finadeck
Finadeck is a Helsinki-based cloud platform founded in 2018 that provides AI-powered financial consolidation, BI reporting, budgeting, and IFRS-compliant group reporting to CFO offices of Nordic multi-entity companies, serving 150+ customer groups with twelve accounting and ERP integrations.
- Company typePrivate
- Founded2018
- HeadquartersHelsinki, Finland
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What finadeck does
Finadeck is a Helsinki-based cloud financial management platform founded in 2018 that targets CFO offices and finance teams at group companies, with a primary focus on automated multi-entity consolidation, IFRS reporting, and group financial statement preparation. The platform combines four core product modules — AI-powered consolidation software, AI-assisted BI reporting, budgeting and forecasting software, and sub-modules for fixed asset management, IFRS reporting, and cash flow/investment planning — into a single integrated environment that automates currency translation, minority interest calculations, eliminations, intercompany entries, and disclosures. Underlying capabilities are built around machine learning models trained on financial consolidation and validation tasks, with a real-time anomaly detection layer, AI-assisted report generation, and an AI agent interface, all delivered from AWS data centers in the EU to satisfy DORA and GDPR requirements.
The business operates a hybrid go-to-market combining a demo-led enterprise sales motion (Calendly booking) with a freemium trial path, distributing software as a direct SaaS subscription through its website with Finnish and English-language versions. The company reports 150+ customer groups and 1,500+ active users and maintains a 4.5/5 Trustpilot rating, with named customers spanning energy/utilities (Haminan Energia, Lempäälän Lämpö, Loviisan Lämpö), financial services (Söderberg & Partners), software (HappySignals, Roadscanners, Netum), retail (Gigantti), and investment (Hartwall Capital, Vauraus). Twelve integrations — including global platforms (QuickBooks, Xero, NetSuite, Excel, Google Sheets) and Nordic-specialized systems (Netvisor, Procountor, Visma L7, Visma Fivaldi, Fennoa, Maraplan, Restolution) — anchor the platform within customer finance stacks. Operating constraints are visible: headcount is reported at 1-10 employees, only a single 2018 seed round from Gorilla Ventures Oy is disclosed, and no revenue or ARR figure is publicly available.
finadeck firmographics
Firmographics- Name
- finadeck
- Legal name
- Finadeck
- Website
- https://finadeck.fi
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Finadeck is a Helsinki-based cloud platform founded in 2018 that provides AI-powered financial consolidation, BI reporting, budgeting, and IFRS-compliant group reporting to CFO offices of Nordic multi-entity companies, serving 150+ customer groups with twelve accounting and ERP integrations.
- Ownership category
- akta.pro rank
Where finadeck is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Markets served
finadeck business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Subscription: Cloud-based software subscription model providing access to consolidation, BI reporting, budgeting, and forecasting tools. Subscription likely tiered by company size or module usage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free trial available |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
finadeck product offering
Product offeringCore offering
Finadeck provides an AI-powered cloud-based platform for automated group financial consolidation, BI reporting, budgeting, and forecasting. The platform automates complex workflows including eliminations, currency translation, minority interest calculations, and IFRS 18-compliant financial statement preparation for multi-entity group companies. Data is hosted on AWS EU infrastructure to support DORA and GDPR compliance.
Product overview
Finadeck is a unified Enterprise-level platform that combines consolidation software, BI reporting software, budgeting software, and forecasting software into a single integrated solution. The core platform provides AI-powered consolidation that automates currency conversions, minority interest calculations, and consolidated financial statements, alongside AI-assisted BI reporting with real-time dashboards and insights. Budget and forecast software enables scalable financial planning with customizable input templates. Additional modules include fixed asset management, IFRS reporting, and cash flow/investment planning tools. All modules share a common data architecture enabling seamless data flow across consolidation, reporting, and planning workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- AI-Powered Consolidation Software Automates complex financial workflows including report creation, data matching, validation, currency conversions, minority interest calculations, and consolidated financial statement preparation. Combines data from multiple sources with automated matching and validation. Designed for finance teams of multi-entity group companies.
- AI-Assisted BI Reporting Software AI-powered business intelligence reporting software with real-time dashboards and AI-based insights. Enables data-driven decisions with comprehensive reporting capabilities for finance and management teams.
- Budget and Forecast Software AI-powered budgeting and forecasting software that scales financial planning. Allows creation of custom budget input templates, assignment of budget owners for data entry, and definition of calculation formulas for budget computation. Designed for finance teams needing scalable planning workflows.
Quantifiable outcome
- Group financial statement preparation time reduced from days to hours
- +1 more outcomes
Companies that use finadeck
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles1 record
finadeck technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability5 records
Feature8 records
finadeck partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- QuickBookscoreAccounting software integration allowing financial data import from QuickBooks into Finadeck for consolidation and reporting purposes.
