Case Study: Flughafen Zürich cuts financial consolidation time in half with Konsolidator

Flughafen Zürich - Customer Case Study

Flughafen Zürich AG, the operator of Zurich Airport, faced challenges with its financial consolidation process as the company grew and its group structure became more complex. Their outdated, manual process in Excel was time-consuming and prone to errors. To address this, they turned to the vendor Konsolidator and implemented its cloud-based financial consolidation software.

By adopting Konsolidator, Flughafen Zürich AG digitalized and automated its workflow. The solution provided greater transparency, making it easier to spot errors and reducing the need to seek information from subsidiaries. This saved the accounting team 50% of the time previously spent on consolidation, freeing up 3-5 working days each quarter. The team also utilized Konsolidator Konnect for streamlined report updates. The implementation was quick and smooth, ultimately leading to a more efficient and transparent financial process.

Flughafen Zürich

Oliver Gfeller

Accounting Manager