Consolidation
Trial balances, ledgers and extracts from multiple entities and systems brought into one reporting structure.
Custom reporting automation
Consolidated financial reporting without the spreadsheet chain.
Financial reporting across several entities, ledgers or systems usually ends up in a chain of linked workbooks that only one person fully understands. Datox holds the consolidation logic, reconciliations and calculations in a configured workflow instead.
Capabilities
What the workflow handles
Normalisation
Chart of accounts mapping, currency conversion and period alignment applied consistently.
Reconciliation
Automatic comparison against control totals, prior periods and secondary sources, with variances raised as exceptions.
Calculations
Derived measures, allocations, adjustments and management views computed from the consolidated data.
Review
Exception queues, commentary and explicit approval before figures are released.
Output
Management reporting packs, working files and datasets produced from the same approved numbers.
Why it matters
The close is a deadline, not a project
Financial reporting cycles repeat monthly or quarterly and the deadline never moves. Automating the mechanical part of the close gives the finance team back the time it needs for analysis and explanation.
- Consolidation runs as soon as source data is available.
- Variances are surfaced early rather than found in the review meeting.
- The same logic applies every period, so comparability improves.
- Adding an entity is configuration rather than a new workbook.