Best financial consolidation software

Vendors / Best software / Consolidation

Best financial consolidation software

Seven vendors with multi-entity consolidation and an Accountio profile, side by side.

Listed alphabetically. Accountio does not rank vendors, and a featured listing does not change the order.

Financial consolidation software combines the books of every entity in a group, handles intercompany and currencies, and produces group accounts. The seven vendors here include BlackLine and Nominal, which consolidate alongside the existing ERP, and general ledgers with consolidation built in, from Sage Intacct to AI-native ERPs such as Campfire, Lensing AI and Rillet and Light's agentic ERP. The right fit depends on how many entities and currencies you run and whether you want to replace the ERP.

Financial consolidation software at a glance

VendorBest forFounded and HQCustomersPricing
BlackLineLarge companies, including over half the Fortune 5002001; Los Angeles (Woodland Hills)4,300+ customers and 385,000+ usersNot published; demo on request
CampfireStartups and mid-size technology companies with multi-entity and modern billing needs, from high-growth startups to public companies2023; San Francisco400+ mid-market and enterprise companies, including Replit and PostHogNot published
Lensing AIMedium-to-large companies with complex revenue models and global, multi-entity operationsCo-headquartered in Mountain View, California and Heidelberg, Germany (founding year not published)Customers with combined revenues over US$1bn in more than 20 countries; named customers include Primary Health, Productiv and Branch EnergyNot published
LightFast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standardFounding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)Named customers include Tillo, Famly, All Gravy, Ocean.io, Paebbl and OfficeguruNot published
NominalMid-market and enterprise finance teams, including multi-entity companiesApril 2023; New York and Tel AvivTeam Car Care, Green Street Power Partners and others; count not publishedNot published
RilletTechnology and AI companies, from mid-market to enterprise and public companiesLaunched August 2024; New York, with a Spanish entity in Barcelona600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal namedNot published
Sage IntacctGrowing organisations (typically 20+ employees) and mid-sized companiesSan Jose, California (Intacct's base when Sage bought it in 2017); founding year not published30,000+ finance teamsNot published; quoted by modules and organisation size

The seven vendors

In alphabetical order. “Not published” means the vendor does not state it.

BlackLine

Best for: Large companies, including over half the Fortune 500

Reconciliations, transaction matching, journal entries, consolidation, intercompany and invoice-to-cash, with Verity AI agents.

Founded and HQ
2001; Los Angeles (Woodland Hills)
Ownership
Listed on Nasdaq (BL); CEO and Chairman Owen Ryan
Customers
4,300+ customers and 385,000+ users
Pricing
Not published; demo on request
How it runs
Cloud software; offices in 12 countries across the Americas, Europe, the Middle East and Asia-Pacific

Campfire

Best for: Startups and mid-size technology companies with multi-entity and modern billing needs, from high-growth startups to public companies

AI-native ERP: general ledger with multi-entity consolidation, revenue recognition, reporting and close management, with an AI assistant (Ember).

Founded and HQ
2023; San Francisco
Ownership
Venture-backed; US$100m raised, including a US$65m Series B (Oct 2025) co-led by Accel and Ribbit
Customers
400+ mid-market and enterprise companies, including Replit and PostHog
Pricing
Not published
How it runs
Cloud; 180+ currencies and unlimited entities; offices in San Francisco and London (opened June 2026)

Lensing AI

Best for: Medium-to-large companies with complex revenue models and global, multi-entity operations

AI-native ERP: general ledger, order to cash, revenue recognition, multi-entity and multi-book consolidation, procurement, fixed assets, HR and cloud cost management, with AiSpecify for building ERP apps in plain English.

Founded and HQ
Co-headquartered in Mountain View, California and Heidelberg, Germany (founding year not published)
Ownership
Private, venture-backed; US$140m from Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures and D1 Capital (announced Nov 2024)
Customers
Customers with combined revenues over US$1bn in more than 20 countries; named customers include Primary Health, Productiv and Branch Energy
Pricing
Not published
How it runs
Cloud-native, hosted on AWS; customers in 20+ countries; multi-currency, with US GAAP, IFRS and local statutory reporting
Good to know
SOC 2 Type II and ISO 27001; formerly Everest Systems, renamed Lensing in August 2026

Light

Best for: Fast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standard

Agentic ERP: general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine work.

