Model your group structure
Define the legal group structure once. Each entity keeps its local currency and source context while the group close works from one governed model.
Book a DemoFinance AI Feature
Early AccessControlled group close from entity data to management reporting.
Bring group structure, source data, currency translation, intercompany review, straightforward acquisition accounting, and management reporting into one controlled workflow.
Early Access
Consolidation Lite is available in Early Access and under active development.
We are building the product around real group reporting workflows, including group structure, multi-entity data collection, account mapping, currency translation, intercompany matching, acquisition accounting, and group-level reporting.
- Entity and group structure
- Multi-entity data collection
- Account mapping and semantic controls
- Currency translation
- Intercompany matching and suggested eliminations
- Straightforward acquisition accounting
- Controller review and group-level reporting
Early Access engagements are tailored to each group’s reporting process, with product development prioritised according to practical customer needs and feedback.
New in Consolidation Lite
Acquisition accounting inside the group close
See a reviewable acquisition basis connect group structure, subsidiary investment elimination, and the consolidated result. The Early Access scope is designed for straightforward, fully owned subsidiary structures.
Watch the acquisition demo →From group structure to management reporting
One governed story from local entities to the group result.
The public product story stays focused on the finance workflow: model the group, review the close, and bring the result into management reporting.
Set up the acquisition
Capture a clear calculation basis for a straightforward acquisition before it affects the group close. Finance remains in control of the review.
Review the group result
Bring entity results, elimination effects, and the consolidated group total into one reviewable close view.
See the group balance sheet
Entity balances, intercompany eliminations, and acquisition eliminations remain visible separately all the way to the consolidated group total.
Turn the close into management reporting
Use governed group figures and finance-reviewed commentary to prepare management-ready reporting after the close.
Problem
What finance teams are trying to fix
Growing groups often run consolidation in Excel because enterprise EPM platforms are too large, too slow to implement, or too expensive for the actual monthly workflow.
Why it matters
Why this workflow deserves structure
Group controllers need consolidation controls without turning every reporting improvement into a long platform implementation. A lighter workflow can improve close speed while preserving review and evidence.
Before / After
What changes when the workflow is structured.
| Before | After |
|---|---|
| Excel consolidation workbooks | Controlled group reporting workflow |
| Manual FX translation checks | Structured currency translation |
| Email-based intercompany follow-up | Intercompany matching queue |
| Recurring elimination templates | Reviewable intercompany and acquisition eliminations |
Compare approaches
Consolidation Lite vs. Excel vs. Enterprise EPM
Compare the scope and operating model of a focused consolidation workflow with spreadsheet-based processes and full enterprise EPM platforms.
| Comparison area | NorthernClarity Consolidation Lite | Excel-based consolidation | Enterprise EPM |
|---|---|---|---|
| Typical fit | Growing small and mid-sized groups | Very small or ad hoc group structures | Large or highly complex groups |
| Implementation approach | Focused, tailored Early Access workflow | Familiar files with recurring maintenance | Broader platform implementation program |
| Currency translation | Structured translation with reviewed rate sets | Formulas and manual checks | Advanced rules and configuration |
| Intercompany matching | Matching queue and difference review | Workbooks, email and manual follow-up | Advanced matching and automation |
| Eliminations | Suggested eliminations for controller review | Templates and manual journals | Rules-based engines for complex requirements |
| Governance | Workflow, validation and human approval | File controls and version management | Extensive enterprise governance |
Continue the workflow
Connect this step to the wider finance process.
Use the next workflow or decision guide that matches the question you are solving.
Typical results
Credible outcomes without hard promises.
Finance teams typically use Consolidation Lite to:
- standardize group reporting
- reduce manual consolidation workbook work
- improve intercompany review consistency
- keep straightforward acquisition steps visible in the group close
- prepare consolidated reporting packs faster
How it works
A controlled workflow from source data to reviewed output.
01Model group structure
02Load subsidiary balances
03Translate currencies
04Match intercompany
05Review acquisition basis
06Review eliminations
07Close the group
08Prepare management reporting
Key capabilities
Built around the work controllers and CFOs repeat every month.
Entity and group structure
Multi-company reporting
Currency translation
Ownership percentages
Intercompany matching
Acquisition calculation basis
Subsidiary investment elimination
Controller review and group reporting
Typical finance workflow
The real monthly process this feature is designed to support.
