IDL

IDL is a solutions partner offering business, methodological and technological competencies in all aspects of consolidation, planning, reporting and analysis. The company was founded in 1990 and currently employs about 150 people, based in its offices in Germany, Austria, Switzerland and France.

IDL’s CPM suite includes modules for financial planning (IDL.FORECAST), operational planning, reporting and analysis (IDL.DESIGNER) and financial consolidation (IDL.KONSIS). It also has complementary products for annual financial reports, e-balance filings, XBRL reporting requirements in banks and structuring of raw data for analysis. Moreover, predefined solutions for specific industries and use cases are available (e.g., for professional sports, public sector). IDL solutions can either run on-premises, as cloud services (Microsoft Azure) or as hybrid scenarios (a combination of both cloud and on-premises). According to IDL, 1,100 corporate groups currently use its solutions. If required, third-party products can be used to enhance IDL’s product portfolio (e.g., for ETL and operational planning). The vendor maintains a partnership with Cubeware (OEM products: IDL.IMPORTER, IDL.COCKPIT).

IDL.FORECAST is targeted at business departments, which often belong to a group of companies. Company-wide financial results plans (balance sheet, P&L, cash flow) at subsidiary or group level can be created using the product. Therefore, IDL.FORECAST provides a predefined financial (planning) data model with intertwined business rules, based on relational data storage. To address operational planning scenarios other than financial planning (e.g., sales or HR planning), IDL.FORECAST is complemented by IDL.DESIGNER. Operational plans, based on multidimensional databases (Microsoft SQL Server Analysis Services, IBM TM1), are integrated with financial plans at data level with predefined routines for data integration using ETL technologies that are available with the underlying databases (e.g., Microsoft SQL Server Integration Services, IBM TM1 Turbo Integrator). Thanks to the tight integration of IDL.FORECAST with IDL.KONSIS, it is possible to immediately consolidate plan data (or actuals) while also taking planned intercompany allocations into account. IDL.KONSIS offers comprehensive capabilities for legal consolidation (IDW PS 880 certified) as well as management consolidation. Extensive predefined business rules for financial management are available as standard in the solution.

Besides its functionality for operational planning, IDL.DESIGNER is a central component of the IDL reporting platform and rounds out the portfolio with user-friendly, web-based functions to create ad hoc reports, analyses and dashboards. Its modern tile interface and Windows look and feel provide a user-friendly environment for designing individual reports and analyses with custom layouts.

User & Use Cases

Besides planning, customers mainly use IDL for ad hoc query and reporting (86 percent), financial consolidation (77 percent), standard/enterprise reporting (71 percent) and basic data analysis (63 percent). 58 percent of respondents plan to use it for advanced analysis and 42 percent for dashboards/scorecards in the future. IDL targets mid-sized and large companies across all industries. 66 percent of our sample of IDL customers come from mid-sized companies (100-2,500 employees) with a median of 20 users (including 10 using planning functionality), but the mean of 44 users (23 for planning) indicates there are also some larger implementations. 60 percent of IDL users are planning users – just below the survey average of 65 percent – reflecting the fact that IDL is essentially a financial consolidation tool with complementary planning and analytics functionality.

Current vs. planned use (besides planning)

N=31

Percentage of employees using IDL

N=32

Planning users (as a percentage of all users)

N=32

Total number of users per company

N=32

Planning users per company

N=32

Company size (number of employees)

N=32

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IDL

Peer Groups BI-focused products, European vendors, Financial performance management products
VendorIDL
Number of responses32
ProductIDL CPM Suite
Offices10 offices in Germany (HQ), Austria, Switzerland and France
Employees150
Customers1,100
Revenues (2019)Undisclosed
Websitewww.idl.eu