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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

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.

Description

Tensoft’s MNC solution enables organizations to integrate financial data from various sources, thereby offering a comprehensive view of financial information across the enterprise, regardless of currency or geographic area. The accompanying graphic on the right demonstrates the functionality of Tensoft MNC, showcasing subsidiary companies at the base along with their respective currencies. This product effectively consolidates data from these subsidiaries, translating and aggregating it into a unified Dynamics GP Company. Both local currencies and the designated reporting currency are included in this process. By thoroughly understanding your multinational needs, you can effectively design your financial framework to optimize month-end reporting and everyday transactions. The pyramid on the left further illustrates how Tensoft MNC maximizes its advantages, emphasizing its pivotal role in financial management across diverse locales and currencies. Ultimately, leveraging Tensoft MNC can lead to enhanced clarity and efficiency in an organization’s financial operations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$0
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

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) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Grynn GmbH

Founded

2016

Country

Switzerland

Website

www.konsolidat.com

Vendor Details

Company Name

Tensoft

Founded

1996

Country

United States

Website

tensoft.com/tensoft-multi-national-consolidation/

Product Features

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 

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