Consolidation & Close · Data Consolidation
Consolidate every entity. Trust every number.
Financial data consolidation that runs itself: a faster close across every entity and ERP, with every number traceable to its transaction.
every figure traces to its GL ✓
The problem
Multi-entity consolidation still runs on copy-paste.
The files arrive late, the validation runs past midnight, and you walk into the board meeting hoping it all ties.
The first week of the month is gone
Exports from three ERPs, intercompany reconciled by hand, and a workbook only one person can rebuild.
Charts of accounts never agree
Every entity books the same expense differently, and each mapping fix lives in someone's memory.
The numbers won't tie out
Revenue reaches the board deck through six spreadsheets, and nobody can prove which version is right.
One connection
How financial data consolidation works in Cube.
Connect each subsidiary once. Cube handles the mapping, eliminations, and FX, and sends consolidated numbers everywhere your team works.
The Agentic Finance Layer
The governed foundation powering every experience.
- Unified DataOne source of truth for all your business data
- Advanced Business LogicRules, metrics, calculations and consolidations
- AI Agents & AutomationInsights, forecasting, workflows and automation
- Security & ControlsAccess, auditing and compliance
- APIs & IntegrationsOpen APIs and pre-built connectors
One connection. Trusted everywhere.
The framework
The five layers of financial consolidation.
Every consolidation runs through the same five layers. Most tools handle two or three. The Agentic Finance Layer runs all five.
Connect
Actuals from every ERP, HRIS, billing platform, CRM, and warehouse land in one environment.
Normalize
Charts of accounts, dimensions, and entity structures map into one shared financial model.
Govern
Permissions, approvals, lineage, audit history, FX rates, and business logic apply to everything.
Consolidate
Entities combine, currencies translate, eliminations apply, and consolidated results calculate.
Deliver
Governed numbers reach Cube, spreadsheets, decks, chat, BI tools, and AI assistants.
Live data
A consolidated P&L that updates itself.
Pull consolidated actuals into the spreadsheet you already use, then publish your plan back.
| $K | Jan · Actuals | Feb · Actuals | Mar · Actuals | Apr · Plan | May · Plan |
|---|---|---|---|---|---|
| Revenue · US entity | 1,840 | 1,905 | 1,980 | 2,040 | 2,100 |
| Revenue · UK entity (GBP→USD) | 620 | 655 | 690 | 710 | 730 |
| Intercompany eliminations | (60) | (65) | (70) | (70) | (75) |
| Total revenue | 2,400 | 2,495 | 2,600 | 2,680 | 2,755 |
| Operating expenses · US entity | 1,310 | 1,335 | 1,360 | 1,390 | 1,410 |
| Operating expenses · UK entity | 470 | 480 | 495 | 505 | 515 |
| EBITDA | 620 | 680 | 745 | 785 | 830 |
Spreadsheets are fine. Disconnected spreadsheets are the problem.
Charted
The consolidated picture, drawn.
Total revenue after eliminations, with EBITDA on the same axis. Every point ties to the entity grid above.
Under the hood
Eliminations and currency translation, shown.
Both run automatically inside the governed model. Both stay traceable.
| Entity → counterparty | $K | Status |
|---|---|---|
| US → UK · IC revenue | 70.0 | matched ✓ |
| UK → US · IC expense | (70.0) | matched ✓ |
| Consolidated impact | 0.0 | eliminated |
| UK entity | Local £K | Reported $K |
|---|---|---|
| Revenue | 543.3 | 690.0 |
| Operating expenses | 389.8 | 495.0 |
| Every converted figure opens to the local transaction | trace ↓ | |
Mapping
Every subsidiary's GL, mapped once into one structure.
The Intelligent Mapping Agent proposes, your team approves. Every subsidiary rollup ties back to the same accounts.
- Consolidated P&L
- Total revenue
- US entity 4000–4090
- UK entity 4010–4055
- Operating expenses
- US entity 6000–6890
- UK entity 6021–6740
- Total revenue
Change the dimension, keep the model. Same accounts, new rollup.
Cube proposes. Finance approves. The mapping applies to every future period.
In the browser
The same governed model, in the web app.
Consolidated reporting, entity filters, variance, and the AI Analyst, on the numbers you just saw.
| $K | Actuals | Plan | Var |
|---|---|---|---|
| Total revenue | 2,600 | 2,540 | +2.4% |
| Operating expenses | 1,855 | 1,880 | −1.3% |
| EBITDA | 745 | 660 | +12.9% |
EBITDA beat plan by $85K, driven by UK revenue and lower US contractor spend. Trace to source →
The architecture
Why Cube is different.
Most consolidation tools create another system finance has to work around. Cube becomes the governed layer connecting every system and workflow.
Traditional consolidation tools
- ✕Data copied through exports and ETL pipelines
- ✕Separate consolidation, planning, and reporting models
- ✕Spreadsheet work disconnected from governed data
- ✕Mapping logic buried in consultants' configurations
- ✕Reports go stale between refreshes
- ✕Changes wait on administrators and partners
- ✕AI guesses without financial context
Cube, the Agentic Finance Layer
- ✓One governed model, connected live to source systems
- ✓Consolidation, planning, and reporting on the same data
- ✓Spreadsheet-native and browser-native, same governance
- ✓Mapping and business logic owned by finance
- ✓Every output traces to the transaction
- ✓Delivered to every surface your team works in
- ✓FP&Agents operate on governed financial context
Why teams choose Cube
From three ledgers to one answer.
Consolidated automatically
Actuals, mappings, eliminations, and FX run on their own. Manual assembly becomes review and sign-off.
Finance owns the model
Change mappings, entities, and rollups yourself, without waiting on outside consultants. Patented bi-directional sync keeps every spreadsheet live.
Trace to the transaction
Every figure opens to the transactions behind it, with a full audit trail of who changed what.
Adoption
Runs alongside the stack you already have.
Cube sits on top of your ERPs and spreadsheets. Nothing gets replaced, and finance is in the driver's seat from day one.
Finance-led setup
Configured by your team, guided by ours.
Rip-and-replace
Your ERPs and spreadsheets stay exactly where they are.
Onboarding
Hands-on setup with a named implementation contact.
Connect
Source systems linked through pre-built integrations.
Map
Accounts and dimensions proposed, finance approves.
Validate
Consolidated reporting checked against the old close.
Expand
Planning, reporting, and agent workflows switch on.
FP&Agents · The Data Managers
The agent team that keeps your consolidation clean.
Meet the Data Managers, the FP&Agents that handle the tedious parts. Every action is logged and traces to the transaction.
Data Hygiene Agent
Catches duplicates, anomalies, and unmapped accounts before they reach your consolidated numbers.
Intelligent Mapping Agent
Maps new GL accounts from any entity into your chart, and asks your team when it isn't sure.
Continuous consolidation
Actuals land on schedule, eliminations apply themselves, and your consolidated numbers stay current between closes.
Where you work
One model, on every surface.
Cube delivers the same governed numbers wherever the work happens. Explore the full story on Where You Work.
Cube Workspace
The browser app where finance builds the model, sets permissions, and publishes.
Excel & Google Sheets
Bi-directional sync: fetch live actuals into the sheet, publish plans back.
AI assistants via MCP
Claude, ChatGPT, and Gemini answer from your governed numbers.
Slack & Teams
Ask a question in chat and get the governed figure back, with the trace.
PowerPoint & Google Slides
Decks with figures bound to Cube that refresh to the current numbers.
BI tools
Tableau, Looker, and Power BI read from the same model as the plan.
Use cases
Where consolidated data goes to work.
Financial close
Close-ready consolidated actuals the morning after the books close.
Data governance & audit
Governed mappings, approvals, and a full audit trail across every entity.
Variance analysis
Compare consolidated actuals to plan the moment actuals land.
Multi-entity reporting
One report, every entity, any dimension, with zero rebuilds.
Board reporting
Board decks built on numbers that tie back to the ledger.
Cash flow forecasting
A consolidated cash view across every entity and account.
See consolidation on your own numbers.
Bring one entity's trial balance. We'll map it live on the call.
The complete guide
What is financial data consolidation?
Already convinced? Book a demo. Still researching? Here's the short course.
The definition
Financial data consolidation is the process of combining actuals from multiple entities, ledgers, and source systems into a single governed financial model, with every account mapped to one chart, currencies converted, and every figure traceable to the source transaction.
Five moving parts make it hard: separate ERPs, disagreeing charts of accounts, multiple currencies, intercompany balances, and a close that has to finish on time.
Three entities, three ledgers
mapped · converted · eliminated · traceable
The obstacles
Why is financial data consolidation difficult?
Six problems come up in almost every multi-entity close. Cube was built to remove each one.
Consolidation is hard for one reason: every ERP, chart of accounts, and entity speaks a different language.
Different charts of accounts
Every entity codes the same expense differently. In Cube, accounts map once into one governed chart.
Manual currency translation
Spreadsheet FX rates, applied inconsistently. Cube converts every entity on governed rates.
Intercompany reconciliation
Balances reconciled line by line. Cube applies your eliminations as actuals land.
Multiple ERPs
Each system exports differently. Pre-built connectors pull every ledger on schedule.
Audit readiness
Auditors ask where numbers came from. Every figure traces to the transaction, on a full audit trail.
Data quality
Errors surface at the worst time. The Data Hygiene Agent flags them before they reach the consolidated P&L.
The comparison
Manual vs automated consolidation
The difference shows up at every step of the close.
Consolidation should run continuously, instead of living inside a monthly spreadsheet project.
| Manual spreadsheets | Cube | |
|---|---|---|
| Exports | ✕Every ERP, every month, by hand | ✓Actuals sync on schedule |
| Account mapping | ✕Rebuilt in hidden tabs | ✓Mapped once, applied automatically |
| FX conversion | ✕Copied rates, applied inconsistently | ✓Governed rates, converted natively |
| Eliminations | ✕Reconciled line by line | ✓Applied on your business logic |
| Audit trail | ✕Whoever remembers | ✓Who, when, before and after |
| Close speed | ✕The first week of the month | ✓Consolidated as actuals land |
| Version control | ✕Six copies of the truth | ✓One governed model |
| Governance | ✕Access is all or nothing | ✓Role-based permissions |
The landscape
Types of financial consolidation
Different jobs, same underlying need: one trusted set of numbers.
Management consolidation
The internal view: performance by entity, region, and department for decision-making.
Legal consolidation
The statutory view: entity results combined under accounting standards, eliminations included.
Financial reporting consolidation
The external view: consolidated statements for boards, lenders, and investors.
Multi-entity consolidation
Any structure with more than one entity, from two subsidiaries to a global org chart.
Multi-ERP consolidation
Entities on different systems, consolidated without forcing everyone onto one ERP.
All five in one model
Cube runs management, legal, and reporting views from the same governed data.
The playbook
Financial consolidation best practices
Five habits separate painful closes from calm ones. Cube automates all five.
Map once, standardize everywhere
One chart of accounts, one set of mappings, applied to every entity.
Govern your dimensions
Entity, department, and region rollups defined centrally, changed with approvals.
Automate FX and eliminations
Governed rates and tagged intercompany balances, handled by the rules.
Keep a full audit trail
Every change recorded: who, when, before and after.
Keep finance in control
If changing a mapping needs a consultant, the model owns you.
The checklist
What to look for in financial data consolidation software
Six criteria that separate consolidation tools, whoever the vendor is.
Connectors for every system you run
ERP, HRIS, CRM, and billing, through pre-built integrations rather than custom builds.
Mapping finance can change
New accounts and entities handled by your team, same day.
Native multi-currency
Governed FX, with converted figures traceable to local currency.
Eliminations on your logic
Your intercompany rules, applied automatically as actuals land.
Trace to the transaction
Any consolidated figure opens to its source in one click.
Spreadsheet-native work
Your team keeps Excel and Google Sheets, connected live.
Security & governance
Finance-grade controls, from connection to board deck.
Read-only connections by default
Cube reads from your ERPs; nothing writes back to the source systems.
Role-based permissions
Access scoped by role, so each user sees what they should.
Full audit trail
Every change records who, when, and the before and after values.
Governed mappings
Mapping changes route through approval workflows before they touch consolidated numbers. More at cubesoftware.com/security.
Trace to the transaction
Every number opens.
Every finance leader knows the feeling of presenting a number they can't fully explain. In Cube, any consolidated figure drills to the entity accounts and source transactions behind it.
| Mar 03 | AWS | cloud infrastructure | Sage Intacct | $18.6K |
| Mar 11 | Salesforce | CRM licences | Sage Intacct | $18.4K |
| Mar 27 | Atlassian | engineering tooling | Sage Intacct | $9.8K |
| + 14 more transactions · $14.4K | ||||
Consolidation, off your plate.
See actuals from every entity land in one governed model, on a demo built around your stack.
Personalized to your entities, ERPs, and chart of accounts.
