BrizoConsol

What is BrizoConsol?

BrizoConsol is a Financial Close and Consolidation platform designed to automate month-end reporting for organizations managing multi-entity structures. The solution centralizes data from disparate accounting systems to facilitate Intercompany Eliminations, Multi-Currency Reconciliation, and compliance with IFRS and GAAP standards.

Key Capabilities

Automated Consolidation: Automates the workflow from Data Ingestion to NCI (Non-Controlling Interest) calculations and consolidation adjustments.
Daily Data Synchronization: Maintains native integrations with Xero, QuickBooks, MYOB, and Zoho Books to sync financial data without manual imports.
Organizational Hierarchy Management: Provides a visual interface for managing group structures, including Virtual Groups for regional or business-line reporting without altering the statutory structure.
Interactive Financial Reporting: Generates drillable P&L, Balance Sheet, and Cash Flow statements that allow users to trace consolidated figures back to source entities.
Real-Time KPI Monitoring: Features a "Pulse" module that provides health scores, cash flow analysis, and Accounts Receivable/Payable monitoring.
Automated Report Distribution: Schedules the delivery of report packages to management and external stakeholders.

Audience & Use Cases

Audience: Finance Teams, Group Controllers, and Accountants managing multi-entity portfolios with diverse currencies.
Use Case: Automating the reconciliation of intercompany transactions and minority interest calculations.
Use Case: Providing management with consolidated visibility into regional business performance via virtual reporting structures.

Technical Specifications