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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 BlackLine?

BlackLine stands out as the sole comprehensive technology solution tailored specifically for finance and accounting, operating entirely in a cloud environment. There are no complicated mergers, no assorted software-hardware pairings, and absolutely no hidden costs for middleware or upgrades. This platform is recognized as the most dependable solution for Finance Controls and Automation worldwide. With its user-friendly design, BlackLine ensures simplicity and efficiency. Unlike many competitors, it is not a hodgepodge of antiquated software and hardware. Instead, it offers a full-fledged Finance Controls and Automation platform developed on a singular codebase and securely accessed via the cloud. Users benefit from a seamless experience through a single sign-on, eliminating the hassle of navigating multiple systems. Furthermore, the platform facilitates effortless data sharing between products, bypassing the need for cumbersome system transfers and enhancing overall productivity. Ultimately, BlackLine empowers finance professionals to streamline their processes and focus on strategic initiatives.

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Integrations Supported

Integrations Supported

Clarity Security
DataBlend
GUMU
Nakisa IWMS

API Availability

API Availability

Pricing Information

$0
Free Version

Pricing Information

Pricing not provided
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

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online 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

BlackLine Systems

Date Founded

2001

Company Location

United States

Company Website

www.blackline.com

Categories and Features

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Fixed Asset Management
Fund Accounting
General Ledger
Multi-Currency
Nonprofits
Purchase Orders
Tax Management

Accounts Receivable

Not specified

AR Automation

Not specified

Debt Collection

Not specified

Deduction Management

Not specified

Financial Close

Not specified

Financial Management

Not specified

Financial Reporting

Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Profit / Loss Statement

Reconciliation

Not specified

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