Konsolidator
24 Case Studies
A Konsolidator Case Study
Blue Power Partners, a global consultancy and project development company focused on renewable energy, faced significant challenges in its financial consolidation process due to its rapid international growth, complex structure of subsidiaries and branches, and multiple currencies. Their manual Excel-based process was inefficient and prone to errors. To address this, they implemented a free trial of the consolidation software from vendor Konsolidator.
By implementing Konsolidator, which integrates seamlessly with their Business Central ERP system, Blue Power Partners achieved a dramatic improvement. The solution provided a simple "one input, one output" process, eliminating the need to manage numerous Excel sheets and currencies. The results were substantial; the vendor's software cut their monthly financial consolidation time from days to just hours, greatly enhancing efficiency, ensuring compliance, and freeing up the finance team for more essential tasks.