Granlund: Saving Time in Finance

Granlund, a rapidly growing group specializing in construction and real estate, prioritizes innovation and development to create functional, smart properties that enhance human well-being. With annual revenue exceeding €100 million and a team of approximately 1,100 experts, Granlund recently underwent a significant financial systems overhaul. Clausion from insightsoftware was chosen as the core engine for financial consolidation and business planning. Granlund has been using Clausion for financial consolidation for over two years, and recently implemented budgeting, with forecasting currently underway. 

Granlund's numerous business units, exceeding 100, contribute to budgeting and data entry. Managing this complexity with Excel spreadsheets has become increasingly cumbersome.  "We meticulously built budget templates," explains Henrik Ranta, Controller at Granlund, "but Excel struggled to handle the massive data transfers. With Clausion, business units directly input data, enabling centralized data management. Allocation tasks, such as splitting costs across various units, are now significantly easier." 

Clausion eliminates the need to compile multiple Excel versions during budgeting rounds, saving substantial time. The system removes unnecessary steps for both controllers and business owners.  "All data resides in one location," says Ranta. "Eliminating data transfers between systems saves significant time. The budgeting process is much faster as we no longer need to allocate resources for unnecessary intermediate steps. A centralized data view allows for immediate access to the full picture, which wasn't possible before consolidating all Excel sheets – a process that often took days."   "We've benefitted from insightsoftware’s consistent consultant support throughout implementation and beyond," Ranta continues. "Their familiarity with our company and Clausion ensures a smooth workflow."   In addition to budgeting, Granlund has initiated pilot programs for forecasting within the Clausion system. 

• Direct data entry and simplified allocation management. 

• Faster budgeting process – eliminates wasted time and resources on unnecessary steps. 

• Immediate access to the complete picture – all data resides in a single system. 

Learn more about how to automate your financial consolidation & simplify your business processes with Clausion. Ask for a free demo.