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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 Oracle Hyperion?

Oracle Hyperion Financial Management is a comprehensive web-based solution designed for global financial consolidation, analysis, and reporting, all within a flexible software environment. This platform utilizes advanced technology to empower finance departments to take full ownership and management of their processes. The most recent update to the web interface has greatly enhanced usability, aligning it more closely with other offerings in the Hyperion suite. Users will benefit from improved navigation across various applications, allowing for easy access to a wide range of modules and documents. Key functionalities include the Point of View bar, Member Selector, and various upgrades to Journals, Data Forms, and Data Grids. Additionally, users can easily access dimension member properties from diverse components such as the Member Selector, data forms, data grids, journals, or Process Management tools, streamlining the management of financial data. This comprehensive approach not only enhances the efficiency of finance teams but also provides them with the agility and accuracy necessary for effective financial management. As a result, organizations can expect better alignment and integration across their financial operations.

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Integrations Supported

Integrations Supported

DataTerrain
EPMware
Lease Insight
Longview Tax
Oracle Smart Space
Oracle University
Precog
Property Tax Plus
RunMyJobs by Redwood
Style Intelligence
Toucan

API Availability

API Availability

Pricing Information

$0
Free Version

Pricing Information

Pricing not provided

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

Company Facts

Organization Name

Grynn GmbH

Date Founded

2016

Company Location

Switzerland

Company Website

www.konsolidat.com

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/middleware/technologies/financial-management.html

Categories and Features

Categories and Features

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