BrightAnalytics: an Aaro alternative for financial consolidation and reporting

Why companies choose BrightAnalytics

1. Self-service, without a specialist on standby

Getting a traditional consolidation platform running often means bringing in outside consultants to configure it around your accounting standards and group structure, and going back to them each time something changes. BrightAnalytics works differently. 

While traditional tools act primarily as pure financial consolidation software, leaving internal management reporting, budgeting, and analysis stuck in separate Excel sheets or custom BI setups, BrightAnalytics brings everything into one intuitive platform. Our customers often choose us because they need complete flexibility when analyzing figure, building budgets, and delivering clear reports. 

• Built for finance teams: You don’t need an internal or external IT specialist to manage the system. Finance and operational teams can use it directly.
• Full control in your hands: Structures, mappings, dashboards, and user access can all be changed in the self-service admin panel by you.
• Automated chart of accounts mapping: When adding new entities, built-in AI suggests general ledger account mappings automatically and learns from your past choices over time.
• Deep drill-downs: Slice and dice your data across different analytical dimensions, and drill down to transaction-level postings and scanned invoices without submitting a change request.

2. Consolidation built for complex group structures

Our consolidation platform automates the parts of group reporting that eat up the most time.

• Automated intercompany eliminations: Intercompany bookings are identified directly at the transaction level. Integrated AI matching analyzes invoice descriptions and currencies across entities to pair sales and purchase records, resolving balance discrepancies automatically.
• Built-in equity consolidation: Full, proportional, or equity consolidation methods, along with multi-currency translations using live exchange rates, are processed without manual workarounds.
• Multilingual general ledger support: For international subsidiaries, AI translation standardizes general ledger account descriptions into English or local languages, so every team views uniform reports.
• Flexible reporting intervals: Set customizable consolidation intervals that match your closing schedules.
• Proactive health checks: Built-in checks catch GL mapping gaps and discrepancies before they hit your final reports.
• Out-of-the-box views: Predefined views, drill-downs, and standard reports like P&L, balance sheets, and budgets are ready to use right away.

3. Built as one connected environment

When group reporting systems grow by stitching together independent products, finance teams often end up managing redundant setups and fragmented data flows.

BrightAnalytics connects advanced consolidation, financial reporting, operational analytics, and financial planning & analysis (FP&A) within a single platform. Every feature runs on the same data foundation, making it simple to scale as your group grows. You can expand from core reporting into complex group setups using our Advanced Consolidation app. Handle equity consolidation, dynamic shareholder registers, and automated intercompany eliminations without reconfiguring your structure or setting up external connectors.

One platform, three reporting layers

Beyond statutory consolidation, BrightAnalytics extends into the planning, cash, and operational areas that growing groups need next:

• Advanced consolidation: Handle complex group structures with automated legal consolidation, dynamic shareholder registers, and transaction-level intercompany eliminations across currencies and standards.
• Finance & planning: Access customizable dashboards, rolling forecasts, budgets, Cash Forecasting, drill-downs to invoice levels, comparisons, and pivot tables in one place. Track actuals against budget and run forecasts directly on the platform without exporting to Excel.
• Operations: Track non-financial metrics, such as billability, SaaS KPIs, sales funnels, and project margins, alongside your financial numbers on a single platform.
• ESG: Track ESG reporting data to meet legal obligations without adding a separate, standalone tool.

4. Fast, direct integrations

We connect to your cloud or on-premise accounting, ERP, and CRM systems through over 400 pre-built integrations. That includes popular Nordic systems like Fortnox, Visma, 24SevenOffice, and PowerOffice alongside global tools like SAP, Microsoft Dynamics, Exact, and NetSuite.

If your system isn’t on the list, we typically build new connectors in a matter of days. BrightAnalytics sits as a direct layer on top of your data, so you spend your time analyzing numbers instead of gathering them in spreadsheets.

5. One reliable source of truth

BrightAnalytics data stays 100% aligned with your source systems. An AI controller automatically monitors current reports against prior periods to flag unexpected cost spikes or anomalies before you close the books.

The built-in health check catches discrepancies between what’s reported and what’s booked before they reach your reports. With everything captured in one platform, you always have a single, clear version of your financial and operational performance to work from.