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Average Ratings 0 Ratings
Description
Effective financial planning is essential for maintaining a company's liquidity, as cash flow is crucial for operations regardless of the organization's size. Investing in a specialized budgeting and reporting solution is critical for all businesses, as it enables the creation of thorough financial planning and analysis. The challenge of preparing accurate consolidated financial statements across multiple companies can be significant, especially since many organizations typically conduct their financial consolidation processes annually. Each company’s financial strategy, budget, or forecast begins with a pivotal question that guides its direction. Furthermore, accurately forecasting sales pipelines is fundamental to developing comprehensive business plans and financial projections. This necessity extends even to non-profit organizations, where comprehending and managing primary revenue sources is essential for establishing a solid financial framework. Ultimately, a robust financial planning system can significantly enhance decision-making and strategic growth.
Description
Konsolidat is a flexible, open-source EPM platform, licensed under MIT, that integrates seamlessly with Excel for organizations utilizing SAP or Microsoft Dynamics. It facilitates multi-entity IFRS and GAAP consolidation, incorporating features like foreign exchange translation, currency translation adjustments, intercompany eliminations, and non-controlling interests; it also supports driver-based, cascading, and reciprocal cost allocations, along with budgeting that accommodates seasonal variations and variance analysis. Finance teams can utilize their current Excel workbooks by employing =EPM() formulas, while the underlying close logic operates on a ClickHouse and dbt framework, ensuring full traceability to the source general ledger and implementing 26 automated assertions with each execution. Current connectors are available for Dynamics 365 F&O and ERPNext, with SAP S/4HANA access provided through a four-week pilot program. The application layer enhances security through two-factor authentication, role-based access control, audit logging, and single sign-on capabilities via OIDC/SAML, Entra ID, and LDAP. Users can opt for a self-hosted solution at no licensing cost, or they may select a fully managed hosting service. Designed to accommodate between 10 and 500 finance team members, it aims to streamline financial processes and improve collaboration among users.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$0
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Account-Ability
Founded
1998
Country
United Kingdom
Website
www.account-ability.co.uk
Vendor Details
Company Name
Grynn GmbH
Founded
2016
Country
Switzerland
Website
www.konsolidat.com
Product Features
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
Yes
Capital Asset Planning
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Project Budgeting
Yes
Run Rate Tracking
No
Version Control
Yes
Business Performance Management
Ad Hoc Reports
Yes
Ad hoc Analysis
Yes
Budgeting & Forecasting
Yes
Consolidation / Roll-Up
Yes
Dashboard
Yes
Key Performance Indicators
Yes
Predictive Analytics
No
Qualitative Analysis
No
Quantitative Analysis
Yes
Scorecarding
Yes
Strategic Planning
Yes
Financial Reporting
"What If" Scenarios
Yes
Audit Trail
No
Balance Sheet
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes