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Average Ratings 0 Ratings

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ease
features
design
support

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Description

CFOUR is a financial consolidation software designed to streamline inter-company accounting by integrating data from multiple sources into a centralized platform. It enhances collaborative efforts, enabling teams to expedite the consolidation process and generate precise consolidated reports in real-time. By simplifying the familiar consolidation workflow, CFOUR breaks it down into four clear stages. Initially, it gathers data from various sources, including Excel and ERP systems, into a unified data stream. Following that, it stabilizes the compilation of subsidiary accounts to create management accounts. The inter-company reconciliation process is facilitated through journal entries that document and verify inter-company eliminations using an intuitive interface. Subsequently, the subsidiary accounts are consolidated with clarity, providing a comprehensive view of the holding company and enabling the production of consolidated financial statements. Additionally, users can swiftly generate XBRL or iXBRL files for reporting to regulatory bodies like ESMA or in compliance with GAAP, complete with the relevant taxonomy. This innovative approach not only improves efficiency but also enhances accuracy in financial reporting.

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

Screenshots View All

No images available

Integrations

Eunoia Yes 
Microsoft 365 Yes 

Integrations

Eunoia No 
Microsoft 365 No 

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) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

CFOUR

Country

Malta

Website

www.cfour.tech/

Vendor Details

Company Name

Grynn GmbH

Founded

2016

Country

Switzerland

Website

www.konsolidat.com

Product Features

Product Features

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