Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The buzz surrounding SAP S/4HANA for Group Reporting is entirely justified, as this innovative Group Accounting solution from SAP emphasizes that effective group reporting transcends mere consolidation. For over a decade, we have adopted this philosophy alongside various consolidation tools through our SAP add-on, ConVista ConsPrep. By focusing on vital tasks within the record-to-report process, we facilitate seamless data flow and reduce the need for manual adjustments. Our methodology emphasizes a cohesive process that spans from the initial recording of accounting data in individual financial statements to the final consolidated report. Furthermore, ConVista ConsPrep is recognized as a SAP-certified software package, and its adaptable architecture allows the integration of standard software benefits while accommodating specific client needs effectively. This ensures that organizations can achieve both efficiency and customization in their reporting processes.
Description
As familiarity with legacy consolidation tools wanes within your organization, they become increasingly difficult to support, leading to significant risks in your financial close process. The separation of financial consolidation from financial planning complicates the establishment of a unified source of accurate information. Relying solely on static spreadsheets is inadequate, particularly under the scrutiny of auditors. The process of generating consolidated financial statements should be streamlined, avoiding the pitfalls of being lengthy, manual, and prone to errors. With close cycles shrinking and regulatory demands intensifying, IDL Konsis streamlines finance and accounting operations by eliminating tedious manual tasks, allowing for a faster and more efficient closing process through fully compliant, standardized consolidations that address all aspects of group reporting. This commitment to excellence is a key factor in IDL's strong position within the corporate consolidation sector, ensuring businesses can adapt to evolving financial landscapes effectively.
API Access
Has API
No
API Access
Has API
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
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
No
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)
No
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
Convista
Founded
1999
Country
Germany
Website
www.convista.com/en/insights/details/convista-consprep/
Vendor Details
Company Name
insightsoftware
Founded
2000
Country
United States
Website
insightsoftware.com/idl/idl-konsis/
Product Features
Financial Management
Budgeting & Forecasting
No
Cash Management
No
Consolidation / Roll-Up
No
Currency Management
No
Financial Reporting
No
Investment Management
No
Project Management
No
Revenue Recognition
No
Risk Management
No
Tax Management
No
Product Features
Financial Reporting
"What If" Scenarios
No
Audit Trail
No
Balance Sheet
No
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
No
Income Statements
No
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No