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What is Greatwill?

Greatwill is a software solution from Finland designed to facilitate the development of consolidated financial statements that adhere to the Finnish Accounting Act (FAS, Finnish GAAP). By structuring the consolidation process into distinct group events, each linked to a specific form, it enables the automatic generation of necessary elimination entries, reconciliations, and the overall consolidation worksheet from the data inputted into these forms. Every group event features its own specialized form that addresses various scenarios, including the establishment and acquisition of subsidiaries, managing intra-group transactions, handling receivables and payables, accounting for unrealized profits in inventory and fixed assets, and managing intra-group dividends, along with the translation differences for foreign subsidiaries. The software also oversees minority interests, facilitates the transfer of depreciation variations and tax reserves to equity, accounts for deferred tax implications, and employs equity-method accounting for associated entities, as well as transactions related to the sale or merger of subsidiaries. Each form is intentionally designed to collect only essential information, while simultaneously automating the management of factors such as exchange rates, tax consequences, and minority interests, thereby promoting efficiency. This all-encompassing strategy not only streamlines the process but also minimizes the potential for errors in financial reporting, ultimately leading to more reliable financial statements. With its user-friendly interface, Greatwill further enhances usability for financial professionals.

What is Cagamee?

Employ accounting software that supports the management of various financial accounts while enabling shared entries and accounts. This platform allows users to establish multiple accounting ledgers and facilitates the simultaneous sharing of accounts, ensuring that any transaction recorded in shared accounts updates in real-time across all respective ledgers. For individuals managing both personal and business finances, it can become cumbersome to separately record business expenses in two distinct ledgers—one for personal finance to track reimbursements and another for business accounting to acknowledge liabilities. Cagamee provides an efficient solution that enables you to manage both personal and business finances seamlessly while maintaining shared accounts between them. Furthermore, when dealing with a subsidiary, it is crucial to track transactions between the parent and subsidiary companies within their respective financial ledgers. You must also resolve any discrepancies, like the accounts payable in the parent’s books not matching the accounts receivable in the subsidiary's records, to ensure precise financial reporting. This software not only streamlines these processes but also significantly improves overall financial transparency for users. By consolidating these functions, it empowers users to focus more on strategic decision-making rather than getting bogged down in administrative details.

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$3,500/year
Free Version
Free Trial Offered?

Pricing Information

$14.66 per book per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Greatwill Oy

Date Founded

2024

Company Location

Finland

Company Website

greatwill.fi

Company Facts

Organization Name

Cagamee

Company Location

China

Company Website

cagamee.com

Categories and Features

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

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