Solution
Financial Consolidation
Automate financial consolidation using Konsolidator. Get instant audit-compliant results, clear overviews and faster insights.
300+ groups are using Konsolidator®
Konsolidator has empowered hundreds of groups with standardized consolidation and is adaptable to groups of any size or industry.
Standardize your entire consolidation process
With Konsolidator, you get a standardized and simple financial solution that contains all elements for financial consolidation and ensures compliance with local GAAP and IFRS requirement.
Consolidation of group and sub-groups in Konsolidator includes:
- Automated consolidation of actual, budget, and forecast numbers , including:
- Profit & loss, including segments, business units, or product lines.
- Balance sheet.
- Financial and operational KPIs.
- Cash flow statements for subsidiaries, sub-group, and parent group
- Intercompany eliminations
- Elimination of investment in subsidiaries
- Minority share calculation and elimination
- Currency translation and exchange rate adjustments
Automate the grind
Speed up reporting and fuel decisions with data that’s clean, consistent, and instant.
Align your entire org
Unify your data. Keep one source of truth, control access, prevent conflicts, and let subsidiaries handle their part for faster, cleaner reporting.
Access data instantly
Compare data, surface trends, and give stakeholders clear historical overviews to track your group’s financial progress.
Focus on what moves the number
Shift from manual work to strategic planning that boosts cash flow and cuts costs.
Track every move
Trace changes, adjustments, and postings with a full audit trail complete with documentation across subsidiaries and groups.
Catch errors before they count
Stay ahead of mistakes. Konsolidator spots inaccuracies across your consolidation, alerts you instantly, and helps you fix issues before they impact your numbers.
It is a 100% cloud-based tool that automates and standardizes the consolidation and reporting process, saving time and providing actionable insights.
Yes, our solution allows you to integrate financial data from your ERPs. You can easily import data from any accounting system, ensuring a smooth transition to automated consolidation without changing your current infrastructure.
Absolutely. It is designed to meet international (IFRS) and local standards for auditable financial statements.
By automating manual tasks, users report up to a 50% reduction in time spent on monthly closings.
Yes, we use bank-level encryption and follow strict data security standards.
See Konsolidator in action
Book a demo and get a fast, focused look at how Konsolidator works.