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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 Finconsol?

Finconsol is an innovative cloud software solution aimed at financial consolidation, allowing finance teams to consolidate accounts from multiple companies into detailed group financial statements. This platform simplifies the integration of trial balances, aligns individual entity accounts with a standardized group chart, converts balances between various currencies, reconciles intercompany transactions, and supports the management of elimination entries and minority interests. Users of Finconsol can produce a wide range of consolidated financial statements, such as balance sheets, profit and loss reports, cash flow statements, fund flow statements, a consolidation worksheet, and group trial balances, along with comprehensive reports, dashboards, and presentations intended for board meetings. Furthermore, it offers features for budgeting, forecasting, and statistical analysis, as well as period-end controls like locked months and adjustments for historical changes. The software integrates smoothly with Zoho Books, while trial balances from other accounting platforms such as Xero and QuickBooks can also be incorporated through uploads. Finconsol is specifically designed for CFOs, controllers, group accountants, finance teams, and accounting firms managing multiple entities, significantly enhancing their financial management capabilities. This powerful tool not only streamlines the consolidation process but also elevates the accuracy of reporting across various business entities, thereby enabling finance professionals to make more informed decisions. Ultimately, Finconsol represents a pivotal advancement in the realm of financial management software.

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Integrations Supported

Integrations Supported

QuickBooks Online
Xero
Zoho Books

API Availability

API Availability

Pricing Information

$0
Free Version

Pricing Information

$60/company/month
The minimum plan covers two companies. Yearly billing starts at $120/month equivalent ($1,440 billed annually); monthly billing starts at $144/month. The first five companies are $60/company/month with yearly billing. Plans include all features and unlimited users. Plans for more than 30 companies are priced by agreement.
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
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

Aaxonix Tech LLP

Date Founded

2026

Company Location

India

Company Website

finconsol.com

Categories and Features

Categories and Features

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