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FINANCIAL CONSOLIDAtion & Reporting Software

Build accurate financial reports in record time

Access all your data in one place to create custom consolidated financial statements, automate variance analysis and generate insights on demand for better decision-making.
Fueling finance teams globally
4.9
5
Rating by G2 users

Outcomes

Faster month-end closing

Automate the creation and consolidation of financial statements for faster and more accurate month-end reporting.

Improve reporting accuracy

Easily connect your ERP and other source systems for real-time data sync to ensure all your reports, models and forecasts are always up-to-date.

Track variances in real time

Keep a close watch on variances across all key KPIs and metrics that matter to your business.

Create accurate custom financial statements in no time

Easily connect your ERP and accounting systems to Drivetrain to automatically fetch your financial data.
Create financial reports at the granularity required by your business – account, class or vendor level.
Automate consolidation of data from multiple instances of the same or different ERPs to create company-level financial statements.
Manage foreign exchange rates (FX) easily on the platform to create accurate consolidated financial statements.
Explore reporting and analytics

Seamlessly connect your financial data across statements

Connect your P&L (income statement), balance sheet, and cash flow statement to create your three-statement model with ease and accuracy.
Link all your other models (headcount, vendor expenses, etc.) to your financial statements to immediately understand the impact of changes in assumptions or actuals on your cash flow, bottom-line, and other key metrics.
Use your financial statements as a basis for planning, building and evaluating multiple scenarios quickly to identify the best path for your business to achieve its goals.
Iterate faster by creating multiple versions of the plan in minutes and not hours or days.
Explore connected budgeting & planning

“Drivetrain automated data consolidation from NetSuite, Salesforce and Google Sheets. All finance reports (P&L, balance sheet, cash flow statement, headcount, ARR, pipeline) for actuals and plan are always up to date.”

Drivetrain customer -Juan Sebastian, FP&A Director, Billwerk
Juan Sebastian
FP&A Director at Billwerk+
Want to see how Drivetrain makes financial consolidation easy?
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Access insights in real time for agile and informed decision-making

Monitor all variances in budget vs. actual and budget vs. forecast in real time to always stay on track.
Drill down to see transactions at the General Ledger (GL), vendor, or invoice level to identify exact cause of variances.
Create custom reports and charts to quickly present financials results and insights to investors, the board, and other key stakeholders.
Explore reporting and analytics

Achieve alignment faster to meet and exceed your targets as a team

Create a single source of truth for all your financial and operational metrics to align all stakeholders on a common definition of success.
Collaborate with your business stakeholders with in-product commenting for faster decision-making.
Reduce back-and-forth over emails by sharing reports and models with your business stakeholders without any worries with fine-grained, role-based access control and detailed audit log of all changes. 
Explore collaborative budgeting & planning

Simplify and streamline your financial consolidation & reporting

Define custom mapping

Report on standard objects like  classes, vendors, customers, and invoices or define your own custom mapping.

Inter-company eliminations

Automate elimination of inter-company entries by vendor or account.

Flux analysis

Automate analysis to quickly and easily uncover deep insights to improve financial planning.

Revenue recognition

Build schedules for your receivables and improve the accuracy of your cash flow and revenue forecasting.

Rolling forecasts

Do continuous planning with rolling forecasts to ensure your plans, forecasts, and reports are always up to date.

Ad-hoc reporting

Combine data from your ERP, CRM, and billing systems for on-demand access to all your key business metrics.

Frequently asked questions

What is financial consolidation & reporting software and how is it better than Excel?

Financial consolidation & reporting software helps generate and manage your financial statements such as P&L (income statement), balance sheet, and cash flow. It should integrate with all instances of your ERP and accounting system to automatically fetch your financial data and remove all the manual intervention required for data collation and consolidation.

Which systems does Drivetrain integrate with?

Drivetrain has 200+ out-of-the-box integrations. These include connectors to several popular data systems such as QuickBooks, NetSuite, Xero, Sage Intacct, Salesforce, Hubspot, Zenefits, ADP, Rippling, Stripe, and many more. In addition to these standards connectors, we can also build custom integrations to data sources not listed on this page.

How can Drivetrain help me with financial consolidation & reporting?

Drivetrain seamlessly integrates with all instances of your ERP and accounting systems to automate the generation of your consolidated three-statement model, connecting all three statements so that any change in one is automatically reflected in another. You can also easily build custom and multi-dimensional reports based on your unique requirements. With Drivetrain, you can say goodbye to cumbersome manual reporting processes and focus more time on analysis and finding insights to drive your business forward.

Can Drivetrain also help me with financial planning?

Of course! Financial statement reporting and planning go hand-in-hand. Use Drivetrain to fetch all your financial and operational data to build the three-statement report and a connected 3-statement model that is updated automatically with new data. Plan for various scenarios and iterate quickly with an intuitive and easy-to-use platform.

Financial consolidation & reporting is hard. 
Drivetrain makes it easy.

Book a Demo