Case Study: Nordic Transport Group automates financial consolidation and reduces Excel risk with Konsolidator

Nordic Transport Group optimizes their business by automating the financial consolidation process and at the same time avoiding the risks and errors that are connected to Excel

Nordic Transport Group, one of Europe's leading transport companies, faced a heavy and complex financial consolidation process that was overly dependent on error-prone Excel spreadsheets. This manual task was time-consuming and a significant risk, especially as the company prepared for a stock exchange listing. They sought a new tool and selected the automated consolidation solution from vendor Konsolidator.

By implementing Konsolidator, the vendor, Nordic Transport Group automated its financial consolidation, drastically reducing the time spent on the process and eliminating previous risks and errors. This allowed their finance team to reallocate resources from manual consolidation to strategic data analysis. The implementation was smooth and quick, and the company now benefits from reliable, timely, and consistent financial data each month.

Nordic Transport Group

Christian D Jakobsen

Chief Executive Officer