PRICING
Transparent. Scalable. Predictable.
Have you ever tried to figure out the real cost of consolidation tools for your Group? Almost none of the mid-market reporting and consolidation tools disclose their pricing.
Emfino decided to take a different approach.
The pricing of Emfino | Financial Reporting, Consolidation, and Budgeting system is clear, well-structured, and allows full transparency and predictability. Emfino pricing is based on a predictable monthly subscription fee for the entire Group of companies.
Implementation fee? As Emfino is ready-to-use reporting, budgeting, and consolidation software that does not require custom development or long implementation projects, there is NO Implementation fee. NO CAPEX, just OPEX with Emfino!
Custom Development Fees? All Emfino clients use the same version of the system. If a client requests a custom feature, we first evaluate whether it would also benefit other customers.
If yes — we develop it free of charge, and the new feature becomes available to all clients in the upcoming system update.
MONTHLY SUBSCRIPTION FEE FOR GROUP
Your subscription fee depends on two simple parameters
NO
Implementation
fee
Modules selected
+
1 Number of legal entities with data in the system
2 Number of average monthly transaction (TX) lines imported or created in the system
PRINCIPAL & CONSOLIDATION MODULES (EUR, excl. VAT)
0-250
251-1000
+ BUDGETING MODULE (optional) (EUR, excl. VAT)
0-250
251-1000
+ CURRENCY TRANSLATION MODULE (optional) (EUR, excl. VAT)
0-50
51-100
101-150
151-200
201-250
251-500
501-750
751-1000
Data Volume Limit*
INCLUDED in Subscription
OTHER SERVICES
Examples:
– Review or preparation of the Group Chart of Accounts or Dimension Structure – User Training
– Assistance with Company-specific questions: how to preparate this booking?, how to make this formula?, how to make this custom report?, how to deal with this issue in accounting?, etc.
– Custom integration development with the Customer's IT systems
90 € / hour
FINANCE AND IT CONSULTATIONS FOR COMPANY-SPECIFIC QUESTIONS
WORK PERFORMED ON BEHALF OF THE CUSTOMER
Examples:
– Data imports, mapping, preparation of bookings, setup administration, definition of custom reports, formulas, etc.
90 € / hour
ADDITIONAL DATA IMPORT FORMATS
min. 1 hour charged
Review of formats
min. 1 hour charged
90 € / hour
Preparation of import scripts
ADJUSTMENT OF EXISTING DATA IMPORT FORMATS
min. 1 hour charged
Review of adjusted formats
min. 1 hour charged
90 € / hour
Adjustment of import scripts
Additional subscription options:
+ 50 USERS
100 € / month
+ 10 LEGAL ENTITIES
200 € / month
INVOICING PARAMETERS
1 - Number of legal entities at the end of previous month having at least one transaction imported or created in the system in any of the periods.
2 - Number of average monthly transaction lines over a rolling 6-month period ending four months before invoice generation. (For some companies, reporting is performed on a quarterly basis; therefore, when generating an invoice, there might be no or partial transactions for the previous quarter.) “Transaction lines” include all data input lines imported or created in the system (e.g., transactions / journal entries, Trial Balances, key values, budgets, IFRS/cost allocation/consolidation adjustment bookings).
* DATA VOLUME LIMIT
Your subscription includes up to 40 million cumulative transaction lines stored in the system.
PRICING VALIDITY
The prices published on Emfino website at the time of signing the subscription contract form part of the agreement and remain valid for 3 years. Pricing on Emfino website is subject to change.
AUTOMATIC INVOICING
Invoiced subscription fees are calculated automatically by the system. The relevant metrics (legal entities with data, transaction volume, users, and modules selected) will be available in your Emfino database.
COMPLIANCE
All legal entities and countries included in Emfino must comply with EU and international sanctions regulations.
