From Trial Balances to Consolidations: How TreeBeam Helps Private Equity Firms

Private equity (PE) firms thrive on data-driven decisions. From evaluating portfolio company performance to preparing investor reports, accurate and timely financial information is the backbone of success. But when it comes to managing consolidated accounts and generating consolidated financial reports, PE firms often face a familiar headache: messy spreadsheets, inconsistent trial balances, and time-consuming accounting workflows.

That’s where TreeBeam makes all the difference. Purpose-built for accountants, TreeBeam streamlines the accounting close, improves the monthly closing process, and ensures clean, accurate consolidated financial statements—all without the chaos of spreadsheets.

Why Consolidated Reporting Matters in Private Equity

Unlike a single-entity business, PE firms oversee multiple portfolio companies, often across industries and geographies. Each company has its own set of financial accounts, processes, and reporting standards. Without a reliable way to bring everything together, firm leaders face major challenges:

• Complex consolidations – Rolling up multiple trial balances into a single set of consolidated financial accounts requires precision.

• Investor expectations – Limited partners demand transparency and timely consolidated financial results. Any errors can erode trust.

• Time pressures – The month end close process is already demanding. Add in consolidations across entities, and deadlines become even tighter.

• Compliance needs – Firms must ensure financial statements in accounting meet industry and regulatory standards.

For PE firms, getting consolidations wrong isn’t just a reporting issue—it directly impacts investor confidence, decision-making, and even fundraising potential.

The Trouble with Spreadsheets

Many private equity accounting teams still rely heavily on spreadsheets for closing books and preparing financial statements. While spreadsheets offer flexibility, they also introduce risk:

• Version control problems: Different team members working in different versions of the same file.

• Error-prone formulas: A single broken link can throw off an entire set of financial statements.

• Inefficiencies: Hours spent reconciling data instead of analyzing results.

For firms managing multiple entities, spreadsheets quickly become unsustainable. That’s why more PE firms are looking to financial statement consolidation software like TreeBeam.

How TreeBeam Helps Private Equity Firms

TreeBeam simplifies the accounting closing process and makes it easy to consolidate results across portfolio companies. Here’s how:

1. Centralized Trial Balance Management

TreeBeam eliminates the need to juggle dozens of trial balance spreadsheets. Upload, adjust, and organize accounting trial balances in one place for faster, more accurate consolidations.

2. Streamlined Month End Close

Instead of spending weeks on the monthly closing process, TreeBeam helps PE firms close faster and with fewer errors. By automating parts of the accounting close, teams can shift their focus from manual work to strategic insights.

3. Easy Consolidations

TreeBeam’s financial statement software was designed with consolidation in mind. Whether you’re creating consolidated financial accounts, consolidated financial reports, or full consolidated financial statements, TreeBeam makes it simple.

4. Greater Transparency for Stakeholders

PE firms need to provide clear, accurate information to partners and investors. With TreeBeam, firms can produce polished financial statements and consolidated financial results that inspire confidence.

5. Built for Accountants, Not IT

TreeBeam is not a complex enterprise financials software requiring months of setup. It’s intuitive and accountant-friendly, helping teams quickly adapt and improve their accounting workflows.

The Bottom Line for Private Equity

Private equity firms succeed by making smart, timely decisions. But without reliable consolidated reporting, they risk making those decisions on shaky ground. Spreadsheets may have worked in the past, but today’s environment demands speed, accuracy, and scalability.

TreeBeam gives PE accounting teams exactly that—a tool purpose-built to streamline the month end close process, simplify closing books, and produce reliable consolidated financial statements with less stress.

If your firm is ready to move beyond spreadsheets and into a more efficient, transparent way of working, it’s time to see how TreeBeam can help. Close with confidence - TreeBeam has you covered! Learn more - https://www.treebeam.com or https://portal.treebeam.com.