Corvenia Reviews & Product Details

Corvenia solves the problem facing multi-entity groups: financial control that is too slow to implement with traditional CPM tools and too complex to sustain with spreadsheets. Where legacy consolidation systems require 6–12 months to deploy and ongoing IT projects to maintain, Corvenia goes live in hours. AI automates the heavy lifting of account mapping, currency conversion, intercompany eliminations, always with human approval. The platform adapts automatically as entities are added or restructured, eliminating the recurring cost of change management. The result: CEOs, CFOs, controllers, and management teams get reliable, always-current financial visibility across the group without launching an internal IT project to get there. Customers report up to 95% reduction in consolidation effort. Corvenia connects directly to existing ERP systems — including Tripletex, Fortnox, Visma Net, Xledger, PowerOffice, Fiken, and BusinessNxt — without requiring ERP replacement or standardization. Core features include: - multi-entity financial consolidation, - automated intercompany elimination - AI-assisted chart of accounts mapping - and a unified virtual ledger that ingests data continuously rather than in monthly batches. CFOs and finance teams get: - consolidated P&L, Balance Sheet, Cash Flow, and Trial Balance reports, - KPI dashboards with full drill-down to underlying transactions, - and flexible data access via Excel, Power BI, or API. Role-based access controls, full audit trails, and European data residency on Microsoft Azure are built in. Corvenia is a Norwegian financial technology company founded by repeat entrepreneurs previously behind Simplifai, an enterprise AI platform scaled across European banks and insurers. Headquartered in Oslo, Corvenia builds financial control software for multi-entity groups: private equity portfolios, family offices, real estate groups, and multi-entity operating companies. The platform is live with customers across Scandinavia.