"RaftLabs has been an exceptional partner. From the start, they became more than just a service provider, they embraced our vision with their expertise and dedication. We're proud of the result."
Jennyfer Ngueno
CoFounder & CEO, Sekou
Financial Reporting Software Development
Financial reporting software that builds the board pack without the Excel step.
Standard accounting platforms produce the numbers. Producing the report your board, your investors, or your regulator actually needs is a different problem, and most finance teams solve it with two days of Excel work after the close. We build financial reporting software that produces management accounts, consolidated group reports, and KPI dashboards directly from your ledger data, on a defined schedule, without the manual step between the numbers and the report.
Management accounts, P&L, balance sheet, and cash flow, in your board's format, produced directly from the ledger
Consolidation across legal entities with inter-company elimination and minority interest calculations
Budget vs actual variance reporting with drill-down to transaction level available throughout the period
Regulatory reporting in the required format, VAT, statutory accounts, and corporation tax working papers, extracted without manual reformatting
Bring the problem, the current workflow, or the existing code. We reply with a practical next step within one business day.
Trusted by
The brief
Start with what is not working.
Good software decisions begin with the constraint, not a list of features or a preferred technology.
01
CFO spending two days after each month-end close rebuilding the board pack in Excel because the accounting platform can't produce the consolidated view stakeholders need?
02
Regulatory reports produced by manually reformatting figures into the regulator's template each quarter, with real keying-error risk?
Plain answer
RaftLabs builds custom financial reporting software that produces board-ready management accounts, group consolidation, budget vs actual variance analysis, and KPI dashboards directly from your ledger. It removes the two-to-five-day manual Excel assembly after close. Finance teams launch a validated v1 in 10 to 14 weeks at a fixed cost agreed before work starts, then keep building.
What to remember
- The reporting gap, not bad numbers, is what costs finance teams days each month; closing it means the report runs directly from the ledger in the exact format stakeholders use.
- Consolidation handles subsidiaries on different platforms (QuickBooks, Xero, Sage, SAP) via a standardised trial balance extraction layer mapped to group account codes.
- Drill-down from any budget line to individual transactions is available throughout the period, not just after close.
- A focused build (management accounts, budget vs actual, KPI dashboard) runs $35,000-$70,000; consolidation, regulatory reporting, and automated distribution bring it to $70,000-$130,000.
The two days after close that never make it into anyone's plan.
The numbers are final on day one. Then the CFO opens Excel. Two days rebuilding the board pack: pulling the P&L, the balance sheet, and the cash flow, reformatting it into the layout the board actually reads, keying the consolidated view the accounting platform cannot produce.
The numbers were never the problem. The report was. Every month, the same two days, spent turning correct figures into a document someone can actually use.
Custom financial reporting software closes that gap. The report runs from the ledger, in the board's format, on the day the numbers land.
When the reporting gap becomes the bottleneck
The problem isn't that the numbers are wrong, it's that getting them into the format stakeholders actually use requires a manual step that takes one to three days every month. Finance teams feel this industry-wide: half still take six or more business days to close the books each month, and only 18% close in three days or fewer (Ledge / CFO.com, 2025). The report assembly sits on top of that. Custom financial reporting software closes the gap: the report runs directly from ledger data, in the required format, with drill-down from summary figure to supporting transaction available in one click.
RaftLabs has been shipping production software since 2015, with fintech products live in payments and investment data. The team that scopes your reporting gap is the team that builds it, at a fixed cost agreed before development starts, and the board pack is ready on day two or three of close because the manual assembly step is gone. Consolidation logic handles groups of two entities or twenty-five, with changing ownership percentages, mixed exchange rates, and mid-period entity changes, on a GAAP or IFRS basis.
This pays off when the close is controlled and the report still takes days.
Everything on the left should already be true for your finance team. Even one thing on the right, and your accounting platform's built-in reports are the smarter starting point right now.
A fit
A month-end close that's well-controlled, but the board pack still takes two to five days of Excel work after the numbers are final.
Consolidation across multiple legal entities, or subsidiaries on different platforms like QuickBooks, Xero, Sage, or SAP.
Regulatory or statutory reporting you currently reformat by hand into the regulator's template every period.
Not a fit
Your accounting platform's built-in reports already give stakeholders the format they need.
The close itself isn't controlled yet, so the numbers aren't reliable to report from.
A one-off report you need once, not a recurring pack produced on a defined schedule.
