Blog Posts

Financial Consolidation Tools in 2026: How to Evaluate Options and Choose the Right Approach

Financial consolidation tools help finance teams combine results from multiple legal entities into accurate, compliant, and timely group financial reports. As organisations grow in complexity, choosing the right consolidation approach has a direct impact on close speed, audit confidence, and decision-making. In 2026, finance leaders are no longer asking whether they need consolidation software, but which type of tool best fits their organisation. The market includes spreadsheets, ERP-native modules, and purpose-built cloud platforms — each with different strengths, limitations, and ideal use cases. This guide explains what financial consolidation tools are, the criteria CFOs and finance leaders should use to evaluate them, the main categories of tools available, and when a purpose-built platform such as AccountsIQ is the most appropriate choice.

January at AccountsIQ: Fresh finance insights to kick off 2026

A monthly snapshot of what’s new and what’s next at AccountsIQ.

8 Things to Look For in UK Financial Reporting Software

What Is Cloud Accounting Software? A Complete Guide for 2026

The Best Accounting Software for Mid-sized UK Businesses in 2026

The Best Multi-Entity Accounting Software for UK&I Finance Teams in 2026

The Best Multi-Entity Accounting Software for UK&I Finance Teams in 2026

What we learned in 2025: five key takeaways for finance teams heading into 2026

As we move into the new year, it’s worth reflecting on what was faced by finance professionals this year and the learnings they’ve taken away as a result.

How automated workflows are transforming the approval process for finance teams

Automated workflows are transforming finance approval processes by eliminating delays, enhancing visibility and improving compliance. Manual processes often cause errors and inefficiencies. By adopting automation, finance teams can speed up decision-making, reduce manual tasks, and ensure better control.

How CFOs are replacing spreadsheets with automation

Finance leaders are rethinking how they close the books, leaving spreadsheets behind for smarter, automated tools. In this blog, find out what’s driving the change and how CFOs are making it happen.

Mindset Matters: CFO challenges and tech insights with Becca Durrant

After launching The CFO Mindset Report 2.0, we caught up with Becca Durrant, Senior Manager at Saffery, to unpack what the findings reveal about the changing face of finance leadership. With deep experience helping organisations digitise and simplify their finance systems, Becca shares her insights on the pressures CFOs face, the pitfalls of overcomplicated tech, and how mid-market businesses can reclaim time through smarter systems and strategy.

Software integrations: If it’s not on the menu, just ask

Fully integrate your tech-stack with AccountsIQ's customised accounting software integrations. Benefit from full visibility and accurate data syncing between your systems.

Why CFOs say they’d need a six-day week – and how they can reclaim time for strategic decisions

In our inaugural CFO survey, the CFO Mindset Report, we set out to uncover the challenges finance leaders face and explore the practical solutions they can use to overcome them. The findings show that today’s CFOs are under intense pressure, frequently working extended hours to meet the demands of their roles.

How your month-end workflow can make or break decisions at the top

A closer look at how finance teams turn month-end frustration into a workflow that empowers leadership, boosts confidence and enables better decisions.

3 priorities of highly effective Private Equity CFOs

Every CFO has many and varied responsibilities. But running the finances of a private equity portfolio often involves an even broader range of disciplines, challenges and relationships. So what separates private equity CFOs from the rest?

AccountsIQ partners with Harlequins to become official data and insights partner

Together, AccountsIQ and Harlequins celebrate the idea that numbers are more than figures – they are the foundation of strength, intelligence and progress.

Five reasons why AccountsIQ is the finance system of choice for renewable energy companies

Renewable energy could power the world by 2050. That could save millions of lives from air pollution, reverse the effects of climate change and secure our energy supply. This means that finance managers in the renewables sector face all the challenges and complexities of a surging industry; raising funds, managing growth and maximising the returns of multiple assets.

