EVOX Consolidation
One-click financial consolidation for complete accuracy, instant insight, and full transparency across your organization
Modernize Group Financial Consolidation
Deliver instant, accurate, and complete visibility with one-click automation.
Unify financial data from multiple sources and automate consolidation tasks like currency translation and intercompany eliminations.
Simulate outcomes using historical data and configurable rules, trace discrepancies to the source, and ensure accurate, compliant, and auditable group consolidation.
Multi-source Integration & Intelligent Processing
Seamlessly connect to ERPs and business systems with built-in ETL tools. Automate data filtering, conversion, and merging, while deliver clean, standardized data to budgeting, OA, and BI systems effortlessly.
Visual Rules & Multi-Scenario Configuration
Configure consolidation rules through a clear, visual interface with flexible scalability. Automatically generates adjustment entries and supports diverse reclassification scenarios, including same-name, proportional, and multi-objective rules.
Flexible Data Entry & Accurate Validation
Streamline data collection via file uploads, online input, or Excel plug-ins, while maintaining full control over multi-level financial data. Built-in validation logic ensures precision and consistency across all online and batch imports, enabling confident, timely decision-making.
Intelligent Currency Translation & Variance Control
Automate currency translation by account type while precisely calculating exchange variances with controlled write-back. Enable parallel or stepwise translation for fully transparent, auditable, and traceable currency management.
Multi-Dimensional Reconciliation & Discrepancy Resolution
Seamlessly reconcile balances, vouchers, and transaction details in their original currencies to pinpoint true variances. Export reconciliation results in batches for transparent tracking and swift, efficient resolution.
Custom Elimination Rules & One-Click Execution
Define elimination scopes, content, and methods flexibility. Automatically capture variances in designated accounts and execute eliminations across entities and hierarchies with a single click.
Smart Calculations & Intelligent Bad Debt Management
Utilize ERP aging data or built-in FIFO and write-off methods to accurately calculate bad debt provisions. Automatically generate reserves and perform main-appendix verification to strengthen financial control and compliance.
Fast, Flexible Reporting
Streamline reporting with one-click batch exports to Excel, delivering both management and statutory reports. Support timely internal analysis and regulatory submissions with ease and accuracy.
Online Adjustments & Batch Processing
Enable seamless online voucher adjustments and batch imports of correction data. Rectify historical discrepancies through adjustment tables without altering original accounts, ensuring both operational flexibility and full audit compliance.
FAQ
EVOX delivers zero-code setup, automated intercompany eliminations, and real-time currency translation, enabling faster, more accurate consolidation with minimal manual intervention.
Yes. EVOX Consolidation integrates seamlessly with major ERP platforms such as SAP and Oracle, leveraging built-in ETL to ensure accurate, automated data exchange with BI and OA systems.
EVOX delivers complete end-to-end traceability with automated data movement logs and auditable trails, ensuring confidence in regulatory compliance and audit readiness.
Absolutely. EVOX combines visual rule configuration with one-click exports, eliminating the need for coding and enabling finance teams to manage consolidation with full autonomy.
EVOX Consolidation automatically recalculates receivables aging based on FIFO or write-off rules, and systematically generates bad debt reserves with corresponding adjustment entries
Instant, Intelligent, In-Control