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Profitbase Consolidation
Malmö, Sweden
What it is
Profitbase Consolidation is web-based software for period closing and group reporting. Its reconciliation engine connects to source systems and flags exceptions in real time; Hypergene says this can reduce monthly closing time by over 50%. Users can add or remove companies and create versions of a group hierarchy, with dimensions copied automatically. Reports and trial balances are available for a group or an individual company, with voucher-level drill-down and functional, transaction, and reporting currencies displayed side by side.
Additional modules cover acquisitions, eliminations, manual entries, and intercompany differences. The acquisitions module provides details such as ownership, currency, acquisition cost, goodwill, and depreciation. Eliminations can be generated automatically from counterparty codes or accounts. Listed capabilities include multi-entity and multi-currency consolidation, audit trails, cash visibility, liquidity planning, payment workflows, investment and debt management, and financial risk tools. Pricing is available on request. Hypergene says it can provide solutions with data storage and processing in Sweden and describes the product as suited to commercial organizations seeking business control.
For and against
For
- Flags reconciliation exceptions in real time.
- Creates group hierarchy versions with copied dimensions.
- Drills from reports to voucher details.
- Supports multi-currency consolidation and audit trails.
Against
- Pricing is available only on request.
- The product is listed for web access.
The verdict
Profitbase Consolidation brings period close, group reporting, and related finance capabilities into one web product. Its pricing and configuration require an inquiry to Hypergene.
Who it suits
It is aimed at commercial organizations managing group reporting and period close across multiple entities. Its listed treasury and financial-risk capabilities may also suit teams handling liquidity, payments, investments, and debt.
Plans and prices
Hypergene Profitbase
Tailored options and prices available by request
Read 30 Sep 2026 · hypergene.com
On the record
- Acquisitions
- The acquisitions module gives an overview of group entities, including ownership, currency, acquisition cost, goodwill, and depreciation.hypergene.com · read 30 Sep 2026
- Closing
- The vendor says its reconciliation engine connects to source systems, flags exceptions in real time, and can reduce monthly closing time by over 50%.hypergene.com · read 30 Sep 2026
- Company
- Hypergene describes itself as a Swedish SaaS company with 600+ Nordic customers and 250+ employees.hypergene.com · read 30 Sep 2026
- Data location
- Hypergene says it offers solutions where all data storage and processing take place in Sweden.hypergene.com · read 30 Sep 2026
- Eliminations
- The eliminations module can create automatic eliminations based on counterparty codes or accounts.hypergene.com · read 30 Sep 2026
- Extra modules
- Acquisitions, eliminations, manual entries, and intercompany differences are listed as extra modules.hypergene.com · read 30 Sep 2026
- Group reports
- Reports and trial balances can be viewed for the group or individual companies, with drill-down to voucher details and functional, transaction, and reporting currencies shown side by side.hypergene.com · read 30 Sep 2026
- Group structure
- Users can add or remove companies and create a new version of the group hierarchy with dimensions copied automatically.hypergene.com · read 30 Sep 2026
- Integrations
- The product page says the reconciliation engine connects directly to source systems, but does not name specific integrations.hypergene.com · read 30 Sep 2026
- Intended users
- Hypergene Profitbase is described as being for commercial organizations seeking strong business control.hypergene.com · read 30 Sep 2026
- Purpose
- Profitbase Consolidation supports period closing and group reporting.hypergene.com · read 30 Sep 2026
- Security
- Hypergene says it has been ISO 27001 certified since 2020, with annual independent audits and regular penetration tests.hypergene.com · read 30 Sep 2026
- Support
- Hypergene describes customer success managers as proactive and its support team as providing knowledgeable, prompt help.hypergene.com · read 30 Sep 2026
