Automate financial consolidation with Konsolidator®

About Konsolidator

Konsolidator® is cloud software that automates financial consolidation. Use Konsolidator® on top of your ERP system to automate your consolidation in a fast and audit-compliant way. With integrations to systems like Xero, Sage, QuickBooks and Business Central, e-conomic and Fortnox, you can sync your trial balances with a single click and automate all the complex calculations. It is easy to get started. There are no local installations, you just log on from your web browser and start onboarding.

Primary Features

Automated consolidation of Actual, Budget, and Forecast?numbers?, including:

  • Profit and Loss including segments, business units or product lines
  • Balance Sheet
  • Financial and Operational KPIs

Other features:

  • 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

Pricing

Konsolidator is subscription-based and starts at €300 a month or roughly $378 per month. The price per month includes unlimited users. A free trial of Konsolidator is available.

Businesses Served

Konsolidator® is for all groups no matter their size or complexity, from small privately-owned companies to large listed corporations that need consistent financial consolidation at an affordable price.

A subscription to Konsolidator® gives you access to an unlimited number of users. Regardless of what country your teams are working from, you can keep your finance function integrated without the hassle of multiple spreadsheets. Easily limit access by user to ensure there are no data overrides. Delegate the upload task and the reconciliation of intercompany eliminations to subsidiaries for more accurate reporting.

Product Overview

User Reviews of Konsolidator

★★★★★
★★★★★
Submitted on May 31st, 2022 by Jakob Kirkeby Andersen from PwC Denmark

Konsolidator integrates with our accounting system, which keeps the consolidation process simple and consistent. It’s a quick online process for handling the consolidation for our clients, and we have seen results as fast as 7-10 minutes per consolidation, which means we can drive up productivity and save costs. The approach balances our need for simple, correct, and fast consolidations.

★★★★★
★★★★★
Submitted on May 31st, 2022 by Helene Sewell from Liftupp

Rerunning the consolidation is so easy! In 15 minutes, I can pull a trial balance, do the consolidation, refresh my reposts, and send them back to the head office.