Freedom251 › Financial Consolidation Software
Emfino
What Emfino is
Emfino is financial software for companies managing reporting, consolidation, budgeting, data validation, and analysis across multiple entities. Finance teams can drill from reports, including consolidated reports, to transaction-level data. Its principal module includes import checks, mapping, built-in and custom reports, user action logs, and monthly sign-off. The consolidation module supports inter-group reconciliation, automated eliminations, and adjustment bookings based on rules and formulas. Other listed tools include cost allocation, IFRS and group adjustments, and user management. Emfino imports transaction, trial balance, balance sheet split, and key value data. It can use accounting or ERP systems that export the required transaction and trial balance information in Excel; examples include Xero, 1C, SAP, QuickBooks, Microsoft Dynamics 365 Business Central, Epicor iScala, Sage, and NetSuite. API imports can be implemented after manual imports work and pass validation. Subscriptions include technical support, secure storage, and daily backups. Included limits are up to 50 users, five actual data import formats, and 40 million cumulative transaction lines. Subscription pricing depends on entities, transaction volume, and selected modules, with module prices excluding VAT.
Who it suits
Emfino is intended for multinational and domestic companies across industries, particularly finance teams responsible for multi-entity reporting and dimensional accounting. It suits organizations whose systems can export the required data in Excel.
What it does well
- Drill-down from consolidated reports to transactions.
- Includes inter-group reconciliation and automated eliminations.
- Supports built-in and custom reports.
- Subscription includes technical support and daily backups.
- Up to 50 users and 40 million transaction lines included.
What to know first
- Pricing depends on entities, transaction volume, and modules.
- API imports follow successful manual imports and validation.
- Module prices exclude VAT.
Limits
The subscription includes up to 50 users, five actual data import formats, and 40 million cumulative transaction lines stored. Additional 50 users cost 100 EUR per month, and additional 10 legal entities cost 200 EUR per month.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Additional 50 users | 100 € / month · +50 users | €100 a month |
| Additional 10 legal entities | 200 € / month | €200 a month |
| Principal & Consolidation Module | Monthly subscription; price depends on legal entities with data, average monthly transaction lines, and selected modules; excludes VAT. · up to 50 users · up to 5 actual data import formats · up to 40 million cumulative transaction lines | On request |
| Budgeting Module | Optional monthly subscription; price depends on legal entities with data and average monthly transaction lines; excludes VAT. · Optional module · up to 40 million cumulative transaction lines included in subscription | On request |
| Currency Translation Module | Optional monthly subscription; price depends on legal entities with data and average monthly transaction lines; excludes VAT. · Optional module · up to 40 million cumulative transaction lines included in subscription | On request |
As emfino.com lists them, read 5 Oct 2026. The maker's own page has the final word.
Getting started
- Open the Emfino website
- Prepare group chart of accounts and dimension structure
- Make entity import formats available
- Begin with manual Excel imports and validation
- Implement API imports after manual imports run smoothly
- Select the required monthly modules and entity capacity
Verdict
Emfino combines multi-entity reporting and consolidation with data validation and budgeting capabilities. Its variable subscription basis and Excel import requirements are important considerations for prospective users.
Questions
What does Emfino cost?
The principal and optional module prices depend on legal entities, average monthly transaction lines, and selected modules. Listed module prices are in EUR excluding VAT; additional 50 users cost 100 EUR per month and additional 10 legal entities cost 200 EUR per month.
Is there a free plan?
Emfino is paid software and no free plan is listed. Subscriptions include access to a demo system for up to three users.
Which systems can Emfino import from?
Named examples include Xero, 1C, SAP, QuickBooks, Microsoft Dynamics 365 Business Central, Epicor iScala, Sage, and NetSuite, when required data can be exported in Excel.
Does Emfino support API imports?
Yes. Automated API imports can be implemented after manual imports are working and pass validation.
What limits are included in the subscription?
