Multi-entity, multi-currency consolidations — governed end to end.
Consolidate every entity, eliminate intercompany transactions and balances, translate currencies, and produce the group view from the same governed environment your budgets and forecasts already live in. No bolt-on third-party products, no separate model, no spreadsheets.
The consolidation hub for every entity in your group.
Every entity, every currency, every intercompany line flows through one governed layer. The group result drops out the bottom — audited, reconciled, and ready for the board.
Four phases between subsidiary submission and signed-off group result.
Each entity submits in its own currency.
Subsidiaries close their books and submit through the same governed web interface used for budgeting and reporting. Local currency, local chart, local validation rules — all preserved.
Intercompany balances reconciled and eliminated.
IDU matches intercompany balances across entities, flags exceptions, and auto eliminates balances and transactions. Reconciliation in hours, not days. Disputes routed back to the right entity owners with full audit trail.
Currency translation at every level.
Apply the right rate — closing, average, historical — by account level, by entity. Transparent generation of FCTR, not in a black box.
Group results, drillable to source.
The consolidated view sits next to entity views in the same platform. Drill from group total down to subsidiary line down to GL transaction. One number, one source of truth, full lineage for audit.
Most groups close the consolidation in days, not the weeks of manual reconciliation that came before.
Typical consolidation cycle for a multi-entity group on spreadsheets and email — chasing entities, reconciling intercompany by hand, retyping figures into the group return.
Typical consolidation cycle on IDU — entities submit through one platform, intercompany matched automatically, currency translation applied at the account level, and the group view ready for sign-off.
Every entity submission, every elimination, every translation — traceable.
Full audit trail end to end
Every entity submission timestamped. Every intercompany match preserved. Every translation rate documented. Auditors see exactly how each group line was produced.
Role-based access by entity
Subsidiary controllers see their entity. Group finance sees the consolidated picture. Same data, scoped access — governed by your policies.
Reconciliation that reconciles itself
Intercompany transactions and balances match across entities automatically through relationship building. Differences flagged and routed to the right owner. Sign-off trail captured — ready to hand to the auditor on day one.
FAQs about consolidations with IDU.
Can IDU consolidate across different ERPs?
Yes. Each entity’s ERP feeds its own data into IDU on its own cadence — SAP, Sage, Microsoft, Oracle, NetSuite all coexist. The chart of accounts is mapped at consolidation time so the group sees a uniform view without forcing a single ERP across every subsidiary.
How are intercompany balances reconciled?
IDU automatically matches IC pairs across entities by counterparty, account type, and period. Mismatches can be flagged, routed to the right entity owner, and resolved through the platform — with the audit trail preserved. No more email threads about which subsidiary booked the wrong number.
Does IDU support multiple consolidation hierarchies?
Yes. Run legal entity consolidation, management consolidation, and segment-level views in parallel from the same data set. Each hierarchy has its own elimination rules, currency policy, and access scope.
How does the audit trail handle late adjustments?
Every adjustment is timestamped, attributed, and preserved in version history. Late entries can be tracked separately from the original close so auditors see exactly when each adjustment was posted, by whom, and against which baseline.
Budgeting has been streamlined, making it simpler and faster, with better oversight across the group.
For the first time we have been able to include more people in the budgeting process, increasing involvement and transparency.
IDU eliminated manual collation and gave us a single, reliable source of truth for our budgets.
Group results, signed off and audit-ready, in days.
See IDU consolidate every entity — intercompany matched, currency translated, group view drillable to source. Book a session and see IDU in action, live.