Konsolidator, a cloud-based financial consolidation and reporting software company founded in 2014 and headquartered in Søborg, Denmark has launched its new financial data warehouse, a solution modeled specifically for CFOs and finance teams dealing with the overwhelming influx of data from multiple sources. This offering aims to provide finance professionals with a clean, well-organised view of their data, facilitating reporting and strategic decision-making without the need for IT department involvement.
The challenge for many finance departments today is not the lack of data but the complexity of managing it. With information pouring in from ERP systems, CRMs, spreadsheets, and planning tools, the ability to extract meaningful insights is often lost. Konsolidator’s new data warehouse addresses this by delivering structured and reliable data, tailored for finance users rather than IT specialists.
Lars Højer Paaske, Head of Product at Konsolidator, emphasises, “It’s no longer about access to data—it’s about making sense of it. You need a solution built for finance, not developers.” This underlines the product’s design philosophy, which prioritises usability for finance teams who may lack internal IT resources.
The solution is fully integrated with Microsoft Fabric and Power BI, enabling advanced analytics, transparency down to transaction level, and automated reporting workflows. Its hosted nature means built-in governance, security, and compliance are handled by Konsolidator, allowing finance teams to focus on insights rather than infrastructure management.
This launch forms part of Konsolidator’s wider “Resilient Growth” strategy for 2025–2027, which includes expanding product offerings through a “Build, Buy or Partner” approach. The financial data warehouse is the first step in rolling out The Konsolidator Suite, a platform designed to give finance teams comprehensive control over their data—from consolidation to reporting—integrating seamlessly into broader finance digital ecosystems.
CEO Claus Finderup Grove remarks, “This is the first step into something bigger. We’re moving beyond ‘just being a consolidation product’ to become a central part of the entire finance department. We believe finance teams already have the right skills and data—they just need the right tools to use it.”
Konsolidator’s move reflects a growing trend in financial software towards empowering finance professionals with tools that reduce dependency on IT, streamline data complexity, and enhance strategic financial management.
About Konsolidator
Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed on the Nasdaq First North Growth Market Denmark in 2019.