Founded and HQ
Founding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)
Ownership
Private limited company (Light Company ApS), registered in Denmark; funding not published
Customers
Named customers include Tillo, Famly, All Gravy, Ocean.io, Paebbl and Officeguru
Pricing
Not published
How it runs
19 countries supported, including the UK, US, Canada, Germany, France, the Nordics, Australia and Singapore; site in nine languages
Good to know
Replaces the ERP rather than sitting on top of it; intercompany eliminated and entities consolidated as transactions post

Nominal

Best for: Mid-market and enterprise finance teams, including multi-entity companies

AI agents for account and bank reconciliation, transaction matching, journal entries, close management, flux analysis, intercompany and multi-entity consolidation, run on a shadow ledger beside the existing ERP.

Founded and HQ
April 2023; New York and Tel Aviv
Ownership
Venture-backed; Series A US$20m led by Next47 with Workday Ventures (Jul 2025); total funding US$30m
Customers
Team Car Care, Green Street Power Partners and others; count not published
Pricing
Not published
How it runs
Cloud; runs alongside any ERP, with multi-entity, multi-currency and multi-book support (regions served not published)
Good to know
Green Street Power Partners consolidates more than 280 entities with Nominal

Rillet

Best for: Technology and AI companies, from mid-market to enterprise and public companies

AI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura).

Founded and HQ
Launched August 2024; New York, with a Spanish entity in Barcelona
Ownership
Venture-backed; US$100m Series C (Aug 2026) led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz; more than US$200m raised in total
Customers
600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal named
Pricing
Not published
How it runs
Cloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM

Sage Intacct

Best for: Growing organisations (typically 20+ employees) and mid-sized companies

Cloud financial management: core accounting, multi-entity consolidation, reporting and dashboards, with AI agents for close, AP automation and journal-entry review; HR, payroll and planning modules.

Founded and HQ
San Jose, California (Intacct's base when Sage bought it in 2017); founding year not published
Ownership
Owned by The Sage Group plc, listed on the London Stock Exchange; Sage agreed to buy Intacct for US$850m in 2017
Customers
30,000+ finance teams
Pricing
Not published; quoted by modules and organisation size
How it runs
Cloud; available in the US, Canada, the UK, Australia and South Africa

Related tools in the directory

Other multi-entity ledgers and a consolidation layer for groups on several small-business ledgers.

  • DualEntryAI ERP for mid-market companies replacing legacy accounting systems.
  • TranslucentGroup consolidation and intercompany on top of Xero and QuickBooks.

How to choose financial consolidation software

  1. How many legal entities and currencies do you run, and does it consolidate them without spreadsheets?Campfire supports unlimited entities and 180+ currencies, and Light keeps every entity, currency and accounting standard in one ledger. Lensing AI covers multi-entity and multi-book consolidation. One of Nominal's customers, Green Street Power Partners, consolidates more than 280 entities.
  2. Do you want to replace the ERP, or consolidate alongside the one you have?Nominal runs on a shadow ledger beside the existing ERP, and BlackLine adds consolidation and intercompany to it. Campfire, Lensing AI, Light, Rillet and Sage Intacct are the general ledger themselves, so consolidation happens where the books are kept.
  3. Which accounting standards do you report under?Lensing AI supports US GAAP, IFRS and local statutory reporting, and Light is built for groups using more than one accounting standard.

Compare further

Common questions

What does financial consolidation software do?+

It combines the ledgers of a group's entities into one set of accounts: translating currencies, eliminating intercompany balances and producing group financial statements.

How much does financial consolidation software cost?+

None of the seven vendors here publishes prices. BlackLine gives a demo on request, and Sage Intacct quotes by modules and organisation size.

Does consolidation software replace the ERP?+

It depends on the product. Nominal and BlackLine work with the existing ERP. Campfire, Lensing AI and Rillet are AI-native ERPs and Light is an agentic ERP, each replacing the old system, and Sage Intacct is a cloud general ledger with consolidation built in.

Part of Accountio’s accounting technology coverage.