Key Features

Hierarchy Controller

TracFCM empowers the finance managers to design the organization structure required for consolidation process. Multiple levels of hierarchy can be defined in a Tree structure with companies, divisions, subsidiaries and joint ventures linked to each other in a parent child relationship. This grouping in the tree structure specifies which company is the holding company and which is the subsidiary within the relationship. You can have most complex structures using the hierarchy controller with multiple holding companies and its subsidiaries, divisions, Business units and joint ventures being linked to the topmost holding company. The beautiful feature of the Hierarchy Controller is that you can make additions of companies and activate the newly added companies for consolidation in no time. Similarly, you can also remove the companies from the structure and modify the company details. TracFCM has no restriction on the definition of hierarchy structure no matter how complex it may be.

User Access Control

TracFCM is a role based software which allows you to give the User access and rights based on their roles/ tasks assigned. For example: The user at subsidiary can be given the access to only upload the Trial Balance and the User at the head quarter will have the access and rights to entire modules of the software to enable them complete close process and reporting.


Once the numbers are confirmed to disclose for a particular period, the data for the specific period is locked so that there are no further changes are made by anyone unless permitted by administration in the workflow process.

Multi-Currency Management

Manage your business with confidence, whether you need to automate conversions for transactions or need to report in multiple currencies across the globe. TracFCM allows you to generate reporting in base currency or the entity's local currency. TracFCM manages and automates multiple currencies to save your time and increase accuracy. TracFCM utilizes up-to-date exchange rates to create currency conversions and revaluations. It also gives you quick information on currency gains and losses.

Automatic Trial Balances import from your SAP/ CBS/ FA/ other ERP system

In case the Users do not want to manually upload the Trial Balances in TracFCM, they can also make the best use of importing the TB from ERP/ FA system into TracFCM through an interface. For SAP clients TracFCM has built in RFC extractor which can extract the data using RFC's & BAPIS.

This import of TB not only fastens the close time but also gives data accuracy for close and operational analysis. We also give the users to verify the imported Trial Balance for its correctness and if the TB data doesn't seem to be accurate then we give the option to remove the uploaded Trial balance from TracFCM.

Chart of Accounts

Share common charts of accounts (COAs) or use a distinct COA structure for each entity.

Export and Email of Reports

Reports can be exported to Excel/ PDF/ CSV's and also emailed to the internal and external users.

Notes to Accounts

Notes to Accounts has always been biggest challenge for finance executives. TracFCM has a unique feature that allows the users to add textual notes while the figures get automatically fetched from previous financial year or current financial year reports. The Users can manually enter the text or copy from any document and paste it in the Notes section or the users can also import the entire word document in the notes section and make the notes play to your tunes.