Konsolidator® Review

Konsolidator® is a cloud-based (SaaS) financial consolidation software that automates, standardises and streamlines the financial consolidation and reporting process. This allows the finance function to eliminate manual, repetitive and redundant tasks, spend more time analysing data rather than producing data and thereby accelerate and improve tactical decisions. Konsolidator® contains all elements for financial consolidation purposes, including cashflow statements, KPI’s and a full audit trail. The software is platform independent which means anyone can import, use and export accounting data regardless of which financial or reporting systems their groups use. Konsolidator® integrates to all ERP systems, Excel and BI systems. After a short implementation process where Konsolidator® is set up in accordance with the group's accounting practice, the consolidated accounts can be prepared in only a few minutes or hours (rather than days or weeks). The software is one of the first (if not the first) truly cloud based consolidation software. Being build as SaaS the price model differs from on-premise solution as it is based on monthly subscription and a fixed low implementation fee.