Solutia Group
Optimizing the financial consolidation process with Konsolidator.
The need for autonomy and financial control
Solutia Group consists of 12 companies specialized in different IT sectors, and faced the challenge of complying with the legal obligation to consolidate accounts and carry out uarterly consolidations efficiently.
Why Konsolidator
- Ease of use: intuitive and tailored to what they really need.
- Customization of functionalities: no unnecessary modules.
- Competitive price: adjusted to the scope of the project.
Implementation and technical support
During the first year, some mismatches were identified in the account structure, especially in balance sheets and P&G.
- Adaptation to the spanish account plan.
- Fixed misplaced items
- Practical models to facilitae implementation.
Users of the tool comment that the consultant adapted the tool to the Spanish accounting plan and provided them with very useful models, which made implementation much easier.
"Before, we outsourced the entire process and relied on third parties to obtain consolidated data. We wanted to have autonomy and control over our financial information, in addition to being able to consolidate quarterly, and not only at the end of the year. We appreciated that Konsolidator allowed us to limit the functionalities to what we really needed, avoiding unnecessary modules, and that the price was adjusted to our needs."
Administration Manager at Solutia
The result: agile consolidation with full control
Thanks to Konsolidator, Solutia Group has achieved:
- Greater autonomy in financial consolidation.
- Quarterly consolidations without relying on third parties.
- Clear and structures information for decision-making.
- Time savings and fewer human errors.
The implementation of Konsolidator has transformed Solutia Group's financial process, achieving a more agile, reliable consollidation process under internal control, aligned with the group's growth and its legal and strategic needs.
"Konsolidator has allowed us to centralize financial information efficiently and reliably, which gives us peace of mind and allows us to focus on strategic analysis."
Audit Manager at Solutia
