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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 quarter
Konsolidator introduced the new Konsolidator BI® solution to existing customers in April 2024 and expects the first project to be signed within this quarter.