Best financial consolidation software in 2026
Six tools that turn several companies' accounts into one set of group reports, ranked for different situations.
Quick answer
The best financial consolidation software for most small and mid-sized groups is Joiin: it connects to Xero, QuickBooks Online, Sage and several other ledgers, handles eliminations and currencies, and starts at $23 a month with unlimited users. Choose Fathom if KPI analysis matters more than consolidation, Spotlight Reporting if you're an accounting firm wanting a full advisory suite, and LiveFlow if your team lives in Google Sheets.
Our shortlist
Joiin: best overall for groups and firms
Joiin is built around consolidation rather than adding it later. It maps each company's chart of accounts to a group structure, eliminates intercompany balances and translates currencies, then produces P&L, balance sheet, cash flow and KPI reports for the group or any company in it. It connects to Xero, QuickBooks Online, Sage, MYOB, FreeAgent, Zoho Books, Pennylane and Fortnox, and you can mix ledgers in one group, which few rivals do.
Pricing is by number of companies with unlimited users, reports and clients: from $23 a month for one company on annual billing, $57 for five and $139 for twenty. Multi-currency and forecasting need the Pro plan. Read the full Joiin review.
Fathom: best for KPI analysis and advisory reports
Fathom is a mature management reporting tool with strong KPI analysis, benchmarking and three-way forecasting. It consolidates too, for up to 300 entities, but its heart is analysis and presentation. Pricing starts around $50 a month for one company with bundles at 10, 25 and 50 companies. See our Fathom review and Joiin vs Fathom.
Spotlight Reporting: best full suite for accounting firms
Spotlight combines reporting, forecasting and dashboards for advisory practices. UK advisor plans start at £295 a month for up to 10 organisations. It's more than most in-house teams need, but strong for firms selling advisory services. See our Spotlight Reporting review.
Syft Analytics: best low-cost option for Xero-centric firms
Syft starts at $23 a month and includes consolidation, with multi-currency from its Plus plan. Xero agreed to buy Syft in 2024 and kept it available as a standalone product. See our Syft review.
LiveFlow: best for spreadsheet-led finance teams
LiveFlow syncs QuickBooks Online and Xero data into Google Sheets and Excel so you can build consolidations in a spreadsheet that updates itself. Pricing is quote-only. See our LiveFlow review.
Calxa: best for budgeting-heavy groups
Calxa is strongest at budgets, cash flow forecasts and scenario planning across organisation groups. Consider it if planning, not month-end reporting, is your main job. See our Calxa review.
Comparison table
| Tool | What it's built for | Main integrations | Starting price |
|---|---|---|---|
| Joiin | Consolidation and group reporting | Xero, QuickBooks Online, Sage, MYOB, FreeAgent, Zoho Books, Pennylane, Fortnox, Stripe, spreadsheets | From $23/month (1 company, annual). Priced by companies; unlimited users |
| Fathom | Management reporting, KPIs, forecasting | Xero, QuickBooks Online, MYOB, Sage, Excel | From about $50/month for 1 company; bundles of 10, 25 and 50 companies |
| Spotlight Reporting | Advisory reporting and forecasting suite for firms | Xero, QuickBooks | UK advisor plans from £295/month (up to 10 orgs) |
| Syft Analytics | Reporting and analytics, now owned by Xero | Xero, QuickBooks Online, Sage, FreeAgent and more | From $23/month; multi-currency from the Plus plan |
| Calxa | Budgeting, forecasting and cash flow | Xero, QuickBooks Online, MYOB | Tiered by number of organisations |
| LiveFlow | Live accounting data in Google Sheets and Excel | QuickBooks Online, Xero | Custom quote, no public pricing |
What to look for in consolidation software
Most tools can add numbers together. The differences show up in the parts that make consolidated accounts correct:
- Chart of accounts mapping. Your companies rarely share identical account codes. Good software lets you map them once to a group chart and remembers it.
- Eliminations. Intercompany eliminations should be automatic for recurring items such as loans, recharges and management fees, with manual journals for one-offs.
- Currency translation. If you have overseas subsidiaries, check whether the tool translates using closing and average rates, and whether you can set your own rates.
- Mixed ledgers. After an acquisition you may have one company in Xero and another in QuickBooks. Not every tool can consolidate across both.
- Price at your size. Some tools charge per user, some per company, some per bundle. Work out the cost at your current size and in two years' time.
Do you need consolidation software at all?
With two companies, the same chart of accounts and one currency, a well-built spreadsheet can be enough. Our management accounts template handles a small group. Software earns its keep when you have three or more companies, different charts of accounts, foreign currencies or regular intercompany trading, or when you report monthly to a board or lender and can't afford errors.
If you're growing into dozens of entities with complex ownership, a mid-market ERP such as NetSuite or Sage Intacct may eventually make sense. Our guide to multi-entity accounting software covers that decision.
Joiin pricing at a glance
| Companies consolidated | Billed monthly | Billed annually (per month) |
|---|---|---|
| 1 | $28 | $23 |
| 2 | $36 | $29 |
| 5 | $70 | $57 |
| 10 | $111 | $92 |
| 20 | $167 | $139 |
| 50 | $217 | $174 |
| 100 | $336 | $252 |
| 100+ | From $336 + $2.80 per company | Ask Joiin |
Prices from Joiin's pricing page, checked 4 November 2026.
Frequently asked questions
What is financial consolidation software?
It's software that combines the accounts of several companies into one set of group financial statements. It maps different charts of accounts, removes transactions between group companies, translates foreign currencies and produces consolidated reports.
Which consolidation software is cheapest?
Joiin and Syft both start at about $23 a month on annual billing. Joiin charges by the number of companies with unlimited users and reports. Syft offers multi-currency from its Plus plan at about $47 a month.
Can I consolidate Xero and QuickBooks companies together?
Yes, with a tool that supports both in one group. Joiin does this, and also brings in Sage, MYOB and spreadsheet data.
Is Excel good enough for consolidation?
For two or three companies with matching charts of accounts and one currency, often yes. Beyond that, manual exports and formulas become slow and error-prone.