Finance

Manual financial processes and disconnected data are creating costly errors and compliance exposure.

Finance departments at growing companies and established financial services firms face the same core problem: critical financial processes — reporting, reconciliation, compliance monitoring, and risk assessment — rely too heavily on manual steps, spreadsheet workarounds, and point solutions that don't share data reliably. The result is slow reporting cycles, unexplained variances, and regulatory submissions that require heroic effort from the finance team. Kiloctet builds financial management software that automates the routine, integrates the disconnected, and gives leadership the real-time financial visibility they need to run the business confidently.

Technologies & platforms we use

AWS
PostgreSQL
Python
React
Plaid
Stripe
What we build

Finance software solutions we provide

01

Financial Reporting and Consolidation Platform

A platform that aggregates financial data from multiple ERP systems, accounting software, and data sources, consolidates it according to your chart of accounts and reporting structure, and produces management accounts, statutory reporting packages, and board reports on a defined schedule. Currency translation, intercompany eliminations, and allocation rules are configured once and applied automatically each period. Variance analysis tools compare actuals against budget and prior periods with drill-down capability to the transaction level.

02

Automated Reconciliation Engine

A rule-based reconciliation platform that automatically matches transactions between bank statements, general ledger entries, accounts payable and receivable records, and third-party payment processor data. Exceptions — unmatched items or items exceeding configured tolerance thresholds — are surfaced to the finance team for investigation and resolution. Month-end close timelines shrink dramatically when reconciliations that took days of manual work are completed automatically in hours.

03

Treasury and Cash Management System

A platform for corporate treasury teams managing cash positions, intercompany loans, FX exposure, short-term investment placements, and bank relationship data across multiple entities and currencies. Daily cash reporting is automated through bank account API integrations, giving treasury managers an accurate real-time view of global liquidity. FX risk management tools calculate net exposure by currency and support hedging decision analysis.

04

Financial Risk and Compliance Monitoring Platform

A platform that monitors financial transactions and positions against risk limits, regulatory thresholds, and internal policy rules, generating alerts when exposures approach or breach defined boundaries. Compliance reporting — regulatory capital calculations, liquidity coverage ratios, large exposure limits — is automated based on transaction data flowing through the platform. Audit trails capture every alert, investigation, and resolution for regulatory inspection readiness.

05

Budgeting, Forecasting, and FP&A Platform

A collaborative planning platform that replaces Excel-based budget processes with a structured workflow where business unit managers submit budgets, finance reviews and consolidates them, and leadership approves the final plan. Driver-based forecasting models update projections automatically as actual data arrives, reducing the manual effort of re-forecasting each period. Scenario modeling tools let finance teams run best-case, base-case, and stress scenarios quickly to support strategic planning discussions.

Product types

Types of custom finance software we develop

Financial Reporting and Consolidation Platform

Aggregates multi-entity financial data and automates production of management accounts, statutory reports, and board packs.

Automated Reconciliation Tool

Rule-based engine that matches transactions across bank, GL, and payment processor records, surfacing exceptions for review.

Treasury Management System

Manages cash positions, intercompany lending, FX exposure, and bank relationships across multiple entities and currencies.

Financial Risk Monitoring Platform

Monitors positions and transactions against risk limits and regulatory thresholds with automated alerting and audit trails.

Budgeting and Forecasting (FP&A) Tool

Collaborative planning platform replacing Excel budget processes with structured workflow and driver-based forecasting models.

Accounts Payable Automation System

Automates invoice capture, approval workflows, and payment scheduling to reduce manual AP processing costs.

Financial Data Warehouse and Analytics Platform

Centralized financial data repository powering self-service reporting and executive dashboards across the organization.

Regulatory Reporting Automation Tool

Automates generation of required regulatory submissions including capital adequacy, liquidity, and large exposure reports.

Why bespoke

Benefits of building bespoke solutions

01

Faster Month-End Close

Automated reconciliation, integrated data feeds, and structured consolidation workflows reduce the time required to close the books from weeks to days. Finance teams spend less time chasing down data and resolving manual errors, and more time on analysis and commentary that adds genuine business value. Faster close cycles mean leadership receives financial information sooner, enabling more timely decisions during the period that follows.

02

Reduced Financial Reporting Errors

Manual financial processes are inherently error-prone — transcription mistakes, formula errors in spreadsheets, and inconsistent data definitions across business units all contribute to variances that consume analyst time to investigate. Automated data pipelines and structured validation rules catch errors at the point of entry rather than at the end of the reporting cycle. Organizations that have automated financial data flows consistently report a significant reduction in restatements and audit adjustments.

