Learn more about BI Book

Konstrukt offers a cloud-based system that is easy to use and get started with. With Konstrukt's integrated tools and applications, companies can manage their economic and financial reporting and perform scenario analyses to anticipate future changes. In addition, Konstrukt's system provides the ability to manage different currencies and with an integrated internal control, quality assurance work ...

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Axiom helps businesses save time in budgeting and financial planning. Get an overview of upcoming expenses and revenues that have a significant impact on the company's future. Analyse key figures, compare budgets with previous years and much more. Manage and create the view that suits you best.

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BrightAnalytics financial reporting system offers a simple and user-friendly platform. With its integrated tools and programmes, companies can perform automatic cash and cash flow forecasting, and then generate graphical performance data. In addition, BrightAnalytics' system facilitates international trade with easy handling of different currencies with the goal of simplifying internal work with i...

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Capego Finsit is an innovative solution from Wolters Kluwer that can help you optimise your financial reporting processes. With them, you'll find a user-friendly and powerful software solution that, through cloud-based technology, automates many of the tedious and time-consuming tasks normally associated with financial reporting. All-in-all, a platform that frees up your time to focus on strategic...

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Fenerum is a smart, cloud-based solution for automated subscription and financial management. The platform digitises and streamlines tasks such as invoicing, accounting, expense management and reporting. The system integrates directly with both accounting systems and banking, ensuring that many of your financial processes can run on autopilot and that data is always up-to-date and accurate.

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Hypergene is a cloud-based system that connects operational and financial management. Get access to important financial reports and key figures that are of great importance to your business. Choose how you see figures and key figures with a configurable field of view and how you want your automatic reporting, on an annual, quarterly or ongoing basis.

Learn more about Hypergene

Konsolidator is a leading provider of advanced financial reporting and consolidation software. This software has a special focus on providing an easy-to-use, cloud-based platform that allows you to automate your financial reporting. With features like data validation, consolidation, and intelligent data extraction, you can trust that your reports are always accurate and up-to-date.

Learn more about Konsolidator Konnect®

Mercur Business Control® supports all types of planning processes and handles traditional budgeting as well as forecasts for any time period and rolling forecasts.

Learn more about Mercur

Payfriend is an AI-powered financial platform that unifies a company's most important financial processes in one system. The solution helps companies manage invoicing, payments, bank reconciliation, reminders and financial overview in a more automated and coherent way.

Learn more about Payfriend

Profitbase is a Norwegian software house that delivers solutions for budgeting and forecasting, reporting, consolidation and low-code application development, all on one integrated platform. We are passionate about solving different problems for our customers so that they can focus on what's important - leading their businesses towards profitability.

Learn more about Profitbase

Wolfpack is a modern finance and expense management platform that gathers all expenses, receipts, approvals, bookkeeping and payments in one system. The platform uses intelligent automation and AI to digitise receipts, manage company cards, expenses and invoices, and create a clear overview of company finances in real time.

Learn more about Wolfpack

Our customers choose Workday Adaptive Planning because we offer unparalleled scale and performance, an intuitive user experience, and AI- and ML-based insights that help organizations of all sizes make game-changing strategic decisions.

Learn more about Workday Adaptive Planning

Quick Guide

How should I think about group consolidation?

Group consolidation takes a lot of time for those who work with it manually. BusinessWith's advice is to stop working manually – when you and your company can instead automate your processes and significantly reduce the risk of errors. Here lies the opportunity to smoothly integrate your group consolidation, that is, the financial reporting solution, directly with your business system. A customized solution ensures that you get exactly what you want.

The solutions for financial reporting provide you with an overview of all parts of the company, key figures, and give you the data-driven forecasts and ongoing reports you need. Why not acquire a service that meets the real needs of you and your company? Welcome to use BusinessWith's comparison service to find the powerful solution that suits you best.

Description of product features

Advanced filter analysis

Enable users to analyze financial data using advanced filtering options. The function allows for customized analysis of specific parts of the company's financial data to achieve a more detailed understanding of the company's performance.

Automated liquidity and cash forecast

Automates the process of creating forecasts for a company's cash flow and liquidity, facilitating liquidity planning and helping decision-makers to take necessary actions to avoid liquidity problems.

Forecasting

Predict future financial performance based on historical data and other relevant factors. The function uses various techniques and models to estimate future revenues, costs, and profitability. By using forecasting, the company can plan for the future and make informed decisions based on expected outcomes.

Generate graphical performance and information from data

Create graphical visualizations of financial information to facilitate decision-makers in understanding and communicating important financial information in a visual way. This enables quick and easy identification of trends and patterns in the company's financial data.

Integrated internal control

Ensure that the company has an effective and reliable internal control system to achieve its financial goals. The feature includes the design, implementation, and evaluation of procedures and processes intended to identify and manage risks within the organization.

Internal transaction management

The function manages and records transactions and expenses that occur between different units or departments within the same company. It ensures that transactions are recorded accurately and that there are no duplicates or errors in the accounting.

Key Performance Indicator analysis

Measure and evaluate the company's performance using various key performance indicators (KPIs). KPIs are quantitative measures used to assess the company's financial strength and profitability. The function allows for comparison of the company's performance over time and against industry standards, providing a better understanding of the company's financial health.

Managing av different currencies

Enables companies to manage transactions and report financial information in different currencies. The feature facilitates the presentation of financial information to different jurisdictions and allows the company to manage currency exchange risks and process payments in different currencies.

Project and resource planning

Plan and manage resources and costs for various projects. The function ensures efficient management of projects, budgets, and resources, as well as optimizing the use of the company's resources.

Risk management

Identify, measure, and manage various risks that can affect a company's financial results and position. The feature helps business management assess potential risks and opportunities and take appropriate actions to minimize negative impact on the company.

Scenario analysis

Assess how different scenarios can impact a company's finances. By simulating various scenarios, potential risks and opportunities that may arise in the future can be identified, enabling more informed decisions regarding the company's financial strategy.

What-if analysis

Assess the impact of different decisions or events on a company's finances. Through simulation, an assessment can be made of how a change in, for example, prices, costs or demand can affect the company's financial results and cash flow. This can help company management make more informed decisions about the company's future direction and strategy.