Clausion vs Emfino

Clausion Consolidation is a web-based, cloud financial consolidation solution for organizations reporting across multiple entities. It provides ready-made templates for multi-entity IFRS and local GAAP consolidation, with built-in accounting standards and support for full and proportional consolidation methods. Unit data can be converted into group currency using the conversion method selected for each account. Planning reports cover targets, budgets, and forecasts, while operational planning addresses investments and personnel. Pre-built IFRS reports include income statements, balance sheets, and cash flow statements. Clausion also provides intercompany eliminations, multi-currency consolidation, and an audit trail. insightsoftware says its platform connects to more than 200 environments, including ERP, data-warehouse, modern data-stack, and cloud vendors; listed sources include Aptean, Deltek, Microsoft Dynamics, Epicor, Infor, MRI Software, and Oracle. Clausion FPM is listed as ISO 27001 certified; the certification table shows no SOC 1 or SOC 2 certification for that product. Pricing is by tailored estimate on request. Existing customers download releases through the Clausion Support Center.

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.