Konsolidator expands its product portfolio to include BI reporting and analytics
May 15 2024 - 2:10AM
Konsolidator expands its product portfolio to include BI reporting
and analytics
Press Release no.3-2024
Copenhagen, May 15, 2024
Konsolidator expands its product portfolio to include BI
reporting and analyticsKonsolidator, a leading software provider of
financial consolidation, can now announce the establishment of a
new department, Konsolidator BI. This strategic move reinforces
Konsolidator's commitment to an evolving market by broadening its
value proposition to include advanced reporting and analytics
alongside financial consolidation. As of May 1, 2024,
Konsolidator’s former Head of Professional and Technical Services
has accepted the position as Head of Konsolidator BI.
Konsolidator BI® is one of Konsolidator’s growth initiatives,
first mentioned in the annual report 2023. The growth initiative
aims to enhance Konsolidator's value proposition of being the
preferred consolidation tool throughout the entire user journey –
from closing the books to reconciling and analyzing the numbers to
providing comprehensive financial reporting and management
insights. The launch of a new department follows the high demand
that Konsolidator has seen since introducing Konsolidator
BI® to its existing customers.
Bringing 10 years of reporting and analytics to
life
The Konsolidator team consists of experts with decades of
experience in financial consolidation as well as in financial
controlling, analyzing, and reporting. The team’s expertise has
been put to use in Konsolidator for the last 10 years while the
company has continued to learn from its customers.
Now Konsolidator brings that expert knowledge Konsolidator to
life in the creation of Konsolidator BI®. This advanced reporting
and analytics addition offers a unique value offering. It enables
access to data from various sources, all tailored to the needs of
its customers. Furthermore, it caters to organizations of all sizes
and complexities that want to gain more insight into and present
data from Konsolidator and their ERP systems in the best and most
efficient way.
Konsolidator BI® is offered in three sizes - Essential,
Advanced, and Enterprise BI solutions. Essential represents the
plug-and-play solution for the new customer in the BI universe,
where the two larger solutions give the possibility to drill down
to transactional data through a tailormade data warehouse solution
to meet any customer requirements. Read about Konsolidator BI®
here
First Konsolidator BI® project to be signed this
quarterKonsolidator introduced the new Konsolidator BI®
solution to existing customers in April 2024 and expects the first
project to be signed within this quarter.
By seamlessly integrating reporting and analytics
functionalities into its suite of services, Konsolidator continues
to strengthen its vision of making CFOs better.
CEO Claus Finderup Grove comments: ”Adding
advanced reporting and analytics to our consolidation software
strengthens our competitive edge further. We are already known in
the market as a leading consolidation tool. With reporting and
analytics, we become even more attractive to users seeking complete
financial management solutions. We know our data quality is strong,
and building a reporting tool on top of it promises our customers
efficiency and security in numbers.“
Contacts
- CEO: Claus Finderup Grove, mobile +45 2095 2988,
cfg@konsolidator.com
- CFO: Jack Skov, mobile, +45 2282 8845, js@konsolidator.com
About KonsolidatorKonsolidator A/S is a
financial consolidation software company whose primary objective is
to make Group CFOs around the world better through automated
financial consolidation and reporting in the cloud. Created by CFOs
and auditors and powered by innovative technology, Konsolidator
removes the complexity of financial consolidation and enables the
CFO to save time and gain actionable insights based on key
performance data to become a vital part of strategic
decision-making. Konsolidator was listed at Nasdaq First North
Growth Market Denmark in 2019. Ticker Code: KONSOL
- Press Release no 3-2024 - Konsolidator Power BI