BrightAnalytics: a Jedox alternative for FP&A 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 that handles the complexity for you

While some FP&A platforms treat consolidation as a highly manual afterthought, our Advanced Consolidation app automates the parts of group reporting that eat up the most time.

• Automated intercompany eliminations: Integrated AI matching analyzes transaction descriptions, dates, and currencies across entities to pair sales and purchase records automatically.
• Built-in equity consolidation: Full, proportional, or equity consolidation methods handle non-controlling interests and deferred taxes without manual workarounds.
• Live exchange rate conversion: Multi-currency translations run automatically using live exchange rates from the European Central Bank.
• Proactive health checks: Built-in system health checks verify that reported numbers match source general ledgers before reports go out.

3. Native FP&A, budgeting, and financial reporting

Many enterprise planning platforms rely heavily on Excel interfaces and complex data cubes. Budgeting and forecasting often require technical workarounds or consultant hours. BrightAnalytics handles financial reporting, budgeting, and legal consolidation natively on one platform. Beyond consolidation, the platform extends into the planning areas you end up needing next.

• Budgets and financial reports ready out of the box: Predefined views, drill-downs, and standard management reporting like profit and loss statements, balance sheets, and budgets are ready to use immediately.
• Cash forecasting: Monitor your liquidity with customizable dashboards, aging reports, and rolling views.
• Unified environment: You don’t need to export your data to Excel or Power BI. You can track performance, build rolling forecasts, and run scenarios directly on the exact same data foundation.

4. Unified reporting across finance, operations, and ESG

Beyond financial reporting and budgeting, BrightAnalytics connects your core financial actuals with broader operational and strategic modules in one place:

• Advanced Consolidation: Handle complex group structures with automated legal consolidation, dynamic shareholder registers, and transaction-level intercompany eliminations across currencies and accounting standards.
• Operational apps: Track crucial non-financial metrics alongside your financial numbers, including SaaS Metrics (ARR, MRR, churn), Billability, sales pipelines,ESG reporting and Orders vs Invoices tracking.

5. Fast, direct integrations for global groups

We connect to your systems, cloud or on-premise, with 400+ integrations already built through BrightSync. For groups operating internationally or in the DACH region, this means direct API connections to systems like Microsoft Dynamics, Exact, and Sage. 

If your system isn’t on the list, we typically build the connector in a matter of days. The platform sits as a direct layer on top of your accounting, ERP, and CRM systems, so you spend your time analyzing data instead of gathering it.

6. One reliable source of truth

BrightAnalytics data stays 100% aligned with your source systems. 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.

. AI built into the platform

AI is embedded throughout BrightAnalytics, not bolted on as a separate feature.

• Instant flags: Unusual patterns and deviations in your numbers are flagged instantly, so issues surface before they reach your reports.
• Smart matching: Intercompany Reconciliation uses AI-driven matching, intelligent exceptions, and automatic adjustments to cut down the manual work of tracking down mismatches.
• Automated chart of accounts mapping: Built-in AI suggests general ledger account mappings when onboarding new entities and learns from your approvals over time.