Consola is a cloud‑based finance platform that automates accrual accounting tasks such as recurring accrual entries, prepaid expense amortization, and deferred revenue schedules. By defining rules once, the system generates journal entries, maintains an audit‑ready trail, and syncs adjustments in real time with existing ERP or accounting software, supporting both fiat and stable‑coin transactions for crypto‑native businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often manage accruals, deferrals, prepaid expenses, and revenue recognition manually using spreadsheets, leading to errors, time‑consuming data entry, and compliance risks.
Solution
Consola provides a cloud‑based finance platform that automates accrual accounting processes, including recurring accrual entries, prepaid expense amortization, and deferred revenue schedules. Users define rules once, and the system generates the necessary journal entries, maintains an audit‑ready trail, and syncs adjustments in real time with existing ERP or accounting software. The platform delivers continuous, up‑to‑date financial reporting and compliance documentation, reducing manual effort and the likelihood of human error. It supports both fiat and stable‑coin transactions, enabling crypto‑native companies to manage payroll, supplier payments, and cross‑currency settlements within the same workflow. By integrating with popular ERP systems, Consola ensures that automated entries are reflected across the organization’s financial stack without duplicate data entry.
Target Audience
Primary users are finance leaders—CFOs, COOs, and founders—of SaaS, e‑commerce, Web3, healthcare, and other mid‑size enterprises that need accurate, automated accrual accounting and integrated spend management.
Features
- Rule‑based automation for recurring accruals, prepaid expense amortization, and deferred revenue recognition
- Real‑time financial reporting with instant visibility into true financial position
- Comprehensive audit trail that logs every adjustment for compliance purposes
- Seamless ERP integration to synchronize automated entries with existing accounting systems
- Support for both fiat and stable‑coin payments, including batch processing and wallet‑address verification
- Cross‑currency transaction handling with built‑in crypto payroll and supplier payment workflows
- Dashboard for CFOs, COOs, and founders to monitor spend, compliance, and financial health