Multi-entity consolidation: Key metrics CFOs should track

In this blog, we explore how multi-entity consolidation software can empower CFOs to streamline financial processes, track key metrics, and drive sustainable growth in 2025 and beyond.

New finance system implementation tips for success

A new finance system implementation project is a big project, but it can be a smooth one, with our hints and tips, gained from supporting hundreds of clients’ move on to AccountsIQ.

How BI codes can improve financial reporting

AccountsIQ's enhanced BI coding structure allows you to tag all your company’s transactions to specific projects, divisions, cost centres, departments, locations or funds.

How finance managers can overcome the challenges of group accounting

Group accounting can be one of the most challenging and technically difficult areas for finance teams. This article explores some of the main group accounting challenges and how finance managers can overcome them with modern, cloud-based group accounting software.

What does good support really look like in the finance software world?

Insights from Dave Fay, Head of Support at AccountsIQ, on why world-class support is no longer optional but essential for finance leaders navigating mounting pressures and complex software.

What are APIs in accounting and why should accountants care?

We’re here to show you why APIs in accounting matter, and how an open API could help you to build your business and work more efficiently.

7 steps to setting up a Cloud accounting system

Changing finance system feels risky to some people. But for growing businesses, the biggest risk is in not changing soon enough. Without a modern finance system, you’re risking low productivity levels, and error-prone management reports. Here we show how to set up a cloud accounting system in 7 simple steps

What is multi-currency consolidation and why is it a challenge?

Multi-currency consolidations are essential for group companies with subsidiaries, franchises, holding entities, or other structures in more than one country. As a growing business, it’s likely you already need to transact, account and report in multiple currencies, which can be quite complex. Find out why this can be a challenge and how AccountsIQ can help.

7 finance pain points when growing a business

Fast-growing companies typically experience similar pain points or growth obstacles related to their finance systems and processes. This article lists the 7 most common ones.

Nine reports every CFO should be presenting in leading finance functions

In this article we highlight nine reports every CFO in a leading finance function should be presenting.

Finance system requirements checklist

We’ve created a comprehensive finance system requirements checklist to help you evaluate which features you need, which you don’t and how different finance and accounting systems stack up.

9 management reports every CFO needs

CFOs need business and financial data that’s timely, reliable and structured. Every finance team needs these nine management reports at their fingertips.

How to prepare group consolidated accounts

Does your business still prepare your consolidated accounts manually? Maybe you’ve acquired new subsidiaries or launched new group entities organically over a number of years. As a result, you may now be faced with late nights pouring over endless spreadsheets and doing repetitive tasks to consolidate their accounts.

Miles ahead: Smarter support, stronger mindsets, better days at work

With insights from Gordon Crawford,  this blog explores how finance teams can adopt elite athletic mindsets - focusing on collaboration, adaptability and resilience.

Reaping the benefits of an integrated accounting system: what, when and how to integrate

The benefits of an integrated accounting system can add up to a radical transformation of your finance function. In this article we explore the advantages of integrated accounting systems and when integrating may be the right choice for your business.

7 things to consider before changing accounting systems

Changing accounting systems is a big project, so before you commit, you need to make sure it’s a success by asking the right questions.

Why faster doesn’t mean riskier: A new standard for accounting software implementation

This blog explores how finance teams can strike the right balance when it comes to implementing a new finance management system - moving quickly where it makes sense, and carefully where it matters most.

What is a Financial Management System?

All organisations require reliable records and data about their finances, so that they can manage them properly. Modern cloud-based digital financial management systems provide an efficient and effective way of carrying out these activities. Learn the key features of a financial management system.

A finance team’s guide to managing foreign exchange risk

When a company trades in goods or services overseas, or makes international inter-company transactions, it needs to minimise or mitigate the associated financial exchange risks.

How mid-market CFOs are increasing financial visibility (and driving better performance)

Mid-market CFOs are driving smarter, faster decisions by improving financial visibility, streamlining reporting and scaling processes with modern cloud tools.