03

Real-Time Financial Visibility for Leadership

Executive dashboards connected to live financial data give CFOs and business unit leaders an accurate picture of revenue, costs, cash, and key metrics without waiting for the monthly reporting pack. Real-time visibility enables proactive management responses to emerging financial trends rather than reactive responses to historical data. This is particularly valuable during periods of rapid growth or market uncertainty when financial conditions can change quickly.

04

Stronger Regulatory Compliance and Audit Readiness

Financial software that maintains comprehensive audit trails, enforces segregation of duties, and automates regulatory calculations dramatically reduces the risk of compliance failures and regulatory penalties. When auditors request supporting documentation, the evidence is retrieved from system logs in minutes rather than assembled from email trails and spreadsheets over days. Organizations with digital financial records also complete audits faster and at lower cost than those relying on paper-based documentation.

05

Improved Forecasting Accuracy and Planning Quality

Driver-based forecasting models connected to live operational data — sales pipeline, headcount, production volumes — produce forecasts that are more accurate and update more frequently than spreadsheet-based processes allow. Better forecasts enable more confident resource allocation, debt management, and investment decisions. Finance teams freed from mechanical forecasting work can spend more time on scenario analysis and strategic planning support that directly influences business outcomes.

Who benefits

Which finance businesses benefit from custom software

Corporate Finance and CFO Offices

Finance departments at mid-market and enterprise companies managing financial reporting, planning, and treasury functions.

Financial Services Holding Companies

Groups managing multiple regulated financial entities requiring consolidated reporting and intragroup transaction management.

Private Equity and Investment Management Firms

Investment managers requiring portfolio company financial monitoring, fund accounting, and investor reporting platforms.

Family Offices and Wealth Management Firms

Multi-asset investment offices requiring consolidated portfolio reporting, performance attribution, and client statement generation.

Accounting and Advisory Firms

Accounting practices building client-facing financial reporting and analytics tools for their business advisory services.

CFO-as-a-Service Providers

Outsourced finance function providers building scalable platforms to serve multiple client companies from a single infrastructure.

Treasury and Cash Management Departments

Corporate treasury teams at multinational companies managing liquidity, FX risk, and banking relationships across multiple jurisdictions.

Finance Function Technology Teams

Internal technology teams within finance departments building or integrating tools to automate and modernize financial processes.

How we build it

Services we use to build finance software

Common questions

FAQ

Yes. We build integration layers connecting financial management platforms with widely used ERP and accounting systems including SAP, Oracle Financials, Microsoft Dynamics 365, NetSuite, Sage, and QuickBooks, using their official APIs or certified integration middleware. For older systems without APIs, we design secure file-based integration pipelines using SFTP or database connectors. Integration testing is always conducted in a staging environment against realistic transaction volumes before connecting to production systems. We document all integration points and data mappings thoroughly to support future maintenance and audit requirements.
Financial data requires the highest levels of data security — encryption at rest using AES-256, encryption in transit using TLS 1.3, strict role-based access controls, multi-factor authentication, and comprehensive audit logging of all data access and modification events. We follow the principle of least privilege, ensuring each user role has access only to the data and functions they need. Penetration testing is conducted before production deployment and periodically thereafter. Data residency options are available for organizations with requirements to keep financial data within specific geographic jurisdictions.
Yes. Multi-entity consolidation with configurable intercompany elimination rules, minority interest calculations, and currency translation at defined exchange rates is a standard feature of the financial reporting platforms we build. The consolidation engine can handle both simple holding structures and complex group structures with partial ownership, dormant entities, and different reporting periods at entity level. Currency translation methods — closing rate, average rate, or historical rate for different account types — are configured per your accounting policy. The platform maintains a full audit trail of every consolidation adjustment.
Data migration from existing financial systems requires careful planning to ensure historical data accuracy and completeness, especially for systems with years of transaction history. We begin with a data mapping and quality assessment — comparing source system exports against expected structures and identifying data quality issues that need remediation before migration. Migration is always conducted in a test environment first, with reconciliation reports comparing source and target system balances at multiple levels. Migration scripts are version-controlled and documented so the migration can be repeated reliably if needed. We recommend a parallel-running period where both old and new systems produce reports before decommissioning the old system.
Financial period-end events — month-end close, quarter-end reporting, year-end statutory accounts — are critical processes where any system failure has significant business impact. Our maintenance plans for finance clients include heightened support coverage during period-end windows, proactive monitoring of data pipeline health, and rapid response SLAs for any issues affecting financial reporting integrity. We also manage updates to integrated third-party systems (accounting APIs, FX rate feeds, bank connectors) and security patches. Annual regulatory reporting requirement changes that affect the software are handled as part of the maintenance scope.

Ready to give your finance team the tools to close faster and report with confidence?

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