AI TOOL PROFILE
BrizoSystem: Financial Consolidation & Reporting Software
- Finance and Accounting
- Financial Consolidation
- CFOs
- Accountants
- Financial advisors
- Business owners with multiple entities
- Small and medium business finance teams
Pricing
Pricing is per entity per month, starting at $15 for the Standard plan and $35 for the Pro plan. A 30-day free trial is available without requiring a credit card.
At a glance
- Best for
- CFOs, Accountants, Financial advisors, Business owners with multiple entities, Small and medium business finance teams
- Key use cases
- Multi-entity financial reporting, Standard-compliant reporting, International group management, Intercompany reconciliation
- Integrations
- Xero, QuickBooks Online, MYOB, Zoho Books, CSV import
- Official website
- Visit BrizoSystem official website
How AI is used
BrizoSystem is a cloud-based financial consolidation and reporting platform for businesses with multiple legal entities. It connects to specific accounting software to automate the process of combining financial data, reducing the reliance on manual spreadsheets.
The tool is designed for finance teams, business owners, and accounting advisors who need a unified view of their group's financial health. It supports various accounting standards, including IFRS and US GAAP, and handles currency translation for international operations.
Users can generate consolidated P&L, Balance Sheets, and Cash Flow statements. The platform includes AI-assisted mapping to help align different charts of accounts across entities.
Buyers should confirm if their specific accounting software is natively supported or if they will need to use CSV imports. Multi-currency and budgeting features are available in the Pro plan.
Key Features
Multi-entity consolidation
Combines financial data from multiple legal entities into unified group reports.
Intercompany eliminations
Identifies and eliminates intercompany transactions to help prevent double-counting.
Currency Translation Adjustment (CTA)
Automates currency conversions using historical and closing rates based on accounting standards.
AI Auto-Map
Uses AI to suggest matches between different entity charts of accounts and a common group chart.
Virtual Groups
Allows users to create custom reporting views by region or division without changing the legal entity structure.
Pulse Health Scores
Provides health scores for cash, AR, and AP to monitor business health.
Use Cases
Multi-entity financial reporting
Consolidating P&L, Balance Sheets, and Cash Flow statements across various legal entities.
Standard-compliant reporting
Generating financial statements tagged to IFRS, US GAAP, UK GAAP, or local GAAP.
International group management
Handling multi-currency consolidation and translation adjustments for entities in different countries.
Intercompany reconciliation
Using automated eliminations to manage internal loans, revenue, and investments.
Integrations
- Xero
- QuickBooks Online
- MYOB
- Zoho Books
- CSV import
- Excel export
- PDF export
FAQ
Which accounting systems does BrizoSystem integrate with?
- It has native integrations with Xero, QuickBooks Online, MYOB, and Zoho Books, and also supports data uploads via CSV.
What is the difference between the Standard and Pro plans?
- The Standard plan supports single-currency reporting and basic eliminations, while the Pro plan adds multi-currency consolidation, CTA, full GAAP standards, and basic budgeting.
How is BrizoSystem priced?
- It uses a per-entity, per-month pricing model, with plans starting at $15 per entity.
Does it support international accounting standards?
- Yes, the Pro plan supports IFRS, US GAAP, UK GAAP, and local GAAP standards.
Source category: Finance & Accounting
Source subcategory: Financial Consolidation
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