Profitbase Consolidation
hypergene.com
What it is
Profitbase Consolidation supports period closing and group reporting for commercial organizations seeking business control. Its reconciliation engine connects to source systems and flags exceptions in real time; the vendor says it can reduce monthly closing time by over 50%. Users can add or remove companies and create versions of a group hierarchy, with dimensions copied automatically. Reports and trial balances are available for a group or individual companies, with drill-down to voucher details and functional, transaction and reporting currencies shown side by side. Additional modules cover acquisitions, eliminations, manual entries and intercompany differences. The acquisitions module summarizes group entities, ownership, currency, acquisition cost, goodwill and depreciation; eliminations can be automated using counterparty codes or accounts. Listed capabilities also include multi-entity and multi-currency consolidation, audit trails, cash visibility, liquidity planning, payment workflows, investment management, debt management and financial risk tools. Hypergene says it offers solutions with data storage and processing in Sweden. The product is web-based, has no free plan, and its price is available on request.
Spec sheet
- Purpose
- Profitbase Consolidation supports period closing and group reporting.Read 30 Sep 2026 · hypergene.com
- Intended users
- Hypergene Profitbase is described as being for commercial organizations seeking strong business control.Read 30 Sep 2026 · hypergene.com
- Integrations
- The product page says the reconciliation engine connects directly to source systems, but does not name specific integrations.Read 30 Sep 2026 · hypergene.com
- Security
- Hypergene says it has been ISO 27001 certified since 2020, with annual independent audits and regular penetration tests.Read 30 Sep 2026 · hypergene.com
- Support
- Hypergene describes customer success managers as proactive and its support team as providing knowledgeable, prompt help.Read 30 Sep 2026 · hypergene.com
- Headquarters
- Malmö, SwedenRead 28 Sep 2026 · hypergene.com
- Founded
- 2000Read 28 Sep 2026 · hypergene.com
- Company
- Hypergene describes itself as a Swedish SaaS company with 600+ Nordic customers and 250+ employees.Read 30 Sep 2026 · hypergene.com
- Acquisitions
- The acquisitions module gives an overview of group entities, including ownership, currency, acquisition cost, goodwill, and depreciation.Read 30 Sep 2026 · hypergene.com
- Closing
- The vendor says its reconciliation engine connects to source systems, flags exceptions in real time, and can reduce monthly closing time by over 50%.Read 30 Sep 2026 · hypergene.com
- Data location
- Hypergene says it offers solutions where all data storage and processing take place in Sweden.Read 30 Sep 2026 · hypergene.com
- Eliminations
- The eliminations module can create automatic eliminations based on counterparty codes or accounts.Read 30 Sep 2026 · hypergene.com
- Extra modules
- Acquisitions, eliminations, manual entries, and intercompany differences are listed as extra modules.Read 30 Sep 2026 · hypergene.com
- Group reports
- Reports and trial balances can be viewed for the group or individual companies, with drill-down to voucher details and functional, transaction, and reporting currencies shown side by side.Read 30 Sep 2026 · hypergene.com
- Group structure
- Users can add or remove companies and create a new version of the group hierarchy with dimensions copied automatically.Read 30 Sep 2026 · hypergene.com
Plans and prices
Hypergene Profitbase Priced on request Tailored options and prices available by request Read 30 Sep 2026 · hypergene.com
Strong points and limits
Strong points
- Flags reconciliation exceptions in real time.
- Group reports drill down to voucher details.
- Supports multiple entities and currencies.
- Hypergene offers data storage and processing in Sweden.
- Security includes annual independent audits and regular penetration tests, according to Hypergene.
Limits
- No free plan is listed.
- Pricing is available on request.
- Specific integrations are not named.
Who it suits
Profitbase Consolidation is intended for commercial organizations seeking business control, particularly those handling period close and group reporting across multiple entities. It may suit teams that need multi-currency consolidation and drill-down reporting.
Verdict
Profitbase Consolidation covers group reporting and period-close workflows, with additional modules for acquisitions and eliminations. Prospective buyers will need to request pricing and confirm the source-system connections they need.
Where Specifiction places it
- Financial Consolidation Software#26 of 356.8
