Netgain Consolidation Engine

Financial consolidation software that ties out

Netgain’s consolidation engine combines every entity in your group, handles currency translation and intercompany eliminations, and keeps the support behind each consolidated balance.

Close the group faster and answer questions about the result without rebuilding the workbook.

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Australian Food and Fiber logo
Salesloft logo
Feeding America logo
Ruggable logo
Reddit logo
StubHub logo
Stamps.com logo
AllSaints logo
Peloton logo
TGI Fridays logo
Carta logo
UI Path logo
TiVo logo
Toast logo
Soluna logo
Katz Media Group logo

98%

Customer retention rate

9 out of 10

Clients would recommend Netgain

SOC

Independent assurance reports

Millions

of assets and leases

Why Choose netgain

Every consolidated number, traceable.

Generate the consolidation worksheet in one click, then follow any line from the consolidated total back through eliminations, FX, and the entity beneath it.

One controlled flow

Benefits of Netgain's consolidation software

Source freeze, validation, FZ, intercompany, eliminations, ownership, reporting, and lock. Each step preserves the proof behind every material number.

Intercompany & disputes

Resolve counterparty differences as controlled accounting work including ownership, evidence, aging, agent suggestions, human decisions, and elimination handoff.

FX translation

Trace rate source, translation rule, period, currency pair, CTA impact, reviewer decision, and the supporting evidence behind every translated balance.

Stage model

Show where the run stands across source freeze, validation, FX, IC, eliminations, reporting, and lock gates. No more guessing what’s done.

Eliminations

Connect approved matches, rules, journal entries, reviewer approvals, and report-line impact before a consolidated number is ever used.

Ownership & Investments

Keep acquisitions, partial ownership, NCI, equity-method logic, and hierarchy changes visible inside the consolidation run.

Reporting & board books

Bind board-book numbers, finance commentary, blacklines, reviewer sign-off, and audit proof back to locked consolidated facts.

Your business operates at an impressive scale — and that deserves a more personalized approach. Because of the complexity and impact of managing a close process with over 50 employees, a simple ROI calculation wouldn't capture the full value you can gain. One of our experts will reach out shortly to provide tailored insights and discuss how we can help you achieve a faster, more efficient close.

Want to get ahead? Schedule time with one of our experts now.

Schedule a call with us

Your close process is cost efficient, but there’s more to gain!

By automating your month-end close, you’ll:

Save time: Free up hours for more strategic, high-impact work.

Reduce errors: Increase accuracy and confidence in your reports.

Boost team efficiency: Simplify workflows and minimize manual tasks.

Schedule a demo to explore the full value Netgain brings to your team.

Current State

You currently spend 960 hours on manual close tasks, for a total of $453,200 per year.

960

hours Spent per year

$453,200

dollars SPENT per year

With Netgain, you could save 288 hours and $125,960 per year for a
With Netgain, you could save 288 hours and  $125,960 per year for a:

180% ROI

$10,080

saved per period

$125,960

annualized savings

288

hours saved per year

180%

netclose roi

Get started

Prove every consolidated number.

See how Netgain's consolidation solution keeps FX, intercompany, and eliminations traceable from source to consolidated total.

It has simplified the close process for us.

"NetClose by Netgain was a tool with immense ease of use and implementation. It included very helpful customer support. It was easy to integrate into our process. There were many features that helped this tool be successful for us. It has been frequently utilized since being integrated."

Joanna P.

Simple yet effective.

"NetClose is super easy to use. Implementation ran smoothly and we were up in running on our targeting time (1-2 months). We easily implemented NetClose into our close process and house all of our reconciliation with it."

Lucas B.

I couldn't be more happy with this tool.

"Sitting inside NetSuite, the NetClose tool feels intuitive and provides direct connection to the data rather than having it sit outside in other platforms. Being able to have scripts and saved searches perform auto reconciliations helps my team focus on less admin work and more value additive work."

Scott D.

Netgain's consolidation accounting software FAQs

What is financial consolidation software?

Financial consolidation software combines the results of multiple legal entities into one set of group financial statements. It handles currency translation, intercompany eliminations, ownership and non-controlling interests, consolidating adjustments, and consolidated reporting, and it retains the detail behind each of those steps.

What is Netgain’s consolidation engine?

Netgain’s consolidation engineis financial consolidation software that runs a multi-entity close as one process: source freeze, validation, translation, intercompany matching, eliminations, ownership, reporting, and lock. Every consolidated figure traces back to the entity balances and journals beneath it.

How does it handle foreign currency translation?

Each translated balance records the rate applied, where that rate came from, the currency pair, the rate type, the resulting CTA impact, and the reviewer’s decision. You can pull up how a prior period was translated without reconstructing it.

Can it handle acquisitions, NCI, and the equity method?

Yes. Acquisitions, partial ownership, non-controlling interests, equity-method positions, and mid-year hierarchy changes are handled inside the consolidation run and visible alongside the rest of the period.

Does it work with our existing ERP?

Yes. The consolidation engine works with the general ledger you already have, and entities running on different systems can be brought into the same consolidation run. Consolidation is added as a layer over your current systems.

How is this different from consolidating in spreadsheets?

A group workbook gives you a consolidated total and a set of tabs. Accounting and consolidation work done in the engine attaches the rule, the rate, the approval, and the journal to every figure, and the support is assembled before anyone asks for it. The structure also carries forward between periods rather than being rebuilt.

Is Netgain’s consolidation engine available today?

The consolidation engine is Netgain’s newest product and is currently rolling out with a group of design partners. Schedule a demo and we will walk through your group structure and where you would fit in the rollout.

What is the best financial consolidation software?

The best financial consolidation software handles multi-currency translation, intercompany eliminations, and complex ownership structures without manual workarounds, and produces consolidated numbers you can trace back to their source. Netgain’s consolidation engine is built around that traceability and works with the general ledger you already run.