Case Study: 5àSec achieves faster, more reliable financial consolidation and reporting with insightsoftware

Assist strategy and growth dynamics thanks to reliable reporting

5àsec, the global textile cleaning leader with 1,900 stores across 30 countries and a €90M turnover, needed a unified solution for consolidation, financial reporting, BI and intra‑group reconciliation across its 19 subsidiaries because its previous system no longer ensured reporting data reliability. They selected insightsoftware’s Viareport Online SaaS consolidation and reporting platform to run monthly financial reporting and quarterly statutory consolidation under IFRS/French GAAP and to decentralize reconciliation tasks.

insightsoftware implemented Viareport Online with modules such as Rapprolive for real‑time intra‑group reconciliation and Lease for lease accounting, delivering a stabilized consolidation engine and predefined configurations that required minimal adaptation. The solution improved data reliability, sped up the consolidation process, enabled subsidiaries to manage intercompany reconciliations in real time, reduced deployment costs and freed the finance team to focus on analysis and steering rather than number production.

5àsec

Hong-Linh Tran

Group Financial Controller