AI Financial Consolidation Software for Modern FP&A

Solver for Financial Consolidation | Frequently Asked Questions

• What is financial consolidation software and who needs it?

  Financial consolidation software combines financial data from multiple subsidiaries, entities, or ERPs into a single, accurate group view. Organizations with more than one legal entity, those managing multiple currencies, or companies required to produce consolidated financial statements under GAAP or IFRS typically need a dedicated solution rather than spreadsheets to handle this at scale.

• How is Solver different from Excel for financial consolidation?

  Excel requires manual data collection, formula-driven rollups, and offline elimination entries that create version risk and audit exposure. Solver automates the full consolidation workflow, including intercompany eliminations, currency translation, and adjusting entries, on one cloud platform, with a complete audit trail and no manual spreadsheet assembly between entities.

• Does Solver handle intercompany eliminations automatically?

  Yes. Solver applies pre-set elimination rules to identify and remove intercompany transactions from the consolidation without manual journal adjustments to the source general ledger. Elimination rules are configurable and can be applied across any number of entity pairs, giving finance teams consistent, repeatable results every close cycle.

• Which ERPs does Solver connect to for multi-entity consolidation?

  Solver connects to Microsoft Dynamics 365, Sage Intacct, Acumatica, SAP Business One, Oracle NetSuite, and multiple other data sources. The ERP Consolidator tool can also map GL data from disparate subsidiary ERPs into a unified chart of accounts without IT intervention, supporting multi-ERP consolidations in days rather than months.

• How quickly can multi-entity organizations get consolidated reporting running in Solver?

  Implementation timelines vary by entity count and ERP complexity, but Solver's QuickStart deployment program is designed to get multi-entity organizations producing consolidated financial reports in weeks rather than months. Pre-built templates from the Financial Consolidation Accelerator Toolkit reduce configuration time further and provide a proven starting structure for consolidated reporting across every entity and currency.

• How does Solver Copilot AI support the consolidation process?

  Solver Copilot AI includes an Analysis Agent that surfaces anomalies in consolidated data, flags unusual variances at the entity level, and accelerates the review process before statements are finalized. Finance teams can query consolidated results and identify issues earlier in the close cycle.

• Can CFOs access financial reports without relying on the finance team?

  Yes. Solver's self-service portal gives management direct access to user-friendly reports and performance monitoring without waiting on finance to surface data. This closes the gap between data collection and meaningful action so leadership can make critical decisions faster.