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What is IDL Konsis?

As your organization grows less accustomed to outdated consolidation tools, supporting them becomes increasingly challenging, resulting in notable risks within your financial closing procedures. The disconnect between financial consolidation and financial planning further complicates the creation of a reliable and cohesive information source. Relying exclusively on outdated spreadsheets proves insufficient, especially under the watchful eyes of auditors. It is crucial to simplify the creation of consolidated financial statements to avoid the issues associated with lengthy, manual processes that are often susceptible to mistakes. With the duration of close cycles becoming shorter and regulatory requirements becoming more stringent, IDL Konsis enhances finance and accounting workflows by removing laborious manual tasks, facilitating a quicker and more efficient closing process through standardized, fully compliant consolidations that cover all aspects of group reporting. This dedication to excellence ensures that IDL maintains a robust presence in the corporate consolidation landscape, enabling businesses to swiftly adapt to the changing financial environment. Moreover, organizations that embrace innovative solutions can significantly improve their operational efficiency.

What is Foresight Intelligence Financial Reporting System?

The Foresight Intelligence Financial Reporting System consolidates all your financial information within a single platform, minimizing the likelihood of errors associated with manual data entry while boosting overall efficiency. Users can easily create customized reports for different audiences and securely share sensitive information with the right people at the most suitable times. This system automatically collects and refreshes financial data from any business software into a centralized portal. The process of report generation has been simplified, removing the necessity for manual adjustments in spreadsheets, and the integrated drill-down features allow users to quickly find answers to their questions. This effectively eliminates dependence on manual input and the errors that often accompany it. Acknowledging that diverse stakeholders possess varying reporting requirements, Foresight Intelligence enables easy access to all consolidated data and generates reports tailored to specific needs automatically. Furthermore, the adaptable pivot and drill-down tools make it easier to discover and distribute accurate information. Consequently, with these advanced features, teams can arrive at well-informed decisions in a timely and precise manner, ultimately enhancing productivity and strategic planning.

Media

Media

Integrations Supported

DATEV
Microsoft Dynamics 365
SAP HANA

Integrations Supported

DATEV
Microsoft Dynamics 365
SAP HANA

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

insightsoftware

Date Founded

2000

Company Location

United States

Company Website

insightsoftware.com/idl/idl-konsis/

Company Facts

Organization Name

Foresight Intelligence

Date Founded

2008

Company Location

United States

Company Website

foresightintelligence.com/financial-reporting-system/

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

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