September 19th, 2024

Global Financial Reporting Now Generally Available on Campfire

Profile photo of Campfire Team
Campfire Team
September 19th, 2024
AccountingFinance

Multi-entity and multi-currency consolidations can now be performed in only a few clicks

After an extended beta with customers like Complif and Delphia, multi-currency and entity reporting is now generally available to all Campfire customers.

An entire suite of features ranging from bank reconciliation in local currencies to income statements in your consolidation currency with an accelerated close through automated revaluations and consolidations.

If you're on QuickBooks, put an end to manual workflows and poor reporting across entities. If you’re on NetSuite, simplify your reporting and move to an easily configurable ERP - that doesn’t require significant resource investment. 

Here’s why modern teams run globally on Campfire:

Streamlined multi-entity reporting

View global financial performance in a single currency. Save time on manual consolidations and reduce the possibility for errors.

Accelerated monthly close

Automate currency revaluations and consolidations to accelerate your monthly close while maintaining accuracy and auditability. 

Global growth, without operational limitations

Generate financial statements, manage invoicing and billing in local currencies with automated FX gain/loss - providing you with the flexibility to operate without borders. Your accounting ledger will never be a bottleneck for growth. 

Easily reconfigured entity structures

Ensure your ERP always reflects the current state of your company with configurable entity structures as your company evolves. No time-consuming implementations for each entity change.

Tax compliance across entities

Maintain tax-compliant statutory reporting across entities, including usage tax and VAT tax automation, with the ability to switch between consolidated and entity level financial reporting.

Interested in learning more about multi-entity consolidation & currency revaluation?

Book a product demo →