- XerocoreAccounting software integration enabling data connectivity from Xero into Finadeck's consolidation platform.
- NetSuitecoreOracle NetSuite ERP integration for comprehensive financial data import and consolidation workflow support.
- NetvisorcoreFinnish accounting software integration (Netvisor) for local market financial data connectivity.
- ProcountorcoreFinnish accounting software integration (Procountor) for regional market data import capabilities.
- Visma L7coreVisma ERP integration (L7) for Nordic market financial data connectivity.
- Microsoft ExcelcoreExcel integration enabling data import/export and compatibility with widely-used spreadsheet tool for financial analysis.
- Visma FivaldicoreVisma Fivaldi accounting software integration for Finnish market financial data connectivity.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
finadeck competitors and assessment
Company assessmentDirect peers
- Prophix Software: EPM/CPM vendor offering financial consolidation, budgeting, reporting, and forecasting for mid-market — comparable to Finadeck's integrated consolidation + BI + budgeting suite.
- CCH Tagetik (Wolters Kluwer): Wolters Kluwer's CPM/EPM platform focused on financial consolidation, group reporting, and IFRS compliance — the closest direct enterprise competitor to Finadeck's consolidation + IFRS 18 positioning.
- Vena Solutions: Cloud-native FP&A and financial consolidation platform with native Excel integration, targeting mid-market and enterprise finance teams — overlapping with Finadeck's budgeting/forecasting and Excel-integration capabilities.
- OneStream Software: US-based EPM/CPM platform offering financial close, consolidation, reporting, budgeting, and forecasting — directly overlapping with Finadeck's core consolidation, BI reporting, and budgeting suite for multi-entity groups.
- Board International: Unified CPM/EPM platform covering budgeting, planning, consolidation, reporting, and analytics — competes with Finadeck in the European mid-market consolidation and BI reporting category.
Regional players
- Lucanet: German-headquartered EPM/CPM platform with strong DACH/Nordic presence in financial close, consolidation, and statutory reporting — a key regional competitor for the same Nordic and DACH group-consolidation accounts Finadeck targets.
Broad incumbents
- Workday Adaptive Planning: Cloud-native planning, budgeting, and forecasting suite within Workday's broader ERP/finance stack — overlaps with Finadeck's budgeting and forecasting modules for CFO offices.
- Oracle EPM (Hyperion): Oracle's enterprise EPM suite covering consolidation, planning, and financial close — a broad incumbent that Finadeck must displace or coexist with in larger enterprise accounts.
- SAP Group Reporting (SAP BPC / SAP S/4HANA Group Reporting): SAP's enterprise consolidation and group reporting capabilities within S/4HANA finance — a broad incumbent competing for the same multi-entity consolidation, IFRS reporting, and planning workloads at large enterprises.
Emerging players
- Accountfy: Cloud-based financial consolidation and reporting platform — a smaller, emerging competitor in a comparable niche (multi-entity consolidation/financial reporting) but operating in a different geography than Finadeck's Nordic base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
finadeck social profiles
Digital presencefinadeck compliance and trust
Trust signalCompliance2 records
finadeck financial estimates
Financial estimateRevenue estimate
Valuation estimate
finadeck leadership team
Management profileNumber of profiles
finadeck funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
finadeck M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about finadeck
What does finadeck do?
Finadeck provides an AI-powered cloud-based platform for automated group financial consolidation, BI reporting, budgeting, and forecasting. The platform automates complex workflows including eliminations, currency translation, minority interest calculations, and IFRS 18-compliant financial statement preparation for multi-entity group companies. Data is hosted on AWS EU infrastructure to support DORA and GDPR compliance.
Is finadeck a public or private company?
finadeck is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was finadeck founded?
finadeck was founded in 2018. It employs 1 to 10 people.
Where is finadeck based?
finadeck is headquartered in Helsinki, Finland, in the Europe region.
How does finadeck make money?
One revenue line is on record: saaS Subscription.
Who are finadeck's main competitors?
Direct peers on record are Prophix Software, CCH Tagetik (Wolters Kluwer), Vena Solutions, OneStream Software and Board International. Lucanet is listed as a regional player. Broad incumbents are Workday Adaptive Planning, Oracle EPM (Hyperion) and SAP Group Reporting (SAP BPC / SAP S/4HANA Group Reporting). Accountfy is listed as an emerging player.
Does finadeck have an API?
Yes. finadeck exposes a public API. Developer documentation is at docs.finadeck.fi/#/manual/businesses/settings/company?id=integraatiot.