Excel works for one entity. When you have 2+ entities, it breaks. BrizoConsol is built for what comes next — IFRS, UK GAAP, and US GAAP compliant out of the box.
Start Free TrialNo credit card required
Legal Disclaimer
This page contains a comparison of BrizoConsol and Microsoft Excel based on publicly available product documentation, support articles, and feature pages as at June 2026. The information is provided for general informational purposes only and is subject to change without notice. BrizoSystem Pte Ltd makes no representations as to the completeness or accuracy of information relating to third-party products and accepts no liability for decisions made on the basis of this comparison. Readers are advised to verify all third-party feature claims directly with the relevant vendor before making any purchasing decision. BrizoConsol and BrizoSystem are trademarks of BrizoSystem Pte Ltd. All third-party product names and trademarks are the property of their respective owners and are referenced solely for identification and comparison purposes.
These are the scenarios where Excel makes sense.
These are the groups BrizoConsol is built to serve.
BrizoConsol detects intercompany balances and eliminates them at close. Excel requires you to build and maintain complex formulas — and hope no one breaks them.
Excel files fragment across email, Dropbox, and laptops. BrizoConsol keeps every entity's data in one place, always up to date.
Finance teams using Excel for group consolidation typically spend 3–7 days per close cycle. BrizoConsol customers report closing in a fraction of that time.
You shouldn't need to be an Excel expert to produce a consolidated P&L. BrizoConsol makes it accessible to the whole finance team.
You don't need to rebuild anything. BrizoConsol imports your existing trial balances from Excel — so you're not starting from scratch.
Upload your existing trial balance spreadsheets. BrizoConsol maps the columns automatically.
Link Xero, QuickBooks, MYOB, or Zoho — or continue importing from Excel if you prefer.
Eliminations run automatically. Your consolidated P&L, balance sheet, and cash flow are ready in hours.
Excel can be used to produce consolidated accounts, but it requires significant manual effort. You need to build and maintain your own elimination formulas, manage version control across multiple files, and manually apply currency translation rates. For groups with 2 or more entities, intercompany transactions, or multiple currencies, this becomes error-prone and time-consuming. BrizoConsol was built specifically to automate the parts of consolidation that Excel does manually.
The core difference is automation and auditability. Excel is a general-purpose spreadsheet tool — it can model almost anything, but the logic must be built and maintained by your team. Consolidation software like BrizoConsol is purpose-built: intercompany eliminations, currency translation, NCI calculations, and accounting standard compliance are all handled automatically. You also get a full audit trail, period locking, and direct integration with your accounting systems.
Yes. BrizoConsol accepts trial balance data in Excel format. You can upload your existing spreadsheets and map the columns to BrizoConsol's chart of accounts. Most teams are up and running within a single working session — no custom implementation or professional services required.
Yes. BrizoConsol supports IFRS, UK GAAP, and US GAAP out of the box. Currency translation uses the correct closing and average rates per standard. NCI calculations, goodwill, and acquisition accounting all follow the relevant standard rules. You can configure the accounting standard per consolidation group.
Most teams complete their first close in BrizoConsol within 30 minutes of importing their data. Because you can upload trial balances directly from Excel, there's no need to re-enter historical data. The more complex your group structure, the more time BrizoConsol saves — particularly on intercompany eliminations and multi-currency translation.
Start your free trial — no credit card required. Connect your entities and see a consolidated P&L in minutes.
Start Free Trial