Finoko features

Features of Finoko web service, mobile application and ETL system

What our software can do for you

Budgeting and Forecasting Software for Management Accounting — Finoko

Finoko is budgeting and forecasting software for finance teams that need a single, controlled environment for management accounting. It can be deployed on-premise or used as a secure web application to consolidate financial data from different software, countries, and entities into one reporting system.

Finoko supports the full FP&A cycle: KPI management, planning, plan vs actual and variance analysis, multi-entity comparison, departmental control, payment approvals, and multi-level budgets (P&L, cash flow, departmental and consolidated reporting).

Integrations and consolidation

Finoko consolidates information across business areas and entities and can exchange data with multiple software classes, including accounting systems, hotel PMS (Fidelio, Opera, Libra), restaurant systems (Micros, iiko, R-Keeper), and manufacturing ERP.

Scenario planning and driver-based forecasting

Planning is scenario-based (e.g., annual vs operational budgets) for both companies and legal entities.
Financial modeling supports automation with Excel-loaded planned data and driver-based recalculation, helping teams reforecast quickly when assumptions change.

Flexible reporting and comparisons

Reports can be built by day, week, month, quarter, or year, with comparisons like actual vs plan, current forecast vs plan, YoY monthly comparison, department-to-department comparison, and YTD vs prior year.

How Finoko fits different industries

Hotels and hotel groups

Hotels typically need tight alignment between operational drivers (occupancy, ADR, RevPAR, segment mix) and financial outcomes (department P&Ls, undistributed costs, GOP). Finoko’s budgeting and forecasting workflow works well for:

• Property-to-property comparability: consistent KPI and reporting logic across multiple hotels and regions.
• Department-level control: monitor revenues and expenses by units (Rooms, F&B, Spa, Events, etc.) and analyze variances early.
• Automated data collection from PMS / accounting: reduce manual consolidation and speed up month-end reporting.

Restaurants and restaurant chains

Restaurants often operate with thin margins, high frequency transactions, and constant changes in menu mix and costs. Finoko supports:

• Unit economics and mini-P&Ls: track performance by location, concept, or business unit; compare stores and regions consistently.
• Cost control by department and category: keep labor, COGS, delivery fees, and promotions visible in plan vs actual analysis.
• POS/restaurant system integration to reduce Excel consolidation and improve reporting cadence.

Manufacturing

Manufacturing finance teams typically need planning that is tied to volumes, production plans, material costs, and capacity constraints. Finoko helps by:

• Forecasting through operational drivers (volumes, yield, scrap, energy costs, labor rates) and quickly recalculating budgets when inputs change.
• Multi-entity and multi-site reporting: compare plants, product lines, regions, or legal entities in one logic.
• ERP integration for faster consolidation and fewer manual reconciliations.

Construction and project-based businesses

Construction requires strong control over cash flow timing, approvals, and project budgets that evolve with scope and schedule. Finoko is a good fit when you need:

• Project and CAPEX budgeting structured into multi-level budgets with consolidated rollups (company → project → phase → cost item).
• Cash-flow planning with a clear approval workflow for payments and a payment calendar to manage liquidity and vendor schedules.
• Scenario planning (baseline vs revised plan vs stress scenario) to reflect schedule shifts, price changes, or contract amendments.

Retail and multi-location operations

For retail, the core challenge is scaling consistent reporting across many locations while keeping control of margins, payroll, and inventory-related costs. Finoko supports:

Budget versions and rolling forecasts to adapt to seasonality and demand shifts.

Chain-wide KPI governance with location comparisons and fast exception detection.

Plan vs actual at multiple levels (store, region, category, department) with flexible reporting periods.