Case Study: KWH Group achieves cloud-based, audit-ready global consolidation with CCH Tagetik

KWH Group implemented CCH Tagetik’s software solution for Consolidation

KWH Group is a family-owned Finnish manufacturer and logistics operator (Mirka, KWH Logistics and KWH Invest) with 2,400 employees across 53 reporting units in 20 countries and €502m turnover in 2018. The group struggled with fragmented legacy systems, two hierarchies, 20 currencies, multiple reporting standards (IFRS and FAS) and disparate IT environments, and needed a single database, improved audit trail, automated intercompany matching and cloud-based global rollout to deliver “one version of the truth” and clear data visualization for key users.

KWH deployed CCH Tagetik’s Consolidation solution covering Statutory, Management, IFRS and Financial reporting to centralize processes. The implementation delivered a cloud-based, scalable single database, automated workflows, enhanced audit trails and transparent IC-matching, plus visualized reporting processes—providing a modern, flexible consolidation platform and rapid realization of the group’s objectives.

KWH Group

Eija Savela

Group Controller