Case Study: Carl Hansen & Søn achieves higher-quality financial data with Konsolidator

Carl Hansen & Søn - Customer Case Study

Carl Hansen & Søn, a global furniture manufacturer with 10 subsidiaries, faced significant challenges consolidating its group finances. The process was heavily manual, relying on Excel and requiring the financial team to constantly review and adjust monthly exchange rates throughout the entire year, which was inefficient and led to potential errors.

By implementing Konsolidator's financial consolidation software, the company automated its processes. Konsolidator provided automatically updated exchange rates and traceable post entries, eliminating the year-end "shock" of manual adjustments. This solution delivered a substantial increase in data quality and accuracy, saving the team a great amount of time while providing a more trustworthy and navigable system designed specifically for consolidation.

Carl Hansen & Søn

Christian Mølsted

Group Accounting Manager