CFOUR - Financial Consolidation Tool

For faster, error-free financial consolidation

What is CFOUR?

CFOUR is a financial software for consolidation that assists inter-company accounting by centralising data from various sources.

It allows for flexible collaboration to process consolidation faster and get accurate consolidated reports instantly.

WHY Cfour?

Accurate Data

Accurate Data

A controlled environment and version traceability ensure the accuracy of consolidated financial statements. With all necessary data stored in one database, data integrity is guaranteed.

Better Process Visibility and Control

Better Process Visibility and Control

This advanced management accounting tool is designed in a governed environment to centralise the financial consolidation process through the collaborative dashboard.

Faster Consolidation

Faster Consolidation

Reduce the laborious time taken for group accounts consolidation leveraging quality time for analysis.

Consolidation Process Flow

CFOUR instils simplicity by replicating the familiar consolidation process in accounting into the four distinct stages of the consolidation.

1. Collate

The first stage in the process that takes data from different sources such as Excel or ERP to one data stream.

2. Compile

Stage two is the compilation of the subsidiary accounts to produce management accounts.

3. Calibrate

This stage inter-company reconciliation involves journal entries where inter-company elimination is logged and validated through a simple user-friendly interface.

4. Consolidate

The final stage of financial statements consolidation is to consolidate the subsidiary accounts into the holding company and produce consolidated statements.

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Blog

How to convince your CFO that your Finan...

By Stefan Farrugia, 2018-02-20

If you aren’t sure how to convince your CFO that your Finance Team needs consolidation software, this post is for you.

Read more
IFRS consolidation - reporting standards...

By Laura Jasenaite, 2018-02-13

New IFRS consolidation regulations were issued in 2016 – the IFRS adopted by the EU is simpler and offers businesses various options relating to documentation.

Read more
Inter-company reconciliation process flo...

By Stefan Farrugia, 2018-02-01

Get your colleagues on board and keep them accountable

Read more

Developed by Eunoia

CFOUR is the new Financial Statement Consolidation Software developed by Eunoia.

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