AARO CPM vs Emfino
AARO CPM
aaro.comEmfino
emfino.comSide by side
| Figure | AARO CPM | Emfino |
|---|---|---|
| Price from | — | €100/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| API | — | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 5 |
| Spec score · Financial Consolidation Software | 8.4 (#3) | 8.4 (#4) |
| Founded | 1989 | 2020 |
| Headquarters | Stockholm, Sweden | Riga, Latvia |
| Support | AARO lists Basic, Standard, and Premium support SLAs; Basic is included with AARO and AARO SaaS, while Premium includes 24/7 support. | Technical support is included in the subscription. |
Plans
Emfino
- Additional 50 users€100 a month
- Additional 10 legal entities€200 a month
- Budgeting ModulePrice not published
- Currency Translation ModulePrice not published
- Principal & Consolidation ModulePrice not published
In their own words
AARO CPM
AARO CPM provides financial consolidation and reporting for organizations with multiple entities. It supports group accounting, consolidated financial statements, analytics, operational management analysis, simulations, recalculations, planning, budgeting, and forecasting. AARO says it can support groups ranging from three companies to a thousand, with users able to analyze data and generate consolidated statements during financial close. The preconfigured Base Package includes an EU BAS chart of accounts based on IFRS, an acquisition register, cash flow, financial statements and notes, acquisition elimination, Excel add-ons, and a dashboard. AARO Integrator imports data from multiple ERP systems, including VISMA, Navision, Hogia, Agresso, NetSuite, SAP, and Microsoft Dynamics; imports can be scheduled or handled semi-automatically with mapping and conversion rules. AARO Connector makes figures available in other systems, including BI, budgeting and forecasting solutions, Excel, and other Office tools. Deployment is available as a managed cloud service or on-premise. Pricing is on request, with demos offered.
Emfino
Emfino is financial software for reporting, consolidation, budgeting, data validation, and analysis across multiple entities. Reports, including consolidated reports, can drill down to transaction-level data. The principal module provides import checks, mapping, built-in reports, a custom report builder, user action logs, cost allocation, IFRS and group adjustments, user management, and monthly sign-off. Consolidation includes inter-group reconciliation, automated inter-group eliminations, and rule- or formula-based adjustment bookings. Emfino accepts transaction, trial balance, balance-sheet split, and key-value data. It can use accounting or ERP systems that export required transaction and trial-balance information in Excel; named examples include Xero, 1C, SAP, QuickBooks, Microsoft Dynamics 365 Business Central, Epicor iScala, Sage, and NetSuite. API imports can be added after manual imports work and pass validation. Subscriptions include secure storage, daily backups, technical support, and a demo system. Included limits are 50 users, five actual import formats, and 40 million cumulative transaction lines.