IDL Konsis Reviews & Product Details

IDL Konsis is a financial close and consolidation tool that allows finance professionals to create accurate consolidated financial statements compliant with international and regional accounting standards. It also supports the automation of consolidation functions, including intercompany reconciliations and eliminations. IDL Konsis allows firms to connect data from major financial activities by automatically generating financial statements and improving progress analysis. Users can also automate capital consolidation, equity adjustments, and currency conversions. It helps increase accuracy and reduce risks by creating a single point of contact. Users can integrate data from existing systems to automate financial planning operations. IDL Konsis can support many users, including banks, insurance agencies, legal firms, and health centers. It tracks and monitors financial positions and allows businesses to develop long-term plans for various sectors.