BrightAnalytics: an INSIKT alternative for management reporting and planning

Why companies choose BrightAnalytics

1. Self-service, without a specialist on standby

Traditional CPM platforms are built on a Power BI engine that relies on a consultant-led setup. Setting up reports, adjusting mapping, or modifying data structures usually requires paid intervention from external consultants or internal IT specialists. BrightAnalytics gives you full administrative control directly inside the platform:

• Built for finance teams: You don’t need an internal or external IT specialist to manage the platform. Finance and operations teams run it themselves, day to day.”
• Admin panel control: You adjust reporting structures, general ledger mappings, dashboards, and user access directly in the admin panel.
• Automated chart of accounts mapping: When onboarding new entities, built-in AI suggests general ledger account mappings automatically and learns from your past approvals over time.
• Deep data access: Slice and dice your data across different controlling dimensions, and drill down to transaction-level postings and scanned invoices without submitting a change request.

2. Consolidation when you need it

Unlike other solutions, which lacks built-in consolidation capabilities and forces teams to handle multi-entity eliminations in Excel or separate BI setups, BrightAnalytics includes Advanced Consolidation in the exact same environment:

• Legal consolidation methods: Full, proportional, or equity consolidation methods, with non-controlling interests and deferred taxes processed automatically.
• Automated intercompany eliminations: Intercompany transactions are identified directly through direct API connections. Integrated AI matching analyzes invoice descriptions and currencies across entities to pair sales and purchase records, resolving balance discrepancies automatically.
• Live exchange rates: Multi-currency translations run at live European Central Bank or other banks such as the Swedish Central bank exchange rates, processing currency translation.

3. Built around finance logic, not a spreadsheet grid

Some reporting tools still feel like a spreadsheet in a browser: rows of numbers you filter, pivot, and structure yourself before they tell you anything. BrightAnalytics starts from how finance teams actually work. The financial logic is already built in, so you move straight from opening a report to understanding it.

• Finance logic embedded: P&L, balance sheet, and cash flow structures come ready to use, with account hierarchies and key ratios in place. No rebuilding standard reports from scratch.
• Switch perspective in a click: Filter by cost center, department, project, or entity and the whole report follows.
• Flexible period selection: Compare months, quarters, year-to-date, rolling 12 months, or prior year without setting up separate views.
• Operational metrics alongside the financials: Track non-financial KPIs next to your figures, tailored to each business unit.

4. Fast, direct integrations

We connect to your cloud or on-premises accounting, ERP, and CRM systems through over 450 + pre-built direct API connectors. That includes popular Nordic systems like Fortnox, Visma, 24SevenOffice, PowerOffice, Jeeves, and Microsoft Dynamics alongside global platforms like SAP, Exact, NetSuite, and Odoo.

If your system isn’t on the list, we typically build the connector in a matter of weeks. BrightAnalytics sits as a direct layer on top of your source systems, so you spend your time analyzing data instead of gathering it.

5. AI where it saves you time

Artificial intelligence is embedded throughout BrightAnalytics to streamline daily processes:

• Anomaly detection: The AI controller scans your figures to flag unusual patterns, structural errors, or budget deviations before you close the books.
• Intercompany reconciliation: AI-driven matching and intelligent exceptions handle automatic adjustments to cut down manual reconciliation work. 
• Single source of truth: Built-in health checks continuously catch discrepancies between reported figures and booked entries before they reach final reports.

6. Budgeting, forecasting, and scenario planning

Set budgets across different analytical dimensions and specific accounts, from company-wide views down to detailed general ledger accounts, cost centers, projects, and customers:

• Variance analysis: Visualize actuals versus budget at multiple levels for precise insights.
• Scenario modeling: Build what-if scenarios directly on the platform to test outcomes before committing to them.
• Cash forecasting: Forecast future cash balances by combining historical data, budgets, working capital ratios, and planned investments. Accounts Receivable and Accounts Payable aging metrics give you a clear read on payment behavior.

Why companies choose BrightAnalytics

1. Self-service, without a specialist on standby

BrightAnalytics puts full control in the hands of your internal finance team. Through our self-service admin panel, you can modify reporting structures, update general ledger mappings, adjust cost center filters, and manage user access rights directly without technical support.

2. Consolidation for two entities or twenty

Whether you’re consolidating a parent company and one subsidiary or a group with entities in several countries, BrightAnalytics brings everything together in one consolidated view. Start with what you need today and add more as your structure grows, without changing tools or rebuilding your setup.

• Intercompany found for you: AI reads your entities’ transactions and flags what’s intercompany, with no tagging needed in your source systems.
• Mismatches at a glance: Every intercompany relationship shows up as a tile on the Smart Map. Green means both sides agree. If a tile isn’t green, drill down to the difference and approve the bookings the AI suggests to close it.
• Different currencies and financial years: Entities with their own currencies, accounting packages, or financial years fit into the same consolidation.
• Ready when your structure gets complex: Sub-consolidation groups, ownership percentages, and, with the Advanced Consolidation app, equity consolidation and minority interests.

3. Reporting across financial and operational numbers

Many smaller reporting tools are built around one source: your accounting system. That covers the financial statements well, but the numbers that explain them, like your sales pipeline, billable hours, or subscription revenue, often live somewhere else. BrightAnalytics brings financial and operational data together on one platform, so you can see how each entity and business unit is really performing, not just what was booked.

• Finance logic built in: Financial statements come ready to use, structured the way finance teams read them.
• Every angle on the same numbers: View figures by cost center, department, project, or business line, at entity or group level.
• Operational apps alongside the financials: Track KPIs like SaaS metrics, billability, project margins, and sales funnels next to your actuals.
• Drill down to the source: Go from any figure to the general ledger postings and original scanned invoices behind it.

4. Direct API integrations for international landscapes

Basic reporting packages connect to standard local tools, but frequently rely on manual SIE file uploads for foreign subsidiaries. BrightAnalytics connects to cloud or on-premise accounting, ERP, and CRM systems through over 450+ pre-built API integrations. This includes popular Swedish and Nordic platforms like Fortnox, Visma, 24SevenOffice, Björn Lundén, Hogia, and PowerOffice alongside global enterprise systems like Microsoft Dynamics, SAP, Exact, Sage, and NetSuite.

 Data syncs automatically overnight or on-demand, giving international groups live, direct access to foreign entity data without manual spreadsheet workarounds. If a system isn’t on our pre-built list, we typically build new connectors in a matter of days.

5. AI that takes routine work off your plate

A lot of closing time goes to checking, matching, and mapping. BrightAnalytics uses AI to handle the routine parts, so you can focus on what the numbers mean.

• Anomaly detection: An AI controller scans your figures against prior periods and flags unexpected cost spikes or deviations before you close.
• Chart of accounts mapping: When you onboard a new entity, built-in AI suggests general ledger mappings and learns from what you approve.
• Your data stays yours: Our AI runs on internal infrastructure, so your numbers never go to a third party.