Cases

Cases

Digital finance journeys

At Solitwork we are very proud of our customer references, which consist of companies that are world-market-leaders in their industry.

We are grateful for the trust we have received over the many years we have worked together with several of Denmark’s largest and most successful family-owned companies.

Have a look at the examples below of how we have helped customers with their digital finance journeys.

Case stories

Gyldendal is Denmark’s oldest and largest publishing company. Since founded in 1770 it worked to enrich the Danes with knowledge, art, culture and good reading experiences.

Today’s modern Gyldendal consists of several companies within book publishing, educational materials, e-learning, mentoring, online audio and e-book service and distribution solutions. The complexity of the group has made ongoing reporting and budgeting a complicated affair. Historically, Gyldendal has used spreadsheets, but as the organization grew it became more and more complex and time-consuming.

“We evaluated different suppliers but quickly decided on Solitwork. They presented a flexible and competitive end-to-end platform that met all our needs across the group. Solitwork has strengthened our finance team with better tools and deeper insights into data. We have automated many of the tasks we previously spent hours on in Excel. And with the time saved and the easy access to insightful data, we can deliver much better business partnering to our stakeholders”

Morten Rosenbæk, Head of finance, Gyldendal

Uhrenholt is a globally represented food company delivering dairy products and frozen vegetables to a broad range of retail, wholesale, foodservice and industrial customers in more that 120 countries around the world.

Being a multinational company with a complex legal structure and more than 20 companies, made financial consolidation and reporting difficult. A legacy consolidation tool and manual Excel-work made the process overly complicated for the finance team. When given notice that their consolidation tool was running out our service, it was time to act.

Within 2 months Uhrenholt had a new and fully automated cloud-based consolidation solution supporting their monthly and yearly financial reporting. In addition to the technical platform, Solitwork supported Uhrenholt with the necessary training and competencies to comfortably make the quick shift from one solution to another.

“We have experienced a great commitment from Solitwork, and with the AFC platform, our new consolidation process was up and running in no time. Solitwork delivers professionalism, and a powerful platform, which we in Uhrenholt can rely on for our monthly and yearly financial consolidation process.”

Dorte Serup Hæsum, Former VP Group Finance, Uhrenholt

Whiteaway is a leading supplier of household appliances in all of Scandinavia. Through online shops, retail chains and wholesales, they have been challenging the market with their innovating and digital mindset since 2003. You will know the group through its brands ‘Skousen, tretti and Whiteway’.

Formerly the group’s financial reporting and accounting was tied up in a time-consuming and manual process. Extracting financial data from the groups ERP systems and doing the consolidation in Excel. A complicated and cumbersome process considering the amounts of internal trading between companies, exchange rate effects and complicated ownership structure.

“We needed a robust consolidation solution that could help speed up the consolidation process and make it less person-dependent. It was important to strengthen our accounting team and provide them with better tools to help support their work around monthly closings and reporting.”

 

“We have a complex corporate structure and many requirements in our reporting. We worked closely with Solitwork to find the ideal solution. They took responsibility for the implementation and provided valuable insight throughout the process. It was a good learning experience for us to discuss our internal processes. With a brand-new platform, we had a chance to do things the best way possible.”

 

“Solitwork’s platform provides us with automated consolidation across all companies and deep insights into our financial performance. Without all the hazzle of our old setup in Excel. That was definitely the dream scenario when we started.”

Michael Blaabjerg Madsen, Finance Business Partner, Whiteaway

Want to hear even more about how we can rethink your digital finance?

Contact us