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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 Axway Financial Accounting Hub?

The Axway Financial Accounting Hub (AFAH) serves as a comprehensive solution designed to enhance and streamline the management of financial data within companies. By automating and optimizing data transformation and integration processes, it applies accounting standards to ensure the accuracy and consistency of financial information across operational, financial, and business dimensions. AFAH supports accounting and reporting for various entities, oversees intercompany transactions, and guarantees seamless connectivity with an array of data sources and targets. By reducing the complexities associated with financial information systems, it expedites the digital transformation of finance, facilitating faster account closures, real-time transaction processing, and standardized multi-GAAP postings. This platform empowers finance teams to swiftly adapt to shifts in the business landscape, seamlessly incorporate new business entities, and maintain compliance with evolving accounting standards and regulations. Moreover, AFAH enhances analytical capabilities, allowing organizations to derive deeper insights into their financial performance while promoting a more agile and responsive finance operation. Ultimately, AFAH stands out as a vital tool for organizations seeking to navigate the complexities of contemporary financial management effectively.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

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

Grynn GmbH

Date Founded

2016

Company Location

Switzerland

Company Website

www.konsolidat.com

Company Facts

Organization Name

Axway

Date Founded

2001

Company Location

France

Company Website

www.axway.com/en/products/afah

Categories and Features

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

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