G5 Entertainment
G5 Entertainment now gets precise financial output with an easy-to-use and lightweight software
Easy data entry
With Konsolidator, it is possible for the subsidiaries of G5 Entertainment to make data entries themselves for a smoother
and faster process
Reliable output
As Konsolidator is more robust than manual solutions, a precise financial output for the group is ensured
The short story of G5 Entertainment
G5 entertainment is a free-to-play game developer listed in Sweden in 2006, and New York in 2019. They have a long history as one of the world’s first games development studios. With subsidiaries in both Europe and the US, they are a dynamic group, with 900+ staff spread across many locations and countries.
> Founded: 2001
> Company structure: 7 subsidiaries and entities in 11 countries
> Reporting challenges: Listed company, multiple currencies, and local accounting systems
> Reporting frequency: Monthly
Industry: Game development
"We were looking for something that was a bit more lightweight and more cost effective and then Konsolidator seemed to fit quite well into that."
Stefan Wikstrand
CFO
Why G5 Entertainment chose Konsolidator
With their previous system, there was just one main user, who received the Excel reporting from the subsidiaries, and uploaded them into the consolidation tool. With the ERP integrations in Konsolidator it is possible for the subsidiaries to make data entries themselves, which has
made the process faster and smoother.
As a listed company, the demand for stability in the group’s financial accounting was also a factor in choosing Konsolidator. The system is more robust than manual solutions such as Excel. This ensures that the data output is precise and reliable.
Aside from these benefits, simplicity and competitive pricing have made Konsolidator a perfect fit for G5.
"I didn't find it difficult, it's quite straightforward"
Dmitrii Galkin
Group Financial Controller
