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419 Case Studies
A insightsoftware Case Study
Adven/Värmevärden, a leading Northern European provider of energy and water solutions, needed a better way to manage financial operations across six countries as it grew and completed the Värmevärden merger. The company faced added complexity from shifting reporting standards from FAS to IFRS, and its existing processes were not sufficient for Nordic and Baltic consolidation needs. insightsoftware’s Clausion Consolidation was selected to address these challenges.
With insightsoftware’s Clausion, Adven/Värmevärden gained a flexible consolidation system that supports parallel organizational structures, acquisition simulations, and both internal and outsourced accounting data. The solution enabled swift integration of new businesses and immediate consolidation of financial data, improving consistency and group-wide visibility. As a result, insightsoftware helped Adven/Värmevärden streamline and adapt its financial management as the business continued to expand.
Ilkka Kosola
CFO