Run three companies in three currencies and still close on one calendar.
Growing companies rarely stay single-entity or single-currency for long, and that is usually when the spreadsheet-based finance stack breaks. TrackElan’s document model carries transaction currency and functional currency on every line from day one, so adding a second company or a foreign subsidiary does not require re-architecting the chart of accounts.
Each license already includes up to three companies, and period-end revaluation, intercompany elimination, and consolidated reporting are native functions — not a separate consolidation product bolted on later.
Add a second or third company without a re-implementation project
Close a multi-currency group on the same calendar as a single-entity company
Get consolidated reporting without exporting every entity to Excel and stitching it by hand
Avoid the SAP BPC / Oracle FCCS-style consolidation SKU entirely — it is included
Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.
| Capability | TrackElan | SAP | Oracle | Spreadsheets / Legacy |
|---|---|---|---|---|
| Native financials in the base license | Extra module/SKU | Extra module/SKU | ||
| Reporting & pivots included | Separate BI license | Separate BI license | Manual only | |
| Typical go-live | 2–4 weeks | 9–12+ months | 8–10+ months | N/A |
| Implementation partner required | ||||
| Data stays reconciled automatically |