Kordis Q2 2025 Update

Hey folks,

We’re back with some fresh software updates for Q2 that we’re genuinely excited about. Whether you're a Fractional CFO, a multi-entity expert, or a business owner who likes your numbers clean and your software smart, this one’s for you.

We've rolled out major improvements to financial statements and a powerful (but refreshingly simple) new consolidation feature. Here’s the full rundown, plus a few thoughts from the product team on why these changes matter.

Financial Statements 2.0

Let’s start with the big one: our financial statement module got a serious makeover. If you've ever had issues with our old UI (yes, we heard you and took notes), it’s time to meet your new favorite workflow.

What’s new:

• New Layout: As mentioned earlier, we completely overhauled how we display your financial statements. We focused on making the UI simpler up front so that you only see the key financial statement data like Revenue and COGS  when you first land on the page. Each financial statement is also separated out into its own tab which is a departure from the previous UI that had all of them stacked on top of each other. For those who liked all of the financial statements in one tab, no worries - we’ll be launching a “Master” tab in the coming weeks.
• Easy breakdowns: Want to get more in the weeds of your financial statement data? Our breakdown menu located in the top right allows you to breakdown financial statements by Accounts and Classes (class breakdown only available for income statement). We also have a 3 dot menu located next to each financial account so you can keep a summary view with some details as needed.
• Cash Addbacks made easy: You can manually add or remove miscategorized non-cash accounts in our Cash Flow Statement and watch your period’s Ending Cash Balance recalculate in real time.
• Flexible date ranges: Breakdown your financial statements into monthly, weekly, quarterly, or yearly view and use our new and improved date picker to quickly select the date range you want.

We’re hoping the improvements to our Financial Statements feature allows users a better way to visualize their business’s performance. Give it a try today and let us know what you think. We’re eager for feedback and are open to ideas.

Introducing Consolidated Organizations (Coming soon, but almost here)

If you've ever thought you just want to combine two QuickBooks entities without pulling your hair out, we’ve got your back.

Our new consolidation feature will allow you to merge financial data from multiple QuickBooks accounts into one seamless view. It’s still in closed beta at this point, but early adopters can opt in by getting in touch with our team. 

Here’s why it matters:

• Quick merges you can configure: Pick two (or more) existing organizations with active QuickBooks integrations and Kordis will consolidate all accounts into a unified structure. No spreadsheet messes, no manual cleanup.
• Custom account mapping: Misclassified Quickbooks accounts? Drag and drop them into the correct parent account (e.g., moving "supplies" into "cost of goods sold"). You can also use the dropdown menu to reclassify without dragging.
• Group creation: Want to report gross receipts from two orgs together in one account? Now you can. Create user-generated groups and build statements around them.
• Exclude duplicate accounts: Avoid double-counting by excluding redundant bank accounts or other assets that exist across entities. One click and they disappear from the consolidated view.

This has been a long-requested feature, especially by fractional CFOs dealing with multiple businesses. We're working to make it flexible, friendly, and finance-first.

A New Dashboard View

We upgraded our dashboard view to now include a tiled display of P&L, balance sheet, and pivot tables. Everything is cleaner, more navigable, and a lot less archaic in design.

This includes:

• More visibility controls: Show decimals or exclude zero-balance accounts to tighten your reports. A small toggle, but a big deal when you're prepping for stakeholder reviews.
• Alphabetical structure: All accounts are now labeled alphabetically, making them easy to navigate and organize.
• Live loader & feedback: You can now see real-time processing updates and can dive into what you need once it's done. It usually takes just a few minutes, depending on the data volume.

Our new Dashboard is a part of a larger analytics suite we’ll be rolling out in the coming months. We’re going to give fractional CFOs and business owners the ability to customize dashboards and reports. 

What’s Next

We’re continuing to polish the consolidation feature, but it’s available for beta use right now. If you want early access, just get in touch with our support team and we’ll get your account whitelisted.

We’re also working on enhancements based on your feedback, including better reporting tools, smarter classification suggestions, and deeper integrations with accounting software.

Kordis is evolving fast, and these Q2 updates are part of our broader mission to build intuitive, intelligent tools that truly support the way finance professionals work. If you're a fractional CFO, startup founder, or SMB owner, we’re building Kordis with you in mind.

As always, we’re just an email away. Let us know how these features are working for you, and what you’d like to see next. We're always happy to read your feedback.

Until next time,

—Roberto & The Kordis Product Team

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