Finvolog · consolidation, close and reconciliation
Close the group books in one place
Finvolog takes each entity's trial balance from Oracle or another ledger, maps it once, validates it, consolidates it and helps you reconcile what doesn't match. Notes to accounts come from the same data.
In development · pilot places open. We are running a small number of pilots on real data with finance teams. Nothing on this page is a result from a client.
How it works
From entity trial balances to group statements
Seven steps, in the order your team works through a close.
- 1
Set up
Entities, currencies, periods, chart of accounts and ownership, configured once for the group.
- 2
Connect
Bring trial balances in from Oracle Fusion, EBS or other ledgers, or load a template.
- 3
Map
Map each entity's accounts to the group chart. Mappings are kept and reused every period.
- 4
Validate
Checks run before anything is consolidated: unbalanced trial balances, unmapped accounts, missing entities.
- 5
Load and review
Trial balance, opening trial balance and final trial balance, side by side for each entity.
- 6
Consolidate
Translation, intercompany and eliminations produce the group trial balance and statements.
- 7
Notes and forms
A custom forms builder collects the extra data that notes to accounts need.
Screens from the live demo (trial balance, mapping, eliminations, group statements) will be added here.
Reconciliation
Match what you can automatically. Explain the rest.
Built in the style of Oracle Account Reconciliation: rules first, then matching, then reconciliation of balance sheet accounts.
Rules
Define matching rules per account or source: amount, date, reference, tolerance.
Matching
Transactions from the ledger and the bank or sub-ledger are matched automatically against those rules.
Advisor
For items left unmatched, the advisor suggests a journal entry, with its reasoning, for a person to accept or reject.
Approval
Maker-checker: one person prepares, another approves. Every action is recorded.
Account reconciliation
Period-end reconciliation of balance sheet accounts, with supporting detail, in the next phase.
Who it's for
Finance teams closing more than one entity
Groups with several legal entities or currencies, teams consolidating in spreadsheets today, and Oracle customers who want consolidation and reconciliation next to their ERP.
Works alongside Oracle
Takes trial balances from Oracle Fusion or EBS. Your ERP stays the book of record.
Hosted on OCI
Runs as a multi-tenant service on Oracle Cloud Infrastructure.
People approve
Suggestions are suggestions. Maker-checker approval on every adjustment.
Built by Oracle finance people
Designed by consultants who implement Oracle EPM, consolidation and close.
Demo and pilot
See Finvolog on sample data, then on yours
A 45-minute walkthrough on sample group data. If it fits, a fixed-scope pilot on one closed period of your own data.
- Tell us your ERP, number of entities and currencies
- We prepare the demo around a group like yours
- Pilot places are limited while the product is in development