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Description
CFOUR is a financial consolidation software designed to streamline inter-company accounting by integrating data from multiple sources into a centralized platform. It enhances collaborative efforts, enabling teams to expedite the consolidation process and generate precise consolidated reports in real-time. By simplifying the familiar consolidation workflow, CFOUR breaks it down into four clear stages. Initially, it gathers data from various sources, including Excel and ERP systems, into a unified data stream. Following that, it stabilizes the compilation of subsidiary accounts to create management accounts. The inter-company reconciliation process is facilitated through journal entries that document and verify inter-company eliminations using an intuitive interface. Subsequently, the subsidiary accounts are consolidated with clarity, providing a comprehensive view of the holding company and enabling the production of consolidated financial statements. Additionally, users can swiftly generate XBRL or iXBRL files for reporting to regulatory bodies like ESMA or in compliance with GAAP, complete with the relevant taxonomy. This innovative approach not only improves efficiency but also enhances accuracy in financial reporting.
Description
Konsolidat is a flexible, open-source EPM platform, licensed under MIT, that integrates seamlessly with Excel for organizations utilizing SAP or Microsoft Dynamics. It facilitates multi-entity IFRS and GAAP consolidation, incorporating features like foreign exchange translation, currency translation adjustments, intercompany eliminations, and non-controlling interests; it also supports driver-based, cascading, and reciprocal cost allocations, along with budgeting that accommodates seasonal variations and variance analysis. Finance teams can utilize their current Excel workbooks by employing =EPM() formulas, while the underlying close logic operates on a ClickHouse and dbt framework, ensuring full traceability to the source general ledger and implementing 26 automated assertions with each execution. Current connectors are available for Dynamics 365 F&O and ERPNext, with SAP S/4HANA access provided through a four-week pilot program. The application layer enhances security through two-factor authentication, role-based access control, audit logging, and single sign-on capabilities via OIDC/SAML, Entra ID, and LDAP. Users can opt for a self-hosted solution at no licensing cost, or they may select a fully managed hosting service. Designed to accommodate between 10 and 500 finance team members, it aims to streamline financial processes and improve collaboration among users.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Eunoia
Microsoft 365
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$0
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
CFOUR
Country
Malta
Website
www.cfour.tech/
Vendor Details
Company Name
Grynn GmbH
Founded
2016
Country
Switzerland
Website
www.konsolidat.com