Konsolidator® is a cloud-based, best-of-breed, SaaS consolidation and reporting tool that standardizes and streamlines the consolidation process through simple, innovative functionality. Powered by Microsoft Azure, Konsolidator® provides actionable insights through relevant, accurate and timely management information based on customers key performance data. Konsolidator® enables management to focus their time on the analysis of their data rather than the production, and thereby accelerate and improve tactical and strategic decisions to ultimately increase turnover.
Groups of all sizes are struggling with issues such as poor data quality, including an inability to obtain timely and accurate management information and the inefficiencies associated with outdated systems.
Konsolidator® was developed in response to these exact issues. As CFO's we experienced an unmet need when we were to provide accounts and financial reports to the board, management, auditor and banks, but lacked a simple software to support our work. The process of preparing consolidated financial statements in self-made Excel spreadsheets is time-consuming, and one is exposed to issues such as lack of consistency, documentation and transparency, as well as a high risk of error and a great dependency on the person who prepared the Excel-model. But for CFO's in small- and medium-sized groups there is no alternative to Excel.
With Konsolidator® even small- and medium-sized groups can gain a competitive advantage by digitizing the finance function and automating repetitive and time-consuming activities associated with monthly reporting and yearly consolidation to free up time for the finance function to add more strategic value to the business.
We founded Konsolidator® with an ambition to create cloud-based reporting and consolidation software that would revolutionize group finance functions worldwide. With our backgrounds as financial controller, CFO and chartered accountant from A.P Møller-Maersk, Lindeberg Group, Clipper Group and Deloitte and software architect at Dampskibsselskabet Norden, we have created the solution the market lacked which meets the exacts needs and requirements of finance professionals of today and the future.