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Konsolidator launches FP&A project to fully automate Cash Flow forecasting
Globenewswire·2025-05-15 08:30

Core Insights - Konsolidator has launched a new Financial Planning & Analysis (FP&A) project aimed at automating predictive forecasting for finance teams in corporate groups, aligning with its 2025–2027 Resilient Growth strategy [1][5] - The new tool will integrate into Konsolidator's existing platform, enhancing budgeting and forecasting capabilities for finance teams by providing automated cash flow forecasting [2][6] - The appointment of Frederik Meinertsen as Head of FP&A marks a significant step in the company's strategy, bringing two decades of experience in finance and technology [4][5] Product Development - The FP&A tool is part of Konsolidator's broader Build, Buy, Partner approach, which is one of the four strategic pillars of the Resilient Growth strategy [5] - The tool aims to address the complexities of cash flow forecasting at a group level, which is a critical task for CFOs [2][5] - Additional details regarding the product name and pricing model will be announced closer to the launch, with early access opportunities for interested finance teams and partners [6] Market Context - The adoption of cloud ERP systems has significantly improved data accessibility in finance functions, making predictive forecasting a viable option for CFOs [3] - The integration of Business Intelligence and AI into the new FP&A tool is expected to elevate the financial operations of corporate groups [5][6] - Konsolidator aims to enhance its product offerings to provide reliable and predictive financial data, responding to customer demands for advanced budgeting and forecasting solutions [6]