Case Study: BAUER Group achieves automated, audit-proof consolidated financial reporting and two-day monthly time savings with insightsoftware's IDL solution

Online data exchange for consolidated financial statements at the Bauer group

BAUER Group, a global leader in special foundation engineering with over 110 subsidiaries in around 70 countries, faced time-consuming, error-prone consolidation and investment reporting driven by thousands of Excel files exchanged between headquarters and subsidiaries. To modernize its group reporting, BAUER Group worked with insightsoftware, deploying IDL Konsis and IDL Designer to replace Excel packages and streamline IFRS and consolidation processes.

insightsoftware implemented online data entry, an automated SAP interface, a central database and IDL Workflow to control submissions, enabling one-click report distribution, group-wide evaluation of figures and comments, and audit-proof documentation. The centralized solution eliminated manual aggregation, improved transparency, and delivered measurable savings — BAUER Group now expects to save two days of work each month when preparing report forms.

BAUER Group

Daniel Reil

Consolidated accounting consultant