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What is Quick Consols?

Quick Consols is a specialized financial consolidation software tailored for intricate companies and their group structures. This application streamlines the consolidation process for complex organizations that operate across various fiscal year-ends, currencies, and ERP systems by utilizing a slice-and-dice methodology for reporting. With Quick Consols, users can expect precise and consistent calculations for essential reports and figures. It simplifies both individual company reporting and group consolidations, making these tasks less burdensome. In addition, Quick Consols enhances reporting for business units, profit centers, and cost centers, which empowers users to focus on analyzing data and generating valuable insights regarding financial performance and operational efficiency. The platform boasts an intuitive interface that facilitates easy setup and usage, accommodating an unlimited number of users while also providing extensive support to ensure a smooth experience. Furthermore, this comprehensive tool is designed to adapt as the needs of your business evolve, ensuring long-term value and efficiency.

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.

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Integrations Supported

QuickBooks Online
Xero

Integrations Supported

QuickBooks Online
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

$500/month
Pricing is based on the size of your group and includes unlimited users and unlimited technical support.
Free Version
Free Trial Offered?

Pricing Information

$3,500/year
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

Quick Consols

Date Founded

2017

Company Location

South Africa

Company Website

www.quickconsols.com

Company Facts

Organization Name

Greatwill Oy

Date Founded

2024

Company Location

Finland

Company Website

greatwill.fi

Categories and Features

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Categories and Features

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