Why companies choose BrightAnalytics

1. Consolidation that adapts to you

BrightAnalytics handles multiple consolidation circles, so you can cover different reporting requirements without separate tools. Multi-GAAP and IFRS adjustments work across various accounting standards. You choose the consolidation interval (yearly, quarterly, monthly, or year-to-date), and consolidation entries carry across multiple circles.

Unlike legacy consolidation systems where pulling ad-hoc numbers during a meeting requires building new models from scratch, BrightAnalytics relies on pre-built financial logic. If your CEO asks to zoom in on a specific office, compare business lines, or check performance against budget mid-meeting, you can do it on the spot.

Underneath, the platform automates complex legal and operational details for you:

• Legal consolidation: Full, proportional, or equity method for legal consolidation, with non-controlling interests and deferred taxes processed automatically.
• Dynamic shareholder register: Logs acquisitions, share issuances, and disposals, capturing voting and financial rights as they change.
• Automated ownership updates: Consolidated reports are built directly from your ownership structure, so a change in one subsidiary’s stake doesn’t mean rebuilding the report by hand.
• Transaction-level IC eliminations: Intercompany transactions are identified and processed through direct integrations. Integrated AI matching analyzes transaction descriptions and currencies across entities to pair sales and purchase records, resolving balance discrepancies automatically.
• Automated mapping: Built-in AI suggests general ledger account mappings when onboarding new entities and learns from your past approvals over time.

In addition, built-in health checks flag changes automatically, so you can always trust the numbers.

2. Intercompany elimination without the manual chase

The platform picks up intercompany entries from flagged data in the IC reconciliations app and processes them per relationship across consolidation groups. AI model matching analyzes transaction descriptions and currencies to link sales and purchase invoices across entities, automatically resolving balance discrepancies.

Because it reads data at the transaction level through direct integrations, you don’t need to label intercompany transactions in your accounting records yourself. You won’t need to complete a full legal consolidation and then export to Excel to get to management reporting. BrightAnalytics builds those reports directly on the platform, so the whole process stays in one place.

3. Self-service, without a specialist on standby

Customers consistently tell us BrightAnalytics is easy to use, for finance and non-finance people alike. The secret behind this intuitiveness is our admin panel. Instead of relying on rigid templates or waiting on external consultants for every adjustment, you hold the keys to your setup. You can easily change reporting structures, mappings, dashboards, and user access yourself.

Underneath, the platform handles complex processes for you:

• Smart monitoring: An AI controller monitors current reports against past periods to spot unexpected cost spikes or anomalies before you close the books.
• Plain-language analysis: Built-in AI agents let you ask questions to analyze active views or monitor budget variances and creeping costs.
• Deep data access: Slicing and dicing data, drilling into posting details and scanned invoices, and matching intercompany entries happen natively so eliminations balance to zero without you having to hunt for discrepancies.

4. Fast, direct integrations

We connect to your systems, cloud or on-premise, with over 450 integrations already built, including international tools like Visma, Microsoft Dynamics, Sage, Fortnox, Exact, AFAS, SAP, and Twinfield. If your system isn’t on the list, we typically build the connector in a matter of days.

BrightAnalytics data stays 100% aligned with your source system: the built-in health check catches discrepancies between what’s reported and what’s booked, and you’ll get an email notification if a new GL account needs mapping.

Data syncs every night, and you can hit refresh for an on-demand update whenever you need the latest figures. This is especially useful during closing periods when you’re checking results against the last accounting entries.