MODULES
PRINCIPAL MODULE INCLUDES:
-
Admin section for setup (Self-service solution for the Finance team)
-
Unified Accounting Requirements: Group Chart of Accounts & Dimension Structure
-
Data Imports (Transactions, Trial balances, Key values, Balance Sheet splits)
-
Multiple ERP and Local Chart of Accounts compatibility
-
Data validation & Import checks (Built-in & customizable)
-
Data mapping
-
Built-in Reports (Profit & Loss, Balance Sheet, Monthly Management report, All-in-One report, Trial Balance)
-
Custom Report Builder - build any report you need
-
Transaction level drill-downs and Balance sheet splits by partners
-
Commenting on Variances (vs previous periods)
-
Checkpoints / Data freeze to access data originally reported
-
Rules-based and automated Cost allocation bookings directly in the System
-
Rules based IFRS and Group adjustment bookings directly in the System
-
Advanced Mapping for improving imported data quality
-
Flexible User Management & User action log
-
Monthly Sign-off functionality
+ CONSOLIDATION MODULE INCLUDES:
-
Definition of various Consolidation groups
-
Option to view aggregated results in all reports for the consolidation groups defined (used by companies that do not even perform consolidation, e.g., investment companies monitor the aggregated results of their separate funds)
-
Intra-group transactions and balances reconciliation (both in original and reporting currencies)
-
Automated Intra-group elimination in accordance with the setup in the group COA
-
Rules and formula-based Consolidation adjustment bookings for remaining adjustments
-
Consolidated data in Any reports with drill-downs to transaction level
+ CURRENCY TRANSLATION MODULE INCLUDES:
-
Setup of currency translation startegies for each account in the Group COA
-
Setup of local currencies for Legal entities
-
Input of historical exchange rates that need to be brought forward
-
Translation of local financial data to the reporting currency at transaction level
-
Automated daily upload of exchange rates
-
Built-in detailed Monthly tracing report for currency translation accuracy review
+ BUDGETING MODULE INCLUDES:
-
Budgeting setup of Budgeting or forecasting versions
-
Detailed budgeting of Profit & Loss statement (by accounts + cost centers, partners if needed)
-
Detailed budgeting of Balance Sheet (by accounts + cost centers, partners if needed)
-
Budgeting of Key values
-
Option to perform Budgeting in the system (flexible budgeting rights) or to import Budget data
-
Input of fixed budget exchange rates
-
Option to view Budgeted data in all reports
-
Commenting variances (vs budgeted data)
Our Clients
Collaborating for Success
Why Use Emfino?
Automated data quality checks
When it comes to corporate finance software, the ability to thoroughly check data for any mistakes or inconsistencies is crucial. Emfino offers built-in custom data validation and import checks to ensure that data is correct, clean and accurate.
A self-service solution
Forget waiting for external administrators to get back to you. Emfino is a simple and efficient self-service solution for streamlined financial processes. You can administer the system yourself, without the need for any extra support (though we’re here when you need us!).
Rapid setup
When you find the perfect business finance solution for your company, you want to get started straight away. Emfino is quick and easy to setup.
No user fees or implementation fees
Unlike its competitors, Emfino doesn’t charge user fees (up to 50 users) or implementation fees.
Advanced consolidation automation
We want you to gain a competitive edge with your financial software. That’s why Emfino gives you the option to eliminate data entries by accounts and dimensions, for maximum automation and efficiency. This efficient data consolidation tool allows you to view consolidated results in any reports.
A focus on data quality and reliable reporting
Many financial services for companies focus on colourful charts, tables, diagrams and interactive elements. At Emfino, we prioritise data quality and reliable reporting, making sure that you have an accurate insight into your finances.
The process owner is the finance department
Often, the process owner of any business financial services is the IT department, which can lead to long delays in waiting for support. With Emfino, the process owner is the finance department, cutting out the extra admin.
Flexible viewing and budgeting rights
With Emfino, it’s really easy to control which of your employees can view and access each section of your finances. Our personalised user management gives you complete control and flexibility when it comes to viewing and budgeting rights.
