Konsolidator is a cloud-based financial reporting software that automates the consolidation process for corporate groups, enabling users to complete full consolidations in under 15 minutes with auditor-level precision. By providing a centralized SQL data source and eliminating manual errors, Konsolidator enhances reporting accuracy and significantly reduces the time spent on financial data preparation.
Funding
$293.6K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Corporate groups often face challenges in financial reporting due to complex consolidation processes that are time-consuming and prone to manual errors. Traditional methods, such as Excel-based consolidation and outdated local systems, can lead to inaccuracies and delays in delivering reliable financial data and actionable insights.
Solution
Konsolidator offers a cloud-based financial consolidation software designed to automate the entire consolidation process for corporate groups, enabling them to deliver accurate reporting in under 15 minutes. The software provides a centralized SQL data source, eliminating manual errors and enhancing reporting accuracy. With a standardized method and a guided dashboard, Konsolidator ensures consistency, efficiency, and accuracy in financial data preparation, allowing users to remove complexities from consolidation and make better decisions for their group.
Target Audience
Konsolidator is designed for corporate groups of any size, ranging from small privately-owned companies to large listed corporations, seeking simple, fast, and consistent financial consolidation at an affordable price.
Features
- Cloud-based software accessible from any web browser
- Automated consolidation of the entire corporate group
- Centralized SQL data source for structured and reliable financial data
- Standardized method and guided dashboard for consistency and accuracy
- Capability to perform a full consolidation in under 15 minutes
- Automation of complex calculations with auditor-level precision
- Handles intercompany eliminations, multiple currencies, and minority shares
- Integrates with various systems