Konsolidator partners with Deloitte, Mazars and PwC

15 July 2020 Consultancy.eu 2 min. read

Danish software solutions company Konsolidator has agreed partnerships with three of the ten largest professional services firms in the world. 

Earlier this month, Konsolidator announced it has entered a cooperation with PwC in Germany, the largest of the so-called Big Four accounting and consulting firms in Germany. As part of the deal, PwC will open its up vast network of clients to Konsolidator’s solution, which centres around financial consolidation and reporting.

Konsolidator was founded in 2014 and provides a specialist solution for CFOs and their finance teams. The company’s SaaS consolidation and reporting tool automates, standardises, and streamlines the monthly and annual reporting consolidation process, while providing more speed and flexibility.

Konsolidator partners with Deloitte, Mazars and PwC

In return, PwC has been named an implementation partner of Konsolidator, meaning the firm is granted the mandate to advise and support Konsolidator customers in Germany.

The deal comes two months after the Danish software company signed a similar partnership agreement with Mazars, a French-origin player which ranks as the ninth largest auditing and consultancy firm in Germany. 

According to an estimate from Konsolidator, there are around 25,000 companies in Germany’s that fall within its target audience. “These partnerships will help us better onboard our German customers,” said Konsolidator’s CEO Claus Finderup Grove and CFO Jack Skov.

Meanwhile, Konsolidator is also been pushing for growth in Asia. “With its eagerness to adapt new technologies to drive innovation and improve productivity, the South East Asian region, and especially Singapore, holds a great potential,” said Finderup Grove and Skov.

To support its Asian operations, the NASDAQ listed company has teamed up with AP Flow Group (a sales agent) and the Malaysian arm of Deloitte (an implementation partner).