IDL Konsis
Fast, audit-proof consolidated financial statements
- Fully automate your close, consolidation, and reporting processes
- National and international accounting standards
- Single point of truth for accurate consolidated financial data
- Audit-proof, efficient group reporting processes
See for yourself why over 500K+ users are using insightsoftware
Switching from Excel packages to online data collection with IDL has paid off. For monthly reporting alone, we will now save two days worth of work when preparing report forms.
With IDL, streamline and automate the consolidation process for a far shorter close
Matrix consolidation – multidimensional by business segment and legal company structure
Easy initial and deconsolidation – maximum ease of use
Automated currency conversion – system-supported exchange rates for group currencies
Deferred taxes – individual company tax rates possible
Internal reconciliation and settlements – documentation of any necessary postings
Late adjustments – post manual entries to group accounts
Fully compliant, transaction-based consolidation for all group reporting needs
In external accounting, accuracy is paramount. But the need for accuracy often conflicts with the desire for fast financial reporting. Fast Close speeds up the preparation of financial statements by digitalizing and automating the process. This is a crucial evolution for the modern finance team in today’s fast-paced world. With a more efficient close, you can save time and money without compromising the traceability and security of the final audit.
Prepare consolidated financial statements for your group company and its subsidiaries with all-in-one consolidation software. Save time and ensure accuracy with IDL Konsis. Handle complex scenarios, track your consolidation process, document reconciliations, transfers, and postings, and ensure audit-readiness and transparency.
Whether you are a start-up with a rapidly growing number of national subsidiaries, a holding company looking to monitor the performance of your investments, an internationally active SMB, or a globally established company – IDL Konsis adapts with group-wide reporting and still provides a single-point of truth.
5 day
fast and accurate close at period end
Improved
data accuracy in scaling international organizations
2 Days
of work saved
From individual financial statements with robust auditing to consolidated financial statements with IDL Konsis
With IDL Konsis, you can quickly and easily create process-based, consolidated financial statements while working within national and international accounting standards.