The subscription includes up to 50 users, five actual data import formats, and 40 million cumulative transaction lines.
Where is Emfino based?
Emfino lists Riga, Latvia as its headquarters and says it was founded in 2020.
Facts from Emfino's own pages
- Accounting systems
- Emfino imports transaction and trial balance reports from accounting or ERP systems that can export the required data in Excel format. · emfino.com, 5 Oct 2026
- API imports
- After manual imports are working and pass validation, automated data imports via API can be implemented. · emfino.com, 5 Oct 2026
- Company
- Emfino lists Riga, Latvia as its home city and 2020 as its founding year. · emfino.com, 4 Oct 2026
- Consolidation
- The consolidation module includes reconciliation of intra-group transactions and balances, automated eliminations, and consolidation adjustments. · emfino.com, 5 Oct 2026
- Core features
- The principal module includes data validation, mapping, built-in and custom reports, transaction drill-downs, cost allocation, IFRS and group adjustments, user management, and monthly sign-off. · emfino.com, 5 Oct 2026
- ERP compatibility
- The maker says Emfino can use any accounting or ERP system that can export transaction and trial balance reports in Excel with the required data. · emfino.com, 4 Oct 2026
- Features
- The principal module includes data validation and import checks, mapping, built-in reports, a custom report builder, user action logs, and monthly sign-off. · emfino.com, 4 Oct 2026
- Founded
- 2020 · emfino.com, 28 Sept 2026
- Founded and location
- Emfino says it was founded in 2020 and gives Riga, Latvia as its home city. · emfino.com, 5 Oct 2026
- Headquarters
- Riga, Latvia · emfino.com, 28 Sept 2026
- Imports
- The maker lists transaction reports, trial balance reports, balance sheet split reports, and key value data as supported import types. · emfino.com, 4 Oct 2026
- Included limits
- The subscription includes up to 50 users, up to five actual data import formats, and up to 40 million cumulative transaction lines stored. · emfino.com, 5 Oct 2026
- Integration
- Emfino says business systems and BI tools can provide key value data, and automated imports via API can be implemented after manual imports run smoothly and pass validation. · emfino.com, 4 Oct 2026
- Intended users
- Emfino says its clients are mainly multinational, multi-entity companies and lists finance and insurance, construction, hospitality, manufacturing, retail, and other industries. · emfino.com, 4 Oct 2026
- Limits and fees
- The pricing page lists up to 50 users and five different actual data import formats as included, and says the subscription includes up to 40 million cumulative transaction lines stored. · emfino.com, 4 Oct 2026
- Named integrations
- The site lists Xero, 1C, SAP, QuickBooks, Microsoft Dynamics 365 Business Central, Epicor iScala, Sage, and NetSuite as examples of supported systems. · emfino.com, 5 Oct 2026
- Pricing basis
- The monthly subscription fee depends on the number of legal entities with data, average monthly transaction lines, and selected modules; the page labels module prices in EUR excluding VAT. · emfino.com, 5 Oct 2026
- Product
- Emfino is financial software for multi-entity financial reporting, consolidation, budgeting, data validation, and analysis. · emfino.com, 4 Oct 2026
- Security and backups
- The subscription includes secure data storage and daily backups on Emfino-managed servers. · emfino.com, 5 Oct 2026
- Setup
- The company says setup can take as little as two weeks when the group chart of accounts, dimension structure, and entity import formats are ready. · emfino.com, 5 Oct 2026
- Support
- Technical support is included in the subscription. · emfino.com, 4 Oct 2026
- Support and demo
- The subscription includes technical support and access to a demo system for up to three users. · emfino.com, 5 Oct 2026
- Transaction detail
- Reports can be drilled down to the underlying transactions, including in consolidated reports. · emfino.com, 5 Oct 2026
- What it does
- Emfino combines financial reporting, consolidation, budgeting, data validation, and analysis for multi-entity companies. · emfino.com, 5 Oct 2026
Where Emfino stands on Freedom251
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