Last Updated
Overview
Financial consolidation is Konsolidator’s core strength, enabling finance teams to automate multi-entity reporting with audit-level accuracy. It provides historical overviews and insights for stakeholders while tracking the firm’s financial performance. While initial structuring requires careful planning, its standardized consolidation logic, clear audit trails, and centralized reporting improve transparency.
Overall Rating
Based on 4 users reviews
4.8
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Konsolidator Specifications
- Financial Reporting
- Audit Trails
- Multi-Currency Support
- Account Reconciliation
What Is Konsolidator?
Konsolidator is a cloud-based consolidation and reporting platform that centralizes group accounting data with an auditor’s precision. It automates intercompany eliminations, currency translations, and equity eliminations, reducing manual effort and errors. With real-time reporting, dynamic group structures, and support for audit compliance, it empowers finance teams to streamline their workflows and make confident decisions. The Konsolidator software delivers error-free insights while eliminating the complexity of consolidation, driving organizational growth.
Konsolidator Pricing
The Konsolidator cost plans come with custom pricing models. It offers three comprehensive plans that support ERP integration, IC elimination, and much more. They are as follows:
- Financial
- Management
- Enterprise
Disclaimer: The pricing is subject to change.
Konsolidator Integrations
The software supports integration with multiple platforms, such as:
Who Is Konsolidator For?
Konsolidator is ideal for a range of industries, including:
- Consultancy
- Manufacturing
- Pharmaceuticals
- Real Estate and Investment
- Technology
Is Konsolidator Right For You?
Are you struggling with time-consuming manual consolidations that delay reporting and strategic insights? It costs clients and hampers business credibility. Konsolidator addresses this by automating complex tasks to streamline audit trails and generate accurate financial reports within minutes. This enables teams to leverage insights in minutes to make strategic decisions. Trusted by customers like Nomor, the platform supports both corporate groups and audit professionals seeking scalable tools to enhance efficiency and transparency.
Still not sure about Konsolidator? Contact our support team at (661) 384-7070 for further guidance.
Konsolidator Features
Financial Reporting
Konsolidator enables structured financial reporting by leveraging a consolidated SQL data source for accurate analysis and even supports an API to pull data for custom reports. It also provides built-in templates to speed up reporting, helping teams produce reliable reports and gain in-depth performance insights.
Financial Data Management
The platform features a financial data warehouse in Microsoft Fabric to help teams create Power BI reports effortlessly. This structured approach improves data consistency and leverages built-in AI to deliver sharp and precise insights. It ensures finance teams work with reliable, audit-ready information to make smarter decisions.
Konsolidator BI
Konsolidator BI offers next-level BI reporting capabilities by enabling deeper financial analysis and visualization. It comes with a slick dashboard and supports drill-down analysis, with enhanced controlling and reconciliation into each consolidated figure. This solution supports essential, advanced, and enterprise-level requirements.
Financial Consolidation
This plug-and-play software automates group and subgroup consolidations, including intercompany eliminations and exchange rate adjustments. It generates audit-compliant, consistent financial results that meet GAAP requirements, thereby streamlining the complex consolidation process.
Pros And Cons of Konsolidator
Pros
Automated multi-entity consolidation workflows
Audit-compliant financial reporting
Structured central financial database
Cons
The journal function is overwhelming
Intercompany service has room for improvement for large entities
Konsolidator Reviews
Total 4 reviews
4.8
All reviews are from verified customers
Rating Distribution
5
Stars75%
4
Stars25%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Chemicals, 51-100 employees
Less than 6 months
“Timesaving consolidation tool”
Pros
Uploading files and checking accounts saves us a huge amount of time. The manual journals are also easy to work with and make it quick to adjust the variables we need. Since our team was going through the consolidation process for the first time this tool was especially helpful. Without it the whole process would have taken much longer.
Cons
I'd just like to see a more detailed explanation of the elimination journals.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Chemicals, 101-500 employees
Less than 6 months
“Helpful for first-time consolidation”
Pros
Uploading our documents and having the system verify the accounts saves us a massive amount of time. The manual adjustment feature is also simple and lets us quickly tweak the numbers we need to. For a team doing consolidation for the first time like us this tool has been a huge help. The whole process would have taken much longer without it.
Cons
I wish the system provided a clearer, more thorough breakdown of the consolidation adjustment entries it creates.
Rating Distribution
Ease of use
9
Value for money
10
Customer Support
10
Functionality
9
Medical Devices, 101-500 employees
More than a year
“handy exports !”
Pros
It was pretty quick to set up and run and it's been fast to work with overall. The upload feature is especially useful and having the option to extract information into Excel is something I really appreciate.
Cons
The journal function could be more simple to use especially when it comes to visualizing eliminations more clearly.
Rating Distribution
Ease of use
9
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
Who are the typical users of Konsolidator?
The typical users of Konsolidator are financial advisors and audit teams from the consultancy, manufacturing, pharmaceutical, real estate, investment, and technology industries.
Does Konsolidator have a mobile app?
The vendor has not shared information regarding a dedicated mobile app.
What level of support does Konsolidator offer?
It offers support via phone call and email.
What language does Konsolidator support?
Konsolidator supports English and Spanish.
What types of pricing plans does Konsolidator offer?
Konsolidator price plans include Financial, Management, and Enterprise subscription bundles with custom pricing tiers. Request a personalized Konsolidator pricing quote for your business.
Does Konsolidator offer an API?
Yes, Konsolidator provides API access through Konsolidator Konnect.
What other apps does Konsolidator integrate with?
The software supports integrations with Xero, Business Central, QuickBooks, Sage, Fortnox, e-conomic, and PowerOffice.