Group structure
Define the legal entities, local currencies, source systems, and ownership structure that frame the group close.
Subsidiary trial balances
Each entity provides the starting point for group reporting.
Currency translation
Foreign entities are translated into the reporting currency.
Intercompany matching
Differences are highlighted before consolidation.
Acquisition accounting
Capture a reviewable basis for a straightforward acquisition before the related subsidiary investment elimination is included in the group close.
Eliminations and review
The finance team reviews intercompany and acquisition eliminations before group output.
Group close and management reporting
The reviewed close becomes the basis for group analysis and a management-ready reporting pack.
Related workflows
Shows how this feature connects to the broader finance process.
- 01Group structure
- 02Subsidiary trial balances
- 03Currency translation
- 04Intercompany matching
- 05Acquisition accounting
- 06Group close
- 07Management reporting
Screenshots
Product views that show the workflow, not just a feature list.
Who is it for
Designed for finance teams accountable for the monthly truth.
- Group Controllers
- CFOs
- Finance Managers
- Growing multi-entity companies
- PE-backed companies
- International subsidiaries
Inputs & roadmap
Start with practical finance inputs. Direct system integrations are roadmap items.
Available input paths
- ERP exportsInput
- Excel consolidation filesInput
- CSV trial balancesInput
Planned integrations
- SAPPlanned
- OraclePlanned
- NetSuitePlanned
- Microsoft DynamicsPlanned
- AAROPlanned
- OneStreamPlanned
Planned integrations are based on customer demand and implementation priorities.
Roadmap
Consolidation Lite roadmap
A simple roadmap separates generally available workflows, the active Early Access scope, and future capabilities.
Today
- Monthly Reporting
- Variance Analysis
- IFRS 18
- Presentation Studio
Early Access
- Group structure
- Currency translation
- Intercompany matching and suggested eliminations
- Straightforward acquisition accounting
- Subsidiary investment elimination
- Group P&L and balance sheet
- Management reporting
Future
- More complex ownership
- Non-controlling interests
- Multiple acquisitions and ownership changes
- Automated subsequent acquisition adjustments
- Cash flow consolidation
FAQ
Common questions about Consolidation Lite.
What is lightweight financial consolidation software?
Lightweight financial consolidation software gives growing groups a structured way to combine entity data, translate currencies, match intercompany balances, review eliminations, and produce group reports without the scope of a full enterprise EPM implementation. NorthernClarity Consolidation Lite is designed for this focused monthly workflow.
Is Consolidation Lite suitable for small and mid-sized groups?
Yes. NorthernClarity Consolidation Lite is designed for growing small and mid-sized multi-entity groups that need a governed monthly reporting workflow without implementing a full enterprise EPM platform. It is currently available through tailored Early Access engagements.
Does Consolidation Lite support currency translation?
Currency translation is included in the Early Access scope. The workflow translates foreign entity balances into the group reporting currency using reviewed rate sets before the consolidated report is prepared.
How does intercompany matching work?
The workflow brings counterpart balances into a matching queue, highlights differences, and supports controller review before suggested eliminations move forward.
Does Consolidation Lite support acquisition accounting?
Early Access supports straightforward acquisition structures, including fully owned subsidiaries. Finance captures a reviewable calculation basis and the workflow prepares the related subsidiary investment elimination for group-close review. More complex ownership structures and acquisition scenarios remain roadmap items.
Can Consolidation Lite replace Excel-based monthly consolidation?
For groups whose needs fit its focused scope, NorthernClarity Consolidation Lite is designed to replace linked workbook steps with a controlled workflow while retaining Excel-friendly inputs. It is not positioned as a replacement for every advanced legal consolidation requirement.
How is Consolidation Lite different from enterprise EPM software?
NorthernClarity Consolidation Lite has a narrower scope and a lighter implementation path. It focuses on recurring group reporting, currency translation, intercompany matching, suggested eliminations, controller review, and reporting; enterprise EPM platforms are designed for broader and more complex requirements.
Related features
Connected workflows inside Finance AI Workspace.
Practical finance experience
Built around real finance workflows.
Designed using practical experience from listed companies, outsourcing environments and multinational finance teams.
Trust
Built for finance workflows that need control, review, and accountability.
Built on Google Cloud
Tenant isolation
Audit trail
Role-based access
AI with human review
GDPR-aware operating model
Book Demo
Review Consolidation Lite against your real finance workflow.
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