Scope
What we build
- 01
Management accounts
P&L, balance sheet, and cash flow produced directly from the ledger in your board's exact layout, with prior period comparisons, segment reporting by division or cost centre, and narrative commentary fields built into the same pack. Every figure reconciles back to the underlying double-entry ledger, so the pack ties out to the trial balance without a manual check. - 02
Group consolidation
A consolidation engine aggregates subsidiary trial balances with automatic inter-company elimination and minority interest calculation on a GAAP or IFRS basis, retaining full consolidation workings and a posting-level audit trail so every figure can be reviewed, traced to source, and explained line by line. - 03
Budget vs actual variance reporting
Budget loading with phasing rules drives variance reporting against current period and year to date, with forecast management, variance commentary capture, and drill-down to individual transactions available throughout the period. - 04
KPI dashboards
Dashboards configured to your specific metrics, revenue, margin, EBITDA, debtor days, calculated directly from ledger data with trend charts and target lines, scoped for non-finance stakeholders where relevant. - 05
Regulatory reporting
VAT figures, statutory accounts schedules, and corporation tax working papers populate from the ledger automatically, with filing deadline tracking and alerts so nothing is missed in a busy close period. - 06
Report scheduling and distribution
Reports run on a defined schedule, board pack on day three, weekly cash position every Monday, with automated distribution to defined recipients, versioning, and delivery confirmation.
Have a financial reporting project?
Tell us the reports your stakeholders need, the format they use, and how long your team spends producing them today. We'll scope the reporting system that removes the manual step.
How it works
From scope to live reporting system
- Week 101
Reporting requirements scoping
We map your stakeholder reports, current close process, and data sources. You leave week 1 with a written scope document and a fixed-price quote.
- Weeks 2-402
Data model and consolidation design
Account mapping, consolidation logic, and report layouts designed against your actual chart of accounts.
- Weeks 5-1103
Build and integrate
Ledger integration, report engine, and distribution built in parallel, tested against real close data.
- Final 2-3 weeks04
Launch and finance team training
Finance team trained on the reporting workflow ahead of the next real close.
We scope the work, calculate the cost, and lock it before development starts. Where you land in that range depends on scope, not negotiation:
- Focused build, $35,000-$70,000
- Management accounts, budget vs actual reporting, and a KPI dashboard, produced directly from the ledger.
- Full build, $70,000-$130,000
- Everything in the focused build, plus group consolidation, regulatory reporting, automated distribution, and multi-source data integration.
What it costs
Custom financial reporting software, starting at $35,000.
Management accounts, consolidation, budget vs actual, and regulatory reporting, produced directly from your ledger on a defined schedule.
Most finance teams start with the board pack alone. Consolidation and regulatory reporting get added once the first report set is live and the board has seen it.
Starting investment
Starts at $35,000
Most teams launch a validated v1 in 10 to 14 weeks, then keep building. Start with the board pack, then add consolidation and budget-vs-actual once the first phase is running.
No hourly billing
Once we scope the reporting build, that price is locked in writing, no surprise invoices, no change fees you didn't agree to.
Runs from the ledger
Reports run directly from your ledger data on a defined schedule, so the board pack is ready on day two or three of close, not rebuilt in Excel on day ten.
Proof
What clients say about working with RaftLabs
Three-year average engagement. Founders and operators describing the work in their own words. No marketing varnish.
Work with us
Tell us where the work is stuck.
Bring the rough workflow, half-built product, or messy brief. We will map the smallest useful first move, then send scope, timeline, and price in plain English.
- Scope and cost agreed before work starts. No surprises. No obligation.
- Working prototype within 3 weeks of kickoff.
- Pay by milestone. You see progress before each invoice.
- 60-day post-launch warranty. Bug fixes, UI tweaks, and deployment support. No retainer.
- All conversations are NDA-protected.
Common questions
We can build reporting as a layer on top of your existing system. The reporting software connects via API or direct database access, pulls the ledger data, applies the reporting structure, and produces the output. You keep your existing accounting platform and remove the Excel step between it and the reports your stakeholders use.
We build a data extraction layer for each subsidiary that pulls the trial balance in a standardised format regardless of platform. Account code mapping from each subsidiary's chart of accounts to the group reporting structure is defined during discovery and applied automatically at each consolidation run. QuickBooks, Xero, Sage, SAP, or a custom ledger can all feed the same consolidation engine.
For businesses where the close process is well-controlled, the management accounts are typically available on day two or three after period end. The reporting software removes the manual assembly step that's usually the source of the two-to-five day delay between close and a board-ready pack.
A focused build covering management accounts, budget vs actual reporting, and a KPI dashboard typically runs $35,000 to $70,000. Adding group consolidation, regulatory reporting, automated distribution, and multi-source data integration typically brings the total to $70,000 to $130,000. Fixed cost agreed before development starts.