Consolidation in the Financial Management Suite
Companies with multiple subsidiaries are familiar with this problem: Each subsidiary operates with its own chart of accounts, different accounting systems, and sometimes even in different currencies. For the consolidated financial statements, this data must be merged and manually reconciled. This costs the accounting department time and almost inevitably leads to errors.
The Financial Management Suite automates consolidation. Intercompany relationships are automatically eliminated, currency conversions are standardized, and the entire process is transparently documented. This results in consistent consolidated financial statements.
Efficient intercompany reconciliation
By classifying accounts as intercompany-relevant, intra-group transactions are automatically identified and eliminated in the consolidation process – transparently, traceably and without manual rework.
Multi-currency capability
Different currencies are consistently integrated into the consolidated financial statements.
Flexible chart of accounts mappings
Different charts of accounts can easily be mapped to a group chart of accounts.
Consistent consolidated financial statements
All company data is compiled in a central reporting system – verifiable and exportable at any time.
Transparency for auditors and investors
All consolidation steps are documented and traceable.
Relief for the finance department
Less manual Excel work, fewer rounds of voting, fewer sources of error.
See the Financial Management Suite in action.
Gain full transparency now. A free demo shows how quick and easy it is.
Discover the Financial Management Suite
Here you can get a first glimpse of the Financial Management Suite. Feel free to click through.
To maximize the view, select "Full screen mode" in the bottom right corner.
The selection fields at the top of the menu allow you to limit/select the displayed data accordingly. By clicking the + sign, you can expand the hierarchy down to the account level.
By right-clicking on a number in the "Actual" column, you can navigate to the individual transaction level via "Execute drillthrough" and "P&L transaction details".
You are welcome to test the Financial Management Suite extensively in a demo. To do so, click on "Demo Access".
Use cases of the Financial Management Suite
Consolidation within a company affects far more than just accounting: it determines transparency, comparability, and the quality of financial statements. FMS supports all those responsible in efficiently consolidating complex structures – reliably and transparently.
Corporate structures in medium-sized businesses
Companies with multiple subsidiaries or international branches benefit from centralized, automated consolidation. This saves time and ensures reliable financial statements – whether monthly, quarterly, or annually.
Private Equity Portfolios
For investors, comparability is crucial. FMS allows for the rapid consolidation of investments – including standardized KPIs that enable a comprehensive portfolio overview.
Preparation for an audit
FMS not only delivers the financial statements but also documents the entire consolidation process. This ensures that companies are optimally prepared for audits and can provide auditors with the necessary transparency at any time.
Controlling
Controllers need clear, consistent data across all companies. The FMS automates consolidation, creates uniform structures, and enables detailed variance analyses – without manual processing or version chaos.
CEO
CEOs need a reliable overview of the company. FMS delivers consolidated figures that are immediately understandable and always up-to-date – a solid foundation for strategic decisions, investments, and growth.
How much does the Financial Management Suite cost?
Calculate your price for the Financial Management Suite now. Transparent, flexible, and tailored to your needs.
Features of the Financial Management Suite
Reporting & Analytics
Full transparency regarding profit and loss statement, balance sheet, cash flow and individual KPIs – with standard reports that are ready to use immediately and dynamic dashboards for in-depth analysis.
Further modules
Special modules such as the PE cockpit provide investors and investment companies with exactly the key figures they need – from portfolio overviews to return analyses.
Planning & Forecasting
Integrated planning and forecasting with minimal effort. Create scenarios, compare planned/actual values, and gain planning certainty for investors, banks, and management.
Individual Developments
Every company is unique. Custom developments allow for the implementation of additional reports, interfaces, and dashboards – tailored to your specific requirements.
Interfaces
Seamless integration of all relevant accounting and banking systems – from DATEV and SAP to bank APIs. This ensures that financial data is automatically and accurately transferred to reporting.
Financial Management Suite
FMS: The solution for SMEs, Private Equity Firms and Tax Advisors
The Financial Management Suite (FMS) from loyos bi is the ideal reporting solution for demanding SMEs, Private Equity firms, and Tax Advisors who rely on dependable figures. It combines consolidation, planning, and forecasting with over 25 standard reports on profit and loss, balance sheet, and cash flow – all at the touch of a button.
With FMS, financial reporting becomes scalable, efficient, and transparent. All relevant data is centrally available – from the group overview down to the individual booking level. Thanks to seamless interfaces, systems such as DATEV, SAP, Sage, LucaNet, or even Excel and CSV files can be easily integrated.
Efficiency, transparency and flexibility in one system
Instead of struggling through manual Excel spreadsheets, FMS delivers validated, consistent analyses in interactive dashboards. Heterogeneous companies, different charts of accounts, currencies, or evaluation structures – everything is brought together in a central report.
The solution offers complete flexibility: In addition to planning, forecasts, and consolidation, features such as a PE cockpit, customizable KPIs, and many more are available. All key figures can be flexibly filtered, compared, and analyzed down to the company or cost center level – for maximum transparency.
Ready to go in no time – with support from Finance -professionals
Getting started with FMS is quick: The system is ready for use in less than two weeks, and the average effort on the customer's side is only one hour.
And should support ever be needed, experienced help is available. Finance-Professionals at your side who know the requirements of investors, banks and management.
The FMS contract can be cancelled monthly. Theoretically. In practice, this almost never happens – and frankly, we're very happy about that. Customers appreciate this combination of efficiency, transparency, and service – and remain loyal to FMS in the long term.
Answers to your questions
In this section you will find the most frequently asked questions about the Financial Management Suite (FMS) – answered concisely and to the point.
Can different charts of accounts be represented?
Yes. Different charts of accounts can be mapped to a group chart of accounts – flexibly and adaptably.
How does currency conversion work?
FMS supports multi-currency capability and automatically converts currencies according to defined exchange rates.
How audit-proof is the consolidation?
All consolidation steps are transparently documented and can be traced by auditors at any time.
How often can consolidation occur?
As often as needed – monthly, quarterly, or annually. The data is always available in its most up-to-date form.
See the Financial Management Suite in action.
Gain full transparency now. A free demo shows how quick and easy it is.
About loyos bi
loyos bi was created in 2020 by Finance - and BI experts founded – with the goal of finally making reporting simple and reliable.
Today, over 1,000 users rely on the solutions. More than 80% of new customers come through referrals – a strong sign of satisfaction and trust.
Support doesn't end with go-live: Customers receive personal support, continuous development of reports, and, upon request, content support. Finance - or HR controlling. This creates a long-term partnership instead of just a software solution.
