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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 CFOUR?

CFOUR is a financial consolidation tool specifically crafted to optimize inter-company accounting by merging data from various sources into a single, centralized interface. It fosters teamwork, allowing groups to accelerate the consolidation process and produce accurate consolidated reports in real time. By clarifying the traditional consolidation workflow, CFOUR delineates it into four distinct stages. First, it aggregates information from diverse sources, such as Excel sheets and ERP systems, into a cohesive data stream. Next, it stabilizes the compilation of subsidiary accounts to formulate management accounts. The system then streamlines the inter-company reconciliation process through journal entries that effectively record and verify inter-company eliminations via an easy-to-use interface. Afterward, the subsidiary accounts are combined with precision, providing a holistic view of the holding company and allowing for the creation of consolidated financial statements. Furthermore, users can quickly generate XBRL or iXBRL files for submission to regulatory authorities like ESMA or to ensure compliance with GAAP, incorporating the necessary taxonomy. This forward-thinking method not only boosts operational efficiency but also significantly enhances the accuracy of financial reporting, ultimately leading to better-informed decision-making.

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Integrations Supported

Eunoia
Microsoft 365

Integrations Supported

Eunoia
Microsoft 365

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

CFOUR

Company Location

Malta

Company Website

www.cfour.tech/

Categories and Features

Categories and Features

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