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What is Konsolidat?

Konsolidat is a versatile, open-source EPM platform, licensed under the MIT license, that offers seamless integration with Excel for organizations using SAP or Microsoft Dynamics. It provides comprehensive support for multi-entity IFRS and GAAP consolidation, featuring essential tools such as foreign exchange translation, currency translation adjustments, intercompany eliminations, and considerations for non-controlling interests. The platform also enables various cost allocation methods, including driver-based, cascading, and reciprocal allocations, while offering budgeting solutions that cater to seasonal fluctuations and variance analysis. Finance teams can work with their existing Excel workbooks by utilizing =EPM() formulas, as the underlying close logic is built on a ClickHouse and dbt framework, guaranteeing full traceability to the source general ledger and executing 26 automated assertions with every run. Currently, connectors are available for Dynamics 365 F&O and ERPNext, while SAP S/4HANA integration is accessible through a four-week pilot program. Enhanced security features in the application layer include two-factor authentication, role-based access control, audit logging, and single sign-on capabilities using OIDC/SAML, Entra ID, and LDAP. Users have the choice of a self-hosted solution without any licensing fees or a fully managed hosting service. Designed for finance teams ranging from 10 to 500 members, this platform aims to simplify financial operations and foster better collaboration among users. Moreover, its open-source nature allows organizations to customize and adapt the platform according to their unique requirements.

What is Arvexi?

Arvexi is an advanced lease accounting solution that utilizes cutting-edge artificial intelligence to enhance and automate all phases of lease management. Users can effortlessly upload their lease documents in PDF format, while the AI adeptly extracts pertinent clauses, organizes various documents, creates amortization schedules, generates journal entries, and composes audit-ready reports, all while ensuring compliance with ASC 842, IFRS 16, and GASB 87/96 regulations. Among its standout features are sophisticated Document Intelligence for AI-powered extraction and source verification, adherence to a wide array of accounting standards, an auditor portal that provides read-only access for external auditors, and a specialized Extraction Service that delivers structured data in eight distinct native formats, including CoStar, LeaseQuery, Oracle FBDI, and SAP RE-FX. The platform was crafted by a team of former engineers from OpenAI and Google who are dedicated to equipping accountants with tools that exceed the capabilities of traditional spreadsheets. With its pioneering methodology, Arvexi aspires to transform lease accounting practices, significantly boosting both efficiency and precision in the financial reporting landscape, ultimately leading to better decision-making for businesses. This commitment to innovation positions Arvexi as a leader in the evolving field of lease management technology.

Media

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Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$0
Free Version

Pricing Information

Contact for pricing
Free Trial Offered?

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Grynn GmbH

Date Founded

2016

Company Location

Switzerland

Company Website

www.konsolidat.com

Company Facts

Organization Name

Arvexi, Inc.

Date Founded

2026

Company Location

United States

Company Website

www.arvexi.com

Categories and Features

Categories and Features

Lease Accounting

Not specified

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