Arvexi vs Konsolidat

Arvexi combines account reconciliation, financial close, consolidation, lease accounting, and data integration in an AI-native platform. Its Cortex tools investigate variances, certify accounts automatically, prepare work papers, propose journal entries, and coordinate close tasks. Reconciliation supports zero-balance, tolerance-matching, and no-activity methods, and scores accounts using five factors. A Smart Import Wizard detects ERP sources, maps columns, and saves formats for repeat imports. Listed ERP templates include SAP S/4HANA, Oracle ERP Cloud, NetSuite, Dynamics 365, Sage Intacct, and QuickBooks; data can also arrive through SFTP, webhooks, or file upload. The platform supports multi-entity consolidation, intercompany elimination, currency translation, entity certification, and lease accounting under ASC 842 and IFRS 16. Arvexi describes security controls including append-only audit logs, period locks at the entity level, role-based access, and tenant isolation, and says it does not use customer data to train general-purpose AI models. Pricing is on request, and the SLA commits to 99.9% monthly uptime for customers with an active subscription agreement.

Konsolidat is an MIT-licensed, open-source EPM product for finance teams using SAP or Microsoft Dynamics, with an Excel-native interface. Worksheet formulas retrieve backend results into existing workbooks. It consolidates multiple entities and currencies, applies elimination logic, attributes non-controlling interests and groups entities through ownership trees. Its allocation engine handles driver-based, cascading and reciprocal allocations, with iterative solving and traceability to source pools. The product describes driver-based budgets, scenario management and variance analysis; rolling forecasts are also listed as a roadmap item. Dynamics 365 F&O and ERPNext connectors are available, while SAP S/4HANA is offered through a paid pilot. SAP ECC, Business Central and SAP Business One remain roadmap items. The described data pipeline uses Airbyte, dbt and ClickHouse. Security options listed include 2FA, role-based access, audit logging, SSO and LDAP/Active Directory. Teams can self-host on their own cloud or on-premises infrastructure, or use a managed hosted plan. Self-hosting costs nothing and requires operating the software and infrastructure; hosted pricing is $3,500 a month. Automated cash-flow statements and multi-GAAP parallel reporting are roadmap items.