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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

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See for yourself why over 500K+ users are using insightsoftware

Daniel ReilConsolidated Accounting Consultant, Bauer AG

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

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Matrix consolidation – multidimensional by business segment and legal company structure

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Easy initial and deconsolidation – maximum ease of use

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Automated currency conversion – system-supported exchange rates for group currencies

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Deferred taxes – individual company tax rates possible

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Internal reconciliation and settlements – documentation of any necessary postings

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Late adjustments – post manual entries to group accounts

Fully compliant, transaction-based consolidation for all group reporting needs

Save time with Fast Close

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.

Simplify and Streamline Financial Consolidation

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.

Flexible for your individual requirements

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.

40%

Quicker

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André Ganzow Finance & Accounting Manager, EURONICS Deutschland eG

Working with IDL is very efficient. We benefit from the in-depth specialist know-how of our IDL advisor.

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Andreas Göppinger Finance Project Manager

With IDL, we can rely on the data quality in corporate management 24/7, around the globe and in all time zones.

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Daniel Reil Consolidated accounting consultant, Bauer AG

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.

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.

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