The Swiftfinance solution allows you to consolidate information from multiple sources into a coherent whole. 

SwiftFinance
Unified Data Integration

Integrate data from multiple ERPs, charts of accounts, and legal entities into a single centralized view — all while maintaining full traceability of each source data point. Master these complex challenges with SwiftFinance’s unique features and simplify all your financial operations.


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Integrate your financial information into a single, centralized view

Prenez le contrôle de la consolidation financière dans votre organisation avec Swiftfinance


Take control of financial consolidation in your organization with Swiftfinance


SEE HOW DATA INTEGRATION IN SWIFTFINANCE CAN HELP PEOPLE LIKE YOU

A CFO talks about the benefits of using SwiftFinance for financial consolidation

CFO

We are now able to effectively support our growth-through-acquisition strategy..

Financial information from new entities is integrated quickly without impacting their normal operations. 

A Financial Analyst talks about the advantages of using SwiftFinance for financial consolidation

Financial Analyst

We can now quickly produce consolidated reports across our multiple entities and systems.

All while maintaining full traceability of the information we use and, if needed, seeing it exactly as it was at the source.

Features


Data from all your ERPs or accounting systems — even those archived or decommissioned — are integrated to produce a consolidated, centralized view of your financial information.

SwiftFinance effectively supports a growth-through-acquisition strategy or an ERP/accounting system change by addressing challenges like:

  • preserving historical data
  • managing elimination entries
  • reconciling heterogeneous charts of accounts
  • aligning definitions that vary between legal entities
  • consolidating multiple legal entities


Multiple ERPs ⚫︎ Multiple legal entities ⚫︎ Heterogeneous COA ⚫︎ Irregular hierarchies ⚫︎ Mapping rules ⚫︎ Elimination entries

Multiple ERPs / accounting systems

SwiftFinance enables the consolidation of financial information from multiple systems into a single, centralized view — while preserving the exact source of the data so it can be retrieved in its original form when needed.

Integrate financial data from multiple source systems. Consolidate the financial information from all your ERPs into a single version of the truth.

Multiple legal entities

SwiftFinance allows you to consolidate the financial information of multiple legal entities into a single, centralized view — again, maintaining exact traceability back to the source data when needed.​ 

Consolidate the financial data of your legal entities into one unified version of the truth.

Heterogeneous COA 

SwiftFinance can consolidate multiple heterogeneous charts of accounts into a single, centralized chart, while maintaining the original source traceability so you can reference the original charts if needed.​

Bring together your charts of accounts into one unified, centralized chart.

Irregular hierarchies 

SwiftFinance lets you define custom total sets to group accounts into irregular, centralized hierarchies, addressing the specific presentation needs of financial reports.

Complete your consolidated COA the way you need it.

Mapping rules

SwiftFinance allows you to define mapping rules between definitions in two systems, so you can clearly and unambiguously unify the information at the consolidated reporting level.

Define equivalence rules between data elements that aren’t shared across systems.

Elimination entries

SwiftFinance lets you define elimination companies to cancel out redundant transactions at the global level, simplifying the production of a consolidated version of your organization’s financial information. 

Define elimination companies to aggregate your financial information consistently.

DON’T HAVE ACCESS TO YOUR CONSOLIDATED DATA?

Request a short interactive demo to see how easy and automated financial data integration and consolidation can be. 

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