Finance

Monthly consolidation and trial balance comparison

AI consolidates trial balances across entities and summarizes monthly differences by G/L account and expense group to speed up close and reporting work.

Why the human is still essential here

Finance still defines the charting, reviews anomalies, validates outputs against source data, and decides what the differences mean for the business.

How people use this

Multi-entity close consolidation

Finance teams use AI-enabled close software to pull entity trial balances into one view and flag unusual account movements before the monthly close review.

BlackLine / NetSuite

Variance commentary draft in Excel

An FP&A team centralizes entity-level exports and uses AI to summarize month-over-month G/L variances by department and expense group for reviewer sign-off.

Datarails / Excel

Account mapping and anomaly scan

Controllers use spreadsheet AI assistance to compare current and prior trial balances, surface mapping breaks, and highlight unexpected swings for investigation.

Microsoft Copilot for Excel

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Personal Story
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The AI hype is real.

The AI hype is real. It's also incredibly useful, ๐˜ช๐˜ง you know where to apply it. I think the problem for a lot of people is that the practical examples of how AI can actually help, and how it makes you more efficient, are missing.

Here's my honest take, from a finance seat in a scale-up.

So I thought I'd share some real examples of how I use AI, as the CFO of Orbisk | Zero Food Waste.


In the scale-up phase we're in, capital isn't usually spent on big finance teams. But then all the finance topics still need to be covered:


Monthly reporting, updated rolling forecasts, annual statements, ad hoc analysis whenever the business asks for it.


With a small team, that can become overwhelming.


And it leads to something I want to avoid: only doing the "producing" part of the job, instead of the strategic part, giving guidance and direction to the company.


This is exactly where AI can add value. Because a lot of that producing part can be done with AI.


Some practical examples I've automated, that save me a lot of time:


1๏ธโƒฃ ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—ฐ๐—ผ๐—ป๐˜€๐—ผ๐—น๐—ถ๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป & ๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐—•๐—ฎ๐—น๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ฟ๐—ถ๐˜€๐—ผ๐—ป

Consolidates the trial balances of all entities and summarises the differences per month, per G/L account and expense group


2๏ธโƒฃ ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ผ๐˜€๐—ฒ๐—ฑ ๐—ฎ๐—ฐ๐—ฐ๐—ฟ๐˜‚๐—ฎ๐—น๐˜€ ๐—ฏ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ผ๐—ป ๐—น๐—ฎ๐˜€๐˜ ๐Ÿฏ ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€ ๐—ผ๐—ณ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€

Spots which vendor invoices are still missing on day 1 of the month, based on last month's pattern, including the average amount


3๏ธโƒฃ ๐—ฅ๐—ผ๐—น๐—น๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—บ๐˜† ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น

Automatically drags forward all formulas from the last forecasting month to the actual month at month-end


4๏ธโƒฃ ๐—•๐—ฎ๐—น๐—ฎ๐—ป๐—ฐ๐—ฒ ๐˜€๐—ต๐—ฒ๐—ฒ๐˜ & ๐—ฐ๐—ฎ๐˜€๐—ต๐—ณ๐—น๐—ผ๐˜„ ๐˜€๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป

Based on the trial balances in our ERP, it builds the consolidated balance and cashflow statement automatically, including management corrections and a forecast based on the drivers we've discussed


5๏ธโƒฃ ๐—”๐˜‚๐˜๐—ผ๐—บ๐—ฎ๐˜๐—ถ๐—ฐ, ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—›๐—ง๐— ๐—Ÿ ๐—บ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ป๐—ด ๐—ฝ๐—ฎ๐—ฐ๐—ธ๐—ฎ๐—ด๐—ฒ

Built from an auto-generated input Excel, it creates a dashboard and in- and external reporting where I only manually add comments and observations


All of these used to be repetitive, boring, producing work.


I already hear some finance people say: nice story, but are the numbers correct?


Yes. If you build in testing, let AI crosscheck what it produces, and make sure it's always tied back to your source data.


The only catch: you have to invest the time to make it to work. Spend one hour on it and it won't work. Put in the time properly, and it pays you back many times over.


โ†ณ Where in your finance function is AI actually saving you real hours?

TC
Teun CastelijnsCFO at Orbisk | Zero Food Waste
Aug 5, 2026