IDL Konsis
Transform Period-End With the Leading Financial Close Software for Group Enterprises
See for yourself why 500K+ users are using insightsoftware to draw instant data insights, react swiftly to market changes, and outpace their competition
Time-Consuming Manual Processes Damage Accuracy & Efficiency
Quickly Outgrowing Your Consolidation Solution?
Using outdated consolidation software risks security vulnerabilities, compliance issues, and decreased performance. Inefficient system processes hold teams back and reduce data integrity. Choosing our modern solution will mitigate these risks.
Static Spreadsheets Can No Longer Support You
Static spreadsheets create many challenges for auditors, including security vulnerabilities, automation gaps, and difficulty in analyzing complex datasets. Limited audit trails and scalability challenges mean that teams struggle to manage their workload.
Inflexible Solutions Can't Adapt as You Scale
Rigid legacy consolidation solutions cannot support the changing needs of a scaling business. The software cannot support teams in managing multi-currency reporting and regional compliance as they expand into new subsidiaries and legal entities.
Experience a Streamlined and Automated Financial Close
End-to-End Financial Consolidationfor Any Group Enterprise
Prepare high-quality, audit-ready, consolidated financial statements for financial divisions, subsidiaries, and the group company. Work with proven, comprehensive, all-in-one consolidation software, which includes initial consolidation, deconsolidation, matrix consolidation, goodwill amortization, at-equity consideration, intercompany reconciliation, calculation of deferred taxes, late adjustments, and much more. Scale to support groups with fewer than 10 legal entities up to those with thousands.
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Transform Period-end With a Fast, Accurate Five-day Close
Reduce the time taken to prepare financial statements with automated consolidation and decentralization of the close process. Prepare management consolidations and legal consolidations in parallel, even in different consolidation currencies, with multi-dimensional roll-ups matching business units and your legal corporate structure. Automatically process data from multiple source systems with SAP ECC- and S/4 HANA-certified integration and smart connectivity to other ERP systems, including Microsoft Dynamics and DATEV.
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Simplify Compliance With Built-in Rules for Accounting Standards
IDL Konsis is designed to support all financial consolidation needs of even the most complex groups. Report consolidated financial statements using any international accounting standard, including IFRS, HGB, UGB, US GAAP, and Swiss GAAP FER. Meet all requirements for Country-by-Country Reporting (CbCR) required by regional tax authorities, including the German Federal Central Tax Office. Work with a solution that is trusted by over 1,100 customers and certified for auditing standards (IDW PS 880) by audit firm, BDO.
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The insightsoftware Platform
Your data, connected. When and where you need it. From every major ERP, data warehouse, modern data stack, and cloud vendor, we connect to 200+ environments with pre-built content and logic for your business. Our platform is an Al-enabled integrated solution for the Office of the CFO built on an advanced data virtualization layer.
