Streamlining Multi-Entity Financial Reporting: How OnMetrix Enhances Xero with Consolidated Power BI Dashboards

Managing the finances of multiple entities within Xero can quickly become a logistical nightmare. While Xero is a leading choice for SMEs, its core strength lies in simplicity - not in consolidating data across numerous business units. For finance teams responsible for group-level reporting, the challenges of reconciling accounts manually and compiling spreadsheets from disparate sources can be both time-consuming and error-prone.

This is exactly where OnMetrix Analytics steps in, offering a seamless solution to one of Xero’s most pressing limitations: multi-entity financial reporting. By integrating live with Power BI, OnMetrix Analytics gives finance teams the clarity, accuracy, and control they need to report across multiple entities with confidence and ease.

The Challenge with Multi-Entity Reporting in Xero

While Xero supports managing individual organisations well, it does not provide native support for consolidated reporting.

This poses significant issues when:

• You operate multiple limited companies or business units under a parent group.

• You need group-level P&L, balance sheet, or cash flow reports.

• You require intercompany eliminations or consolidated views for board reporting.

Finance professionals often resort to manual workarounds, such as exporting trial balances into Excel, building bespoke consolidation sheets, and repeating the process monthly. These methods introduce unnecessary complexity and heighten the risk of data integrity issues, missed eliminations, or late reports.

Introducing OnMetrix Analytics: A Seamless Multi-Entity Reporting Solution

OnMetrix Analytics eliminates the inefficiencies and risks of manual consolidation by directly integrating Xero’s API with Power BI, providing real-time visibility into your entire group’s performance.

With OnMetrix Analytics, you get:

• A live connection to all your Xero organisations.

• Automated consolidation of financial data across entities.

• A fully customisable suite of Power BI dashboards tailored to finance teams.

Whether you’re managing two companies or twenty, OnMetrix Analytics structures and synchronises your financial data in real-time - enabling you to focus on analysis and action, not admin.

Key Features of OnMetrix Analytics for Multi-Entity Reporting

🔹 Real-Time Consolidation

All financial data from your Xero entities flows into a unified model within Power BI. The dashboards update dynamically, giving you instant access to accurate group-level views.

🔹 Customisable Dashboards

From P&L by entity to combined cash flow forecasts, you can slice and dice data across multiple companies, cost centres, or currencies. Dashboards are tailored to your exact needs and roles.

🔹 Intercompany Visibility

See and reconcile intercompany transactions in one place. Eliminate duplication, manage eliminations, and ensure your group accounts are accurate and consistent.

🔹 Multi-Currency Support

If your entities operate in different currencies, OnMetrix Analytics enables consolidated reporting with currency conversions and alignment—all in a few clicks.

🔹 Scalable & Secure

Whether you’re managing 3 or 30 companies, OnMetrix Analytics scales with you. It also follows best-practice data security protocols, ensuring sensitive information remains protected.

Real-World Application: A Finance Team in Control

Imagine a CFO overseeing five companies - each with its own Xero account, different currencies, and unique reporting needs. Before OnMetrix Analytics, reporting meant hours of spreadsheet work each month.

Now, with OnMetrix Analytics, their finance team:

• Pulls live consolidated P&L, balance sheet, and cash flow reports within minutes.

• Identifies anomalies and intercompany discrepancies instantly.

• Prepares board packs and investor updates with real-time, visual data.

• Focuses on strategy rather than manual data manipulation.

The result? Greater accuracy, more agility, and better strategic outcomes.

Conclusion

While Xero is an excellent accounting solution for individual entities, its lack of built-in multi-entity reporting tools limits its value for growing organisations. OnMetrix Analytics solves this gap by delivering live, consolidated financial dashboards via Power BI - tailored for finance teams who need to see the full picture, not fragmented pieces.

With OnMetrix Analytics, you can eliminate spreadsheets, reduce risk, and drive smarter, faster financial decisions across your organisation.

Upgrade your Xero reporting experience - go from complexity to clarity with OnMetrix Analytics.