Case Study: Elenia streamlines financial reporting and planning with insightsoftware Clausion

Elenia - Customer Case Study

Elenia, Finland’s second-largest electricity network company, needed a better way to handle financial reporting, budgeting, forecasting, and IFRS consolidation as its operations grew more complex. The finance team was relying on disconnected systems, siloed data, and time-consuming Excel-based processes, and with growing regulatory demands, it wanted to bring reporting in-house and reduce manual work. Elenia chose Clausion Consolidation from insightsoftware to streamline group reporting and financial planning.

Using insightsoftware’s Clausion, Elenia moved consolidation and IFRS accounting in-house and enabled direct budgeting by business and team leaders. The result was major efficiency gains: a management report that once took hours in Excel can now be generated in under two minutes, while budgeting and forecasting became significantly faster and more reliable. insightsoftware also helped Elenia improve data import and ad-hoc reporting capabilities, strengthening collaboration and delivering faster, more accurate group-level reporting.

Elenia

Taru Suutari

Finance Manager