Automated reporting from every subsidiary to the group
Otisco helps Group CFOs and Group Accountants streamline data from multiple accounting systems into their group reporting platform, boosting accuracy and accelerating financial close.
Otisco is a SaaS tool that delivers a transparent and repeatable group consolidation process.
Supported Accounting Systems
The streamlined way to align entity accounting with group accounting.
All supported systems: 24SevenOffice, Abacus, AccMan Systems, ADDISON (Wolters Kluwer), AFAS, Artscape, Ataio, Björn Lundén, BMD, Briljant, Business Central, Comarch ERP, Comatic, CSplus ERP, DATEV, Duett, E-conomic, Easor, EasyTemp, Edison, eSolver (Sistemi), Exact Multivers, Exact Online, Fennoa, Fivaldi, Fortnox, Globe 3 ERP, GoManage, Hantverksdata, HMD Software, Hogia, IFS, Infoniqa, IPSOA, Jeeves ERP, Jincai, Kingdee, Kleer, Lemonsoft, Microsoft Dynamics NAV, Minimax, Miroku (MJS), MoneyPenny, Monitor ERP, Netvisor, Odoo, Pegasus Opera, Pennylane, PowerOffice Go, Procountor, Proffix, Pupesoft, Pyramid Business Studio, QuickBooks, RZL Software, Sage 100, Sage 200, Sage 50, SAP Business One, SAP S/4HANA, SoftOne, Specter, SpeedLedger, Spiris (Visma), SweBase, Talenom Online, Tally Prime, Tripletex, Twinfield, Uniconta, Unik ERP, Unimicro, Unit4 Multivers, VisBook, Visma Administration, Visma Business, Visma Business NXT, Visma eAccounting, Visma Global, Visma.net, Vitec PP7, VT Software, Wolters Kluwer, Xero, Xledger, Yayoi Kaikei. Your system isn’t listed? We build the connector, often within a short time, and so far we haven’t come across a system we couldn’t connect: ask us.
Group Consolidation BEFORE Otisco
A Risky Patchwork of Systems
Before Otisco, group consolidation is a slow, messy, and error-prone process. Group CFOs are left stitching together data from various accounting systems, each with its own structure, local standards, and quirks. There’s little transparency, minimal traceability, and no guarantee that everyone is working from the same version of the truth.
This approach introduces real risk. Financial teams face delays, rework, and potential compliance issues due to inconsistent practices across entities. Reporting becomes reactive rather than proactive blocking strategic insight and slowing down decision-making at the group level.
- Multiple disconnected accounting systems
- Manual data exports and conversions
- Diverse local practices and inconsistent templates
- Increased risk of reporting errors and delays
Group Consolidation WITH Otisco
Otisco is designed to streamline this chaos. Instead of patchwork solutions and last-minute fixes, Otisco serves as the structured link between your entity-level systems and your group consolidation system. It standardizes data, translates local practices, and ensures each step of the process is traceable and auditable.
Otisco is built on a deep understanding of group accounting and the processes around it, from mapping and intercompany to the group close, and that knowledge is built into the system.
With Otisco in place, Group CFOs gain real-time insight into the health of their consolidation process. There’s less back-and-forth, fewer surprises, and a clear pathway to trusted group-level reporting.
- A central connector that bridges all accounting systems
- Data mapped and adapted for consolidation-ready output
- Local practices aligned and made explainable
- Transparent workflows for each step
- Reduces manual work and risk
A Centralized, Reliable Process for Group CFOs
Otisco is packed with features that simplify group accounting consolidation.
Core Features
Built for Complex Consolidation Tasks
Otisco is designed to handle the realities of group reporting. With compatibility across over 90 accounting systems and tools built for compliance, mapping, and user control, Otisco supports accurate consolidation from the ground up.
Connect to Any System
With a fast-growing list of integrations, Otisco supports virtually any accounting system used across your entities.
