Retail

Whiteaway

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.

Whiteaway case

"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."

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