Can you build reporting on top of our existing accounting system, or do we need to replace it?

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.

How do you handle consolidation when subsidiaries use different accounting platforms?

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.

How long does it take to produce the management accounts after period close?

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.

What does financial reporting software development cost?

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.

Financial Reporting Software Development

The report your board needs, produced 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

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The problem

Sound familiar?

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?
Regulatory reports produced by manually reformatting figures into the regulator's template each quarter, with real keying-error risk?

Short answer

RaftLabs builds custom financial reporting software for finance teams that need management accounts, consolidated group reports, budget vs actual variance analysis, KPI dashboards, and automated regulatory reporting. The software connects to your existing ledger and produces board-ready reports on day two or three after close, removing the 2-5 day manual assembly step. Most financial reporting projects deliver in 10 to 14 weeks at a fixed cost, typically $35,000 to $130,000.

Key takeaways

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.

Trusted by

Reporting software delivery, by the numbers

software products shipped: 100+

cost delivery: Fixed

week delivery cycles: 10-14

industries served: 24+

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. 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.

Capabilities

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.
02
Group consolidation
A consolidation engine aggregates subsidiary trial balances with automatic inter-company elimination and minority interest calculation, retaining full consolidation workings so the result can be reviewed 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.

How we work

From scope to live reporting system

Week 1
01
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 2-4
02
Data model and consolidation design
Account mapping, consolidation logic, and report layouts designed against your actual chart of accounts.
Weeks 5-11
03
Build and integrate
Ledger integration, report engine, and distribution built in parallel, tested against real close data.
Final 2-3 weeks
04
Launch and finance team training
Finance team trained on the reporting workflow ahead of the next real close.

Why us

Why finance teams choose RaftLabs

01
Senior engineers build what they scope
The engineers who assess your reporting gap also build the solution. No bait-and-switch, no offshore handoff after the contract is signed.
02
Fixed price before development starts
We scope the work, calculate the cost, and lock it in writing before any development starts.
03
9 years and 100+ products shipped
Clients include Vodafone, T-Mobile, Aldi, Nike, Cisco, and Lockheed Martin. Track record building multi-entity financial platforms.
04
Reports run from the ledger, not rebuilt in Excel
The board pack is ready on day three of close, not day ten, because the manual assembly step is gone.
05
Built for groups of two entities or twenty-five
Consolidation logic handles changing ownership percentages, mixed exchange rates, and mid-period entity changes.

Have a financial reporting project?

Tell us the reports your stakeholders need, the format they use, and how long it takes your team to produce them today. We will scope the reporting system that removes the manual step.

Talk about your financial reporting project

Related services

Financial Reporting Software Development, scoped in one call.

Tell us what's broken. Within one business day you get a straight take on cost, timeline, and the right first step. No deck, no pressure.

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: 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.

Work with us

Tell us what you need. We'll tell you what it would take.

We scope Financial Reporting Software Development in 30 minutes. You walk away with a clear cost, timeline, and approach. No commitment required.

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.

Go deeper

Browse our case studies

Accounting software by area

01
Accounting industry hub
RaftLabs track record building software for accounting and finance teams.