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Average Ratings 0 Ratings
Description
As familiarity with legacy consolidation tools wanes within your organization, they become increasingly difficult to support, leading to significant risks in your financial close process. The separation of financial consolidation from financial planning complicates the establishment of a unified source of accurate information. Relying solely on static spreadsheets is inadequate, particularly under the scrutiny of auditors. The process of generating consolidated financial statements should be streamlined, avoiding the pitfalls of being lengthy, manual, and prone to errors. With close cycles shrinking and regulatory demands intensifying, IDL Konsis streamlines finance and accounting operations by eliminating tedious manual tasks, allowing for a faster and more efficient closing process through fully compliant, standardized consolidations that address all aspects of group reporting. This commitment to excellence is a key factor in IDL's strong position within the corporate consolidation sector, ensuring businesses can adapt to evolving financial landscapes effectively.
Description
Inscope is an innovative financial reporting platform powered by AI, specifically created to automate the processes involved in preparing, reviewing, and issuing GAAP-compliant financial statements for accounting teams and finance departments. By replacing cumbersome and error-prone manual workflows, it enables the automatic generation of financial reports, disclosures, and supporting schedules, which empowers teams to transition efficiently from closed books to finalized reports. Central to its functionality, Inscope utilizes AI assistants to manage labor-intensive tasks such as formatting, cross-footing, internal consistency checks, and roll-forwards, greatly minimizing the manual effort that has been historically associated with financial reporting. Furthermore, it upholds a dynamic, linked source of truth, ensuring that updates seamlessly propagate across all statements and footnotes, thus eliminating the chaos of version control while enhancing traceability. The platform not only increases efficiency but also fosters a more accurate and reliable reporting environment for finance professionals.
API Access
Has API
API Access
Has API
Integrations
DATEV
Microsoft Dynamics 365
SAP HANA
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
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
insightsoftware
Founded
2000
Country
United States
Website
insightsoftware.com/idl/idl-konsis/
Vendor Details
Company Name
Inscope
Founded
2023
Country
United States
Website
www.inscopehq.com
Product Features
Financial Reporting
"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Product Features
Financial Reporting
"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement