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Translucent #Multi-Entity

By Translucent-#Multi-Entity
5 out of 5 stars
Free 14 day trial available
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Combine multiple Xeros into one system! Translucent enables multi-entity businesses and groups to combine multiple Xeros into a single system. Workflows like Consolidation and Intercompany enable businesses to operate seamlessly on Xero. Founded by the co-founder of Receipt Bank (Dext).
Rated
5.0
out of 5
Reviewed by
13
Xero users
Try this app
Free 14 day
trial available
Listed for
1 year
May 2023

Overview

Translucent provides you with a series of workflows to combine multiple Xeros into one system. Each workflow can be purchased and used individually, or they can be used together.

  • Consolidation - Our real-time consolidated reporting includes accurate FX and the ability to drill down into the underlying transactions. Get your group P&L, income statement, balance sheet, trial balance, cashflow report and group AP & AR.

  • Intercompany - Our intercompany matrix allows you to spot any imbalances at any time and our intercompany recharging enables you to automate the creation of invoices and journals in Xero to correct any imbalances.

  • Treasury - See your group cash position in one place including the ability to see your cash by entity, by bank, by currency and with the added context of your AP, AR and other incomings and outgoings.

  • Financial Close - Streamline the month-end close, making it faster and more efficient.

And much more!

Translucent #Multi-Entity + Xero

Translucent transforms all your individual Xero entities into a single system of record. The Translucent and Xero integration allows you to make use of advanced workflows, across all your entities, at the same time.

Reviews & ratings

5.0 out of 5 stars
13 Reviews

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Most recent reviews

KY
Kai Yang Tan
Posted 22 Jul 2024
5 out of 5 stars

Great app!

We recently started using Translucent to manage our accounting processes, and it has been a game-changer for our business. Having upwards of 20 entities based on Xero, Translucent provides workflows to combine multiple Xero systems into one cohesive system, making our financial management more streamlined and efficient. The ability to search for transactions across our many entities, coupled with its user-friendly interface makes it indispensable for our team. We also saved countless hours with the Intercompany Matrix when doing up intercompany balance reports across our entities. I highly recommend Translucent to any business with multiple entities looking to enhance their financial operations.
JL
Julia Longo
Posted 22 Jul 2024
5 out of 5 stars

The better app to manage multi entity businesses

As the Group FD of a multi-entity company, I have encountered numerous challenges in managing the financial operations and reporting of the business. I have experimented with different software solutions, but none of them could handle the complexity and diversity of my needs. That is until I came across Translucent. Translucent has been a game-changer for me. It has significantly reduced the time I spend on data entry, consolidation, and reporting, and has helped eliminate errors and discrepancies that previously affected my financial data. Using Translucent has become an essential part of my reporting, and I am excited to explore other functionalities, such as Intercompany and Treasury. Furthermore, the customer service provided is excellent and very responsive.
VP
Veena Parasuraman
Posted 18 Jul 2024
5 out of 5 stars

Efficient and Time-Saving with Great Customer Service!

Translucent has revolutionized how we manage our multi-entity P&L reporting. Its ability to reconcile and manage payables and receivables efficiently at a group level is unmatched. The platform saves me loads of time for our group accounting, making monthly reporting a breeze. On top of that, their customer service is exceptional, always ready to assist with any queries. Super efficient and highly recommended!

Additional info

Shared data

Xero
Translucent #Multi-Entity
Accountsshared from Xero to Translucent #Multi-Entity
Overpaymentsshared from Xero to Translucent #Multi-Entity
Tracking Categoriesshared from Xero to Translucent #Multi-Entity
Tax Ratesshared from Xero to Translucent #Multi-Entity
Prepaymentsshared from Xero to Translucent #Multi-Entity
Paymentsshared from Xero to Translucent #Multi-Entity
Manual Journalsshared from Xero to Translucent #Multi-Entity
Journalsshared from Xero to Translucent #Multi-Entity
Invoicesshared from Xero to Translucent #Multi-Entity
Currenciesshared from Xero to Translucent #Multi-Entity
Credit Notesshared from Xero to Translucent #Multi-Entity
Contactsshared from Xero to Translucent #Multi-Entity
Bank Transfersshared from Xero to Translucent #Multi-Entity
Bank Transactionsshared from Xero to Translucent #Multi-Entity

Functions

ReportingAccountant tools

Industries

Accounting

App details

By Translucent-#Multi-Entity
Added in 2023

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@translucent.app

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14 day free trial available

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.