Farseer for consolidation

Close and consolidate faster with full control from entity to group

Farseer connects your entire consolidation workflow.

From entity trial balances to group-level reporting, every step – mapping, currency translation, eliminations, and adjustments – runs inside one governed structure.

Trusted by enterprise finance teams

Consolidate data from every entity and ERP

Standardize entity trial balances, map to group accounts, and roll up through a controlled hierarchy.

Automate currency and IC transaction cleanup

Standardize FX logic and resolve intercompany differences in a structured, traceable workflow.

Maintain compliant consolidated reporting

Standardize group statements and stay audit-ready across IFRS, GAAP, and local frameworks.
‘Farseer has significantly enhanced the speed, quality and reliability of our insights.’
Sonja Grgić Barbir

Head of Financial Controlling EOS Matrix

The Problem

Consolidation is manual, fragmented, and hard to control

Integrity

Your group numbers don’t fully reconcile.

Intercompany doesn’t match, FX is inconsistent, and adjustments live in side files. You fix issues instead of analyzing results.

Speed

Consolidation takes weeks of manual aggregation.

You stitch spreadsheets and fix intercompany mismatches until your numbers are stale.

Control

You don’t know if the group is ready to consolidate.

There’s no clear visibility into entity status, missing mappings, or reconciliation gaps before final consolidation.
GET SHEET DONE

Farseer turns weeks of consolidation into minutes

Structured consolidation

Standardize entity data before you consolidate

Farseer brings all entities into one governed consolidation model.

Load trial balances, align local charts to your group structure, and apply consistent logic across every company.

You move from fragmented inputs to a controlled consolidation foundation.

  • Local-to-group account mapping
 Map each entity’s chart of accounts to one unified group structure.
  • Multi-level hierarchy support
 Consolidate across parent levels and final holding in one model.
  • Ownership logic built in
 Apply ownership percentages and NCI automatically where required.

Controlled eliminations & FX

Eliminate mismatches before they reach group results

Farseer standardizes currency conversion and intercompany eliminations.

Structured, transparent logic ensures discrepancies are visible before final consolidation, not after.

Deliver consolidated statements you can stand behind.

  • Centralized FX management
 Maintain and apply consistent exchange rates across entities and periods.
  • Intercompany partner logic
 Identify related-party transactions and eliminate them automatically
  • Counterpart validation checks
 Detect and resolve intercompany differences before consolidation runs.
Farseer has cut our manual work by more than 50%. And I know exactly where every number came from.
Nataša Višnić

Head of Financial Reporting CIOS Group


Governed close process

Consolidation is governed and controlled, not just calculated

Farseer turns consolidation into a controlled, rule-driven workflow.

Before group results are produced, the system verifies that each entity is complete, mapped, reconciled, and balanced.

Consolidation runs on validated data, not assumptions.

  • Entity readiness indicators
 Verify trial balance, FX, mappings, and intercompany status
  • Controlled group adjustments
 Add consolidation adjustments with full control.
  • Audit-ready drill-back
 Trace consolidated figures back to source entities and accounts.
‘We plan entirely in Farseer — it’s faster, simpler and more precise than ever. Our rolling forecasts are now updated monthly.’
Viktor Hajnal

Head of Corporate Controlling Mlinar


Find out how Farseer takes out chaos from consolidation

Talk to our solutions experts so they can build a customized demo for your organization.

Book a demo

Platform

1

Farseer AI

Eliminates manual forecasts and answers complex data questions with live chat.
2

Modeling

Builds robust enterprise logic with natural language formulas (no code).
3

Sheets

Offer a familiar spreadsheet interface built on the industry’s fastest database.
4

Dashboards

Replace static slide decks so you can instantly drill down from P&Ls to invoices.
5

Security

Locks sensitive data with audit trails and granular permissions certified to ISO 27001.
6

Integrations

Sync your live ERP and CRM data to map and clean millions of rows.
7

Calculation engine

Crushes millions of rows to simulate massive datasets in seconds.
GET STARTED

Farseer transforms your scattered data into secure decisions

ASSESS

Map your workflows

We review your data, processes and business goals to design the right setup.

CONNECT

Secure your foundation

We integrate your systems and structure your data in an isolated, ISO-certified environment.

ACTIVATE

Steer your organization

Your team can budget, forecast and model scenarios in one connected platform.

‘Farseer’s automation frees us from the grind of manual tasks so we can focus on deeper, more impactful analyses. It’s a game changer.’
Neven Bahtijarević

Senior Controller EOS Matrix

Find out how Farseer delivers audit-ready group reporting

Talk to our solutions experts so they can build a customized demo for your organization.

Book a demo

FAQ

Farseer’s consolidation solution covers the entire group close workflow, including trial balance loading, chart of accounts mapping, currency translation, intercompany eliminations, and group-level reporting. Every step runs within a single governed structure, ensuring full control, traceability, and audit-readiness from entity to group.

Farseer handles intercompany eliminations and currency translation through standardized, rule-driven logic within a structured, traceable workflow. Discrepancies are identified and resolved before they reach group results, ensuring consolidated statements are accurate, consistent, and fully defensible.

Yes, Farseer supports multiple accounting frameworks, including IFRS, GAAP, and local reporting standards. Group statements are maintained in a compliant, audit-ready state across all applicable frameworks, without requiring manual adjustments between reporting periods.

Farseer ensures consolidation readiness by verifying that every entity is complete, mapped, reconciled, and balanced before group results are produced. This pre-consolidation validation eliminates late-stage errors and gives finance teams clear visibility into entity status and reconciliation gaps in advance.

Yes, Farseer consolidates data from multiple entities and ERP systems by standardizing trial balances, aligning local charts of accounts to the group structure, and applying consistent logic across every entity, replacing fragmented spreadsheet processes with a single, controlled consolidation foundation.