Custom Account Mapping
Handle even the most complex mapping logic between entity accounts and group structures with ease.
Intercompany Tagging
Tag and track intercompany transactions in one place—simplifying a traditionally painful step.
Audit-Friendly Controls
Track every change by user, with full audit trails for governance and reporting readiness.
Advanced Admin Tools
Create user groups, assign detailed permissions, and manage visibility across your group structure.
Core Benefits
Otisco was created with the challenges of Group CFOs in mind, especially those managing multi-entity structures. It reduces manual work, boosts visibility, and ensures reliable financial outcomes.
Works with Any Entity
Avoid manual workarounds and eliminate the chaos of spreadsheet-based handovers.
Smart Account Matching
Set up account mapping profiles once, then make only minor adjustments as things evolve.
Adapts to Your Structure
Whether you have 3, 30 or 300 companies, Otisco fits your group’s architecture without forcing change.
Easy to Onboard
Otisco doesn’t require long training cycles. Group accountants can enjoy Otisco’s benefits from the very first entity company added to Otisco.
Built for Group CFO Peace of Mind
Why Choose Otisco
Built for Complex Consolidation, Backed by Experience
With over 20 years of group reporting experience built into the platform, Otisco offers smart business logic that helps Group CFOs streamline consolidation and improve accounting quality from day one.
Getting started is quick: onboarding your first entity takes minimal time and effort, and you’ll see results immediately. Otisco strengthens compliance efforts, lowers risk, and helps prevent costly reporting mistakes.
Otisco is built to handle real-world exceptions. It works with even the most complex corporate structures and diverse local accounting practices. And because Otisco is intuitive and user-friendly, it doesn’t require a technical accounting background to use effectively.
Need help? We offer full onboarding support and training to make sure your team is confident and ready.
Frequently Asked Questions (FAQ) – Otisco
What is Otisco?
It’s a SaaS tool that consolidates financial data from multiple accounting systems into the consolidation system your group already uses, or Excel. It reduces manual work, increases transparency, and supports faster, more accurate group-level reporting.
Can Otisco handle multiple accounting systems across entities?
Yes. Otisco supports 90+ accounting systems and adapts local data formats into a unified structure—ideal for groups with diverse or hybrid ERP landscapes.
Does Otisco support intercompany transactions?
Absolutely. Otisco includes built-in intercompany tagging and tracking, making reconciliation easier and faster across entities.
How does Otisco support compliance and audit readiness?
Every user action is logged, and all data flows are fully traceable. Otisco includes audit trails, permission controls, and documentation features to meet internal and external audit requirements.
Is it hard to onboard Otisco across a group?
No. Otisco is user-friendly and fast to set up. You can onboard your first entity quickly, with minimal training required for finance teams.
Which consolidation systems does Otisco work with?
Otisco is independent of the consolidation system. It delivers to AARO, IBM Cognos Controller, CCH Tagetik, Oracle FCCS, OneStream, SAP Group Reporting, Unit4 FPM (Ocra), Board, Konsolidator and Excel, so the group keeps the system it already uses.
Do we need to change our existing reporting workflows?
Not at all. Otisco is built to integrate with your current workflows. It adapts to your group’s structure rather than forcing you to change it.
What kind of support do you offer during implementation?
We provide full onboarding support, training, and advisory services to ensure your finance team is confident and ready to use Otisco effectively.
What types of businesses use Otisco?
Otisco is built for groups that grow through acquisitions and need figures from many companies and accounting systems in one group reporting. Group CFOs and group controllers use it in three kinds of business:
Serial acquirers and investment companies that add new companies every year and want each one reporting to the group from day one.
PE-backed buy-and-build groups that need every add-on acquisition in the group close quickly, with figures owners and lenders can trust.
Accounting firms that produce group accounts for many client groups and want one method for all of them.
How do we get started with Otisco?
Book a free demo to see how Otisco fits your group structure. From there, we’ll guide you through setup, configuration